Singapore, June 27, 2025 — Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a rapidly expanding e-commerce and travel technology enterprise in Southeast Asia, has formalized a strategic Memorandum of Understanding (MOU) with CTG MICE Service Company Limited. (“CTG MICE”), a subsidiary of China Tourism Group Travel Services Co. Ltd., which is itself part of China Tourism Group Corporation Limited (“CTG”), China’s largest state-owned tourism conglomerate. This collaborative effort seeks to jointly develop and scale services for inbound tourism into China.
Through this significant alliance, both companies intend to jointly facilitate the annual arrival of a minimum of 20,000 Chinese inbound visitors by improving infrastructure, crafting specialized travel itineraries, and providing premium VIP services. By utilizing AI-driven itinerary planning, real-time assistance, and smooth travel experiences, the partnership aims to position China as a leading global destination for cultural tourism.
A Strategic Alliance for a New Era of Travel
As China reopens to the international community, this strategic partnership emerges at a crucial juncture. Webuy’s travel division, WeTrip, recognized for delivering immersive, intelligent, and tailored travel solutions, will collaborate closely with CTG Travel to ensure a seamless, comprehensive experience. Offerings will encompass visa facilitation, conference support, and exclusive access to historical sites.
CTG Travel will serve as WeTrip’s sole inbound travel service provider within China. The collaboration further includes:
- Access to expedited VIP customs clearance and superior hospitality services.
- Tailored city itineraries, heritage and cultural tours, and smart retail integration.
- Jointly developed initiatives such as “Cultural Tourism Going Global” and “International Cultural Exchange” to bolster China’s soft power and destination appeal.
Bin Xue, CEO of Webuy Global Ltd, remarked: “Our fundamental goal has consistently been to render travel more significant and attainable. This alliance represents a pivotal achievement in our expansion plan, as we endeavor to present the finest of China to international visitors, leveraging technology, fostering trust, and embracing cooperation.”
About Webuy Global Ltd.
Webuy Global Ltd. is a technology-focused company revolutionizing community e-commerce and travel across Southeast Asia. The Company enhances its group-buy framework with predictive AI, personalized suggestions, and community-driven engagement, while its travel arm provides curated itineraries and real-time assistance through its proprietary AI Travel Consultant. Webuy is dedicated to offering high-quality, affordably priced products and travel services that improve the lives of millions throughout the region. For further details, please visit.
About CTG MICE
A subsidiary of CTG Travel, CTG MICE specializes in delivering comprehensive, “one-stop” MICE (Meetings, Incentives, Conferences, and Exhibitions) services for institutional clients, including state-owned enterprises, government entities, and Fortune Global 500 companies. Its diverse operations span conference services, international convention services, customized incentive travel services, exhibitions, business investigation and training, event planning and sports events, airport VIP services, and more. CTG Travel is part of CTG, which includes two publicly listed subsidiaries: China Travel International Investment Hong Kong Limited (HKEX: 00308) and CTG Duty-Free (HKEX: 01880). CTG MICE is committed to embracing market innovation and development, focusing on strengthening its business and professional capabilities to build an elite team and provide quality services that maximize customer commercial value, aspiring to set the standard for China’s MICE tourism service industry.
Forward-Looking Statements
This press release contains forward-looking statements that carry inherent risks and uncertainties. Actual outcomes may vary substantially from those projected due to various factors, including operational execution, market dynamics, and regulatory requirements. Webuy Global Ltd. assumes no obligation to update any forward-looking statements, unless mandated by law.
CONTACT: Webuy Global Ltd. ir@webuy.global