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WEBUY GLOBAL LTD. Expands Second Collaboration with CTG MICE Service Company Limited on AI Travel Devices

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Singapore, Jan. 12, 2026 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD (Nasdaq: WBUY) (the “Company” or “Webu...

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AI Summary

WBUY expands collaboration with CTG MICE for AI travel devices in China. China's tourism market shows significant growth and opportunities for travel tech. WBUY's AI guide delivers natural, hands-free travel experiences. The CEO emphasizes long-term growth potential through strong partnerships. WBUY's ecosystem focuses on technology-driven solutions for travelers.

Sentiment Rationale

The collaboration expands WBUY's reach into a lucrative market, similar to past successes in tech-driven travel services leading to stock rises.

Trading Thesis

Sustained partnerships in a growing market can lead to continued revenue over years, analogous to companies that thrive with technological upgrades.

Market-Moving

  • WBUY expands collaboration with CTG MICE for AI travel devices in China.
  • China's tourism market shows significant growth and opportunities for travel tech.
  • WBUY's AI guide delivers natural, hands-free travel experiences.

Key Facts

  • WBUY expands collaboration with CTG MICE for AI travel devices in China.
  • China's tourism market shows significant growth and opportunities for travel tech.
  • WBUY's AI guide delivers natural, hands-free travel experiences.
  • The CEO emphasizes long-term growth potential through strong partnerships.
  • WBUY's ecosystem focuses on technology-driven solutions for travelers.

Companies Mentioned

  • CTG (CTG)
  • AAPL (AAPL)
  • GOOGL (GOOGL)

Corporate Developments

The announcement signals strategic growth potential and enhances market focus on WBUY’s innovations.

WEBUY GLOBAL LTD. Announces Expansion of Collaboration with CTG MICE Service Company

Singapore, Jan. 12, 2026 (GLOBE NEWSWIRE) - WEBUY GLOBAL LTD (Nasdaq: WBUY), a leading technology platform, has announced an expanded partnership with CTG MICE Service Company Limited, a subsidiary of China Tourism Group. This collaboration will support the rollout of AI-powered smart travel guide devices across major museums and cultural attractions in China, aiming to enhance the travel experience in one of the world's largest tourism markets.

Significant Market Opportunity in China

According to the Ministry of Culture and Tourism of the People’s Republic of China, the country recorded approximately 5.62 billion domestic trips and attracted about 131.9 million inbound visitors in 2024. Domestic tourism spending reached approximately RMB 5.75 trillion (around US$790 billion). With about 660,000 licensed tour guides and over 16,000 museums and A-level tourist attractions, the market offers a substantial opportunity for scalable, technology-enabled travel guidance.

Innovative AI Travel Devices

WEBUY's AI smart travel guide device is designed for real-world travel environments, providing users with a natural, hands-free experience. Key features include:

  • 8,000mAh high-capacity battery for all-day use and portable charging.
  • Dedicated push-to-talk button with wired headset for seamless interaction.
  • Advanced voiceprint recognition and near-field audio capture for accurate communication in crowded settings.

This cutting-edge device is powered by an open AI operating system and connects to WEBUY's proprietary travel database via the MCP protocol. It provides personalized, itinerary-aware guidance, answering user inquiries about next destinations, daily planning, and local weather considerations.

CEO Comments on the Collaboration

Vincent Xue Bin, CEO of WEBUY GLOBAL LTD, stated, "This collaboration lays the foundation for the deployment of intelligent, scalable travel guidance across one of the world’s largest tourism ecosystems. By combining dedicated AI hardware, proprietary travel intelligence, and strong institutional partnerships, we are positioning this platform for long-term adoption and growth."

About WEBUY GLOBAL LTD

WEBUY GLOBAL LTD (Nasdaq: WBUY) is a technology-driven platform that transforms social commerce and travel services in Southeast Asia. The Company offers curated travel experiences, cross-border tour services, and comprehensive regional travel solutions for clients in Indonesia, Singapore, and beyond. WEBUY is dedicated to building an integrated travel ecosystem founded on innovation, service quality, and strategic partnerships.

Forward-Looking Statements

This announcement includes forward-looking statements that involve risks and uncertainties based on the Company's current expectations and projections about future events that may impact its financial condition, operational performance, and strategic outlook. Investors should be aware that actual results may differ materially and are encouraged to review risk factors detailed in the Company's final prospectus and SEC filings before making investment decisions regarding WBUY.

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