Webuy Partners with Moyu Travel and MeetPanda to Expand China Inbound Travel

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Webuy Global Ltd has signed a memorandum of understanding with Shanghai MoYu Travel Service, operator of the MeetPanda platform, to jointly develop travel experiences for international visitors to China. The partnership follows strong growth at Webuy's WeTrip platform, which recorded approximately US$907,000 in total transaction value in the second quarter of 2026, more than nine times the level in the same period of 2025. Moyu has generated cumulative gross merchandise value exceeding RMB1 billion and facilitated over 400,000 group trips, while its MeetPanda network covers more than 60% of Chinese cities through over 3,000 certified bilingual guides. The non-binding MOU will explore cooperation across cultural experiences, city walks, culinary and photography tours, wellness programs, corporate visits, and customized travel services, initially covering destinations including Beijing, Shanghai, Chengdu, and Xi'an.

Impact on stocks 1

Consumer Staples▲ · 1 stocks
WEBUY GLOBAL LTD. Ordinary Shares
WBUY
▲ PositiveDemandrelevance

Webuy's WeTrip platform shows strong growth and the partnership with Moyu/MeetPanda is expected to further boost inbound travel demand.

Off-coverage companies 1

Shanghai MoYu Travel Service Co., Ltd. (MeetPanda)Private▲ Positive
Demandrelevance

Moyu/MeetPanda gains a partner to expand its international visitor services, leveraging Webuy's customer base.

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