Webuy Global Ltd (NASDAQ:WBUY) ("Webuy" or the "Company"), a technology-driven comprehensive travel solutions company, today announced it  has entered into a Memorandum of Understanding ("MOU") with Shanghai MoYu Travel Service Co., Ltd.  ("Moyu"), operator of the MeetPanda platform, to jointly develop new travel experiences for international visitors to China.

The partnership comes amid strong growth at WeTrip, Webuy’s China-focused travel platform. Based on preliminary unaudited internal data, WeTrip recorded approximately US$907,000 in total transaction value during the second quarter of 2026, more than nine times the level recorded in the same period of 2025. In June 2026 alone, total transaction value reached approximately US$419,000, more than ten times the level recorded in June 2025.

The partnership is expected to bring together WeTrip’s growing international customer reach and travel operations with Moyu’s local network and destination capabilities across China.

According to information provided and confirmed by Moyu, the company has generated cumulative gross merchandise value exceeding RMB1 billion, facilitated more than 400,000 group trips and completed four rounds of financing totaling nearly RMB200 million. MeetPanda, Moyu’s China inbound travel platform, states that its network covers more than 60% of Chinese cities through over 3,000 certified bilingual "Panda Captains."

Under the MOU, Webuy and Moyu MeetPanda will explore cooperation across local cultural experiences, city walks, culinary and photography experiences, health and wellness programs, corporate and technology visits, and customized travel services.

Initial cooperation is expected to cover key destinations including Beijing, Shanghai, Chengdu, Xi’an, Hangzhou, Shenzhen, Guangzhou, Chongqing, Xiamen and Huangshan.

The partnership is expected to expand the range of locally connected experiences available through WeTrip as international travelers increasingly seek more personalized and immersive ways to explore China.