Business
Webuy Global Ltd. and CTG MICE Service Company Limited., a Subsidiary of China Tourism Group, Sign Landmark Agreement to Boost Inbound Tourism to China
Singapore, June 27, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a fast-growing Southeast Asian e-commerce and travel technology company, has entered into 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 part of China Tourism Group Corporation Limited (“CTG”), the largest state-owned tourism enterprise in China. The partnership aims to j
About this update from Webuy Global Ltd.
[{"type":"text","content":"Singapore, June 27, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a fast-growing Southeast Asian e-commerce and travel technology company, has entered into 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 part of China Tourism Group Corporation Limited (“CTG”), the largest state-owned tourism enterprise in China. The partnership aims to jointly develop and scale inbound tourism services to China.","length":559,"tagName":"p"},{"type":"text","content":"Under this landmark partnership, both companies will jointly facilitate the annual arrival of at least 20,000 Chinese inbound travelers by enhancing infrastructure, designing curated travel routes, and delivering premium VIP services. By leveraging AI-powered itinerary planning, real-time support, and seamless travel experiences, the collaboration seeks to position China as a premier global destination for cultural tourism.","length":427,"tagName":"p"},{"type":"text","content":"A Strategic Alliance for a New Era of Travel","length":44,"tagName":"p"},{"type":"text","content":"As China reopens to the world, this strategic partnership arrives at a pivotal moment. Webuy’s travel vertical WeTrip, known for delivering immersive, intelligent, and personalized travel solutions, will work closely with under CTG Travel to deliver a seamless end-to-end experience. Offerings will include visa facilitation, conference support, and exclusive access to heritage sites.","length":385,"tagName":"p"},{"type":"text","content":"CTG Travel will serve as WeTrip’s exclusive inbound travel service provider in China. The collaboration also includes:","length":118,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Access to fast-track VIP customs clearance and premium hospitality services.","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"Customized city itineraries, heritage and cultural tours, and smart retail integration.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Jointly curated campaigns such as “Cultural Tourism Going Global” and “International Cultural Exchange” to promote China's soft power and destination branding.","length":163,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"l...