Webuy Global's AI-Powered Disney Cruise Campaign Boosts Revenue and Stock Price

Webuy reports revenue boost from AI-driven Disney campaign By Investing.com

SINGAPORE - Webuy Global Ltd (NASDAQ:WBUY), a technology-driven e-commerce and travel platform currently valued at $10.35 million, has reported significant financial outcomes from its Disney (NYSE:DIS) cruise campaign, which utilized its Micky1.0 Travel AI. The campaign, running from December 10th to 23rd, 2024, resulted in a Receivable Booking (NASDAQ:BKNG) Value (RBV) of SGD 465,527 and a Booking Revenue of SGD 162,202. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics. The company's AI-powered travel assistant, Micky1.0, was instrumental in engaging customers by providing real-time quotes and personalized recommendations through WhatsApp. This initiative emphasizes the effective collaboration between AI technology and human customer service, which led to increased customer engagement and sales. The company has demonstrated strong revenue growth of 21.3% in the last twelve months, though InvestingPro data indicates challenges with cash burn and profitability metrics. Vincent Xue Bin, CEO of Webuy Global Ltd, highlighted the campaign's success as a testament to the company's AI-driven strategy in enhancing customer experiences and driving sales growth. He expressed optimism about scaling Micky1.0 and similar technologies to benefit both customers and shareholders. Webuy's focus on integrating advanced AI technologies with its core services is part of its commitment to becoming the leading e-commerce and travel platform in Southeast Asia. The company's innovations aim to streamline the traditional supply chain, offer a community-driven shopping experience, and simplify travel planning for its users. The information reported is based on a press release statement from Webuy Global Ltd. For comprehensive financial analysis and additional insights, including 13 more exclusive ProTips and detailed metrics, visit InvestingPro. In other recent news, Southeast Asian e-commerce company Webuy Global Ltd. has secured approximately $3.7 million in gross proceeds from a registered direct offering of about 21 million Class A ordinary shares. This development comes amidst significant cash burn challenges, as indicated by a negative free cash flow of -$12.12 million in the past year. Despite this, the company has seen promising revenue growth of 21.3% over the same period, generating $65.44 million in revenue with a modest gross profit margin of 10.7%. In addition to the direct offering, Webuy has also made significant strides in NVIDIA (NASDAQ:NVDA)'s AI Accelerator Program. This advancement is a key part of Webuy's strategy to leverage advanced AI to enhance its services and customer value. The company uses AI across various facets of its operations, including personalized travel planning, predictive demand analytics, and enriched social interaction for community shopping and travel discussions. These recent developments reflect Webuy's commitment to AI-driven solutions and its ongoing efforts to navigate the volatile market. As per InvestingPro's analysis, the company maintains a moderate debt-to-equity ratio of 0.76. However, it is important for investors to consider both the risks and opportunities associated with Webuy's financial health and recent advancements.

WeBuy Global Shares Climb On Disney Cruise Campaign Success Powered By Micky1.0 AI - Webuy Global (NASDAQ:WBUY)

Micky1.0 Travel AI handled inquiries, quotes, and tailored suggestions, boosting customer engagement and sales. WEBUY GLOBAL LTD. WBUY shares are trading higher on Tuesday after the company disclosed the success of its Disney cruise campaign, driven by its innovative Micky1.0 Travel AI on WhatsApp. Earlier this month, the company had launched Micky1.0, available through WhatsApp. Webuy's Micky1.0 instantly answers travel inquiries with real-time quotes, detailed information on travel packages, flights, and accommodations. It offers personalized recommendations based on user preferences, including weather updates and itinerary suggestions. Micky1.0 supports multiple languages (English, Malay, Chinese) and communicates via both voice and text, streamlining trip planning for group tours and independent travel. Webuy's Disney cruise campaign utilized its digital marketing expertise to channel leads to Micky1.0. The campaign showcased the company's ability to enhance customer engagement and achieve strong financial outcomes through advanced AI and personalized service integration. Micky1.0 handled customer inquiries, delivered real-time quotes, and offered tailored recommendations, seamlessly transitioning qualified leads to travel consultants for finalizing bookings. This approach demonstrated the effective integration of advanced technology with human expertise. Also, this month, Webuy progressed to the next phase of NVIDIA's AI Accelerator Program. Webuy's participation in this program highlights its commitment to driving innovation through technology, aiming to transform the e-commerce and travel industries. Price Action: WBUY shares rose 6.2% to 18 cents on Tuesday. Read Next: HIVE Digital Boosts AI Ambitions With $30 Million Nvidia GPU Deployment Photo: Shutterstock WBUYWebuy Global Ltd$0.17302.91%WatchlistOverview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs