Articles from Webus International Limited

Funding to accelerate XRP Treasury Strategy Growth

Hangzhou, CHINA, June 10, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced that its wholly-owned U.S. subsidiary, Wetour Travel Tech LLC, has executed a definitive three-year cooperation agreement with Utour LLC, one of the largest resource aggregators for Antelope Canyon and Horseshoe Bend tours in Las Vegas. The partnership secures Utour’s exclusive Upper & Lower Antelope Canyon allotments and combines them with WETO’s global digital reach, enabling faster, deeper access to critical U.S. tourism assets and offering premium multilingual experiences to travelers worldwide.

Hangzhou, CHINA, June 02, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the signing of a Delegated Digital-Asset Management Agreement (the “Agreement”) with Samara Alpha Management LLC ("Samara Alpha"), a top-tier SEC-registered investment adviser, establishing a strategic framework for potential future digital asset treasury operations.

HANGZHOU, China, May 29, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus,” the “Company,” “we,” “our,” or “us”) (NASDAQ: WETO), a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide, today announced two complementary strategic developments that significantly advance its vision of a seamless, borderless travel ecosystem. 

Hangzhou, CHINA, April 22, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced plans to establish a new subsidiary in Osaka, Japan, marking a significant milestone in the Company's global expansion strategy.

Hangzhou, CHINA, March 12, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, provided a letter to shareholders from Chief Executive Officer Nan Zheng.

Hangzhou, CHINA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share (the “Offering Price”) to the public.

Hangzhou, CHINA, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share (the “Offering Price”) to the public, for a total of $8,000,000 of gross proceeds, before deducting underwriting discounts and other offering expenses.