2023 Q4 Form 20-F Financial Statement
#000121390024032987 Filed on April 15, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $61.69M | $61.69M | $44.56M |
YoY Change | 38.43% | 38.43% | 99.86% |
Cost Of Revenue | $56.54M | $56.54M | $40.81M |
YoY Change | 38.56% | 38.56% | 106.18% |
Gross Profit | $5.143M | $5.143M | $3.752M |
YoY Change | 37.08% | 37.08% | 49.87% |
Gross Profit Margin | 8.34% | 8.34% | 8.42% |
Selling, General & Admin | $10.30M | $10.30M | $11.12M |
YoY Change | -7.43% | -7.43% | 3.84% |
% of Gross Profit | 200.21% | 200.21% | 296.45% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.023M | $1.333M | $240.0K |
YoY Change | 326.37% | 204.9% | 100.0% |
% of Gross Profit | 19.9% | 25.93% | 6.4% |
Operating Expenses | $10.30M | $10.30M | $11.12M |
YoY Change | -7.43% | -7.43% | 3.84% |
Operating Profit | -$5.153M | -$5.153M | -$7.370M |
YoY Change | -30.08% | -30.08% | -10.2% |
Interest Expense | -$294.1K | -$294.1K | -$283.5K |
YoY Change | 3.74% | 3.74% | 990.92% |
% of Operating Profit | |||
Other Income/Expense, Net | $285.0K | $285.0K | $127.2K |
YoY Change | 124.0% | 124.0% | 92.1% |
Pretax Income | -$5.162M | -$5.162M | -$6.701M |
YoY Change | -22.96% | -22.96% | -17.95% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$5.146M | -$5.146M | -$6.661M |
YoY Change | -22.74% | -22.74% | -17.15% |
Net Earnings / Revenue | -8.34% | -8.34% | -14.95% |
Basic Earnings Per Share | -$0.11 | ||
Diluted Earnings Per Share | -$0.11 | -$0.11 | -$0.13 |
COMMON SHARES | |||
Basic Shares Outstanding | 48.83M shares | ||
Diluted Shares Outstanding | 48.83M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.394M | $5.394M | $1.550M |
YoY Change | 247.99% | 246.99% | |
Cash & Equivalents | $5.394M | $5.394M | $1.550M |
Short-Term Investments | |||
Other Short-Term Assets | $2.356M | $2.356M | $540.0K |
YoY Change | 336.25% | 334.92% | |
Inventory | $769.6K | $769.6K | $1.130M |
Prepaid Expenses | |||
Receivables | $13.19M | $13.19M | $2.570M |
Other Receivables | $3.688M | $3.688M | $800.0K |
Total Short-Term Assets | $25.39M | $25.39M | $6.590M |
YoY Change | 285.36% | 285.28% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.587M | $3.587M | $470.0K |
YoY Change | 663.2% | 669.18% | |
Goodwill | |||
YoY Change | |||
Intangibles | $1.251M | $933.0K | |
YoY Change | 34.1% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $4.838M | $4.838M | $1.400M |
YoY Change | 245.59% | 245.75% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $25.39M | $25.39M | $6.590M |
Total Long-Term Assets | $4.838M | $4.838M | $1.400M |
Total Assets | $30.23M | $30.23M | $7.990M |
YoY Change | 278.39% | 278.36% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $11.06M | $11.06M | $5.460M |
YoY Change | 102.54% | 102.37% | |
Accrued Expenses | $1.384M | $1.384M | $510.0K |
YoY Change | 171.35% | 173.29% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.414M | $2.414M | $2.020M |
YoY Change | 19.51% | 19.3% | |
Total Short-Term Liabilities | $22.18M | $22.18M | $10.28M |
YoY Change | 115.74% | 115.7% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $204.8K | $204.8K | $470.0K |
YoY Change | -56.43% | -56.78% | |
Other Long-Term Liabilities | $2.195M | $2.195M | $10.00K |
YoY Change | 21845.5% | 20603.3% | |
Total Long-Term Liabilities | $2.399M | $2.399M | $480.0K |
YoY Change | 399.86% | 395.36% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $22.18M | $22.18M | $10.28M |
Total Long-Term Liabilities | $2.399M | $2.399M | $480.0K |
Total Liabilities | $24.52M | $24.52M | $10.73M |
YoY Change | 128.54% | 128.64% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.48M | -$18.34M | |
YoY Change | 28.06% | ||
Common Stock | $20.00 | $18.00 | |
YoY Change | 11.11% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.710M | $5.710M | -$2.730M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $30.23M | $30.23M | $7.990M |
YoY Change | 278.39% | 278.36% |
Cashflow Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.146M | -$5.146M | -$6.661M |
YoY Change | -22.74% | -22.74% | -17.15% |
Depreciation, Depletion And Amortization | $1.023M | $1.333M | $240.0K |
YoY Change | 326.37% | 204.9% | 100.0% |
Cash From Operating Activities | -$6.276M | -$7.161M | -$1.510M |
YoY Change | 315.62% | 73.9% | -41.47% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.024M | $1.589M | $690.0K |
YoY Change | 48.45% | 39.47% | 213.64% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$3.000M | -$3.000M | |
YoY Change | |||
Cash From Investing Activities | -$4.024M | -$4.589M | -$690.0K |
YoY Change | 483.24% | 302.85% | 213.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $15.54M | $15.54M | $300.0K |
YoY Change | 5081.25% | 5081.25% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 14.70M | 15.53M | 870.0K |
YoY Change | 1589.36% | 190.15% | -11.22% |
NET CHANGE | |||
Cash From Operating Activities | -6.276M | -7.161M | -1.510M |
Cash From Investing Activities | -4.024M | -4.589M | -690.0K |
Cash From Financing Activities | 14.70M | 15.53M | 870.0K |
Net Change In Cash | 4.397M | 3.780M | -1.330M |
YoY Change | -430.62% | 3863.31% | -26.92% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.276M | -$7.161M | -$1.510M |
Capital Expenditures | $1.024M | $1.589M | $690.0K |
Free Cash Flow | -$7.300M | -$8.749M | -$2.200M |
YoY Change | 231.83% | 66.44% | -21.43% |
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NetIncomeLoss
|
-6660946 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8039904 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-5162454 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-6701203 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-8167154 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-15055 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-108688 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-66023 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-5177509 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-6809891 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-8233177 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-13552 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-37192 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-127339 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5163957 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6772699 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8105838 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48825956 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
41667600 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38402000 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5001684 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
8426 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1973454 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-8167154 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-66023 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1249613 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
2920800 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
750000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
300000 | usd |
CY2022 | wbuy |
Stock Issued During Period Value Disposal Of A Subsidiary Note
StockIssuedDuringPeriodValueDisposalOfASubsidiaryNote
|
46063 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1266892 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-6701203 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-108688 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2775749 | usd |
CY2023 | wbuy |
Stock Issued During Period Value Issuance Of Ordinary Shares For The Initial Public Offering Ipo
StockIssuedDuringPeriodValueIssuanceOfOrdinarySharesForTheInitialPublicOfferingIPO
|
13608985 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-5162454 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-15055 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5655727 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-5162454 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-6701203 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-8167154 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
591321 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
314023 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
87723 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
742030 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
123289 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
90345 | usd |
CY2022 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
825153 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
520555 | usd |
CY2022 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
44827 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1266890 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1973454 | usd |
CY2023 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
128266 | usd |
CY2022 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
191385 | usd |
CY2021 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
249749 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-368954 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
385598 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
381945 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8109852 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2625580 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
104 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4782202 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
80092 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
48753 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-295416 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-177779 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-233903 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5564165 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3689193 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1078955 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
823874 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
657938 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
484115 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
2457509 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
415288 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
811543 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-7288 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-24979 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
61003 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7160538 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4117551 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3994972 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
890377 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
853049 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
459198 | usd |
CY2023 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
698282 | usd |
CY2022 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
286009 | usd |
CY2021 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
156570 | usd |
CY2023 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
3000000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4588659 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1139058 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-615768 | usd |
CY2022 | wbuy |
Paymentto Disposal Of Subsidiaries
PaymenttoDisposalOfSubsidiaries
|
8867 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15543750 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
300000 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1489200 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
3333200 | usd |
CY2022 | wbuy |
Proceeds From Issuance Of Safe Note
ProceedsFromIssuanceOfSAFENote
|
750000 | usd |
CY2021 | wbuy |
Increase In Investment In Subsidiary
IncreaseInInvestmentInSubsidiary
|
-8426 | usd |
CY2022 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
1923179 | usd |
CY2021 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
1004978 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1503945 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
945528 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
44464 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
15529005 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5351984 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
968940 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
59576 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-80259 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-74893 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3839384 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
15116 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3716693 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1554464 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1539348 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5256041 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5393848 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1554464 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1539348 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
294140 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
283521 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
25992 | usd |
CY2022 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
2920800 | usd |
CY2022 | wbuy |
Conversion Of Safe Note Into Ordinary Shares
ConversionOfSAFENoteIntoOrdinaryShares
|
750000 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Use of estimates</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with US GAAP requires management of the Company to make a number of estimates and assumptions relating to the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant accounting estimates reflected in the Company’s consolidated financial statements include but are not limited to estimates and judgments applied in the allowance for receivables, accounting for share-based compensation arrangements, estimated useful lives of leasehold improvements and equipment, impairment of long-lived assets, and going concern. Actual results could differ from those estimates and judgments.</p> | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Governments Rights To Plan Assets In Event Of Plan Termination Amount
DefinedBenefitPlanGovernmentsRightsToPlanAssetsInEventOfPlanTerminationAmount
|
4610723 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Governments Rights To Plan Assets In Event Of Plan Termination Amount
DefinedBenefitPlanGovernmentsRightsToPlanAssetsInEventOfPlanTerminationAmount
|
1221685 | usd |
CY2023Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
520555 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1270000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1970000 | usd |
CY2023 | wbuy |
Leasehold Improvements And Equipment Policy Textblock
LeaseholdImprovementsAndEquipmentPolicyTextblock
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Leasehold improvements and equipment, net</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Leasehold improvements and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Cost represents the purchase price of the asset and other costs incurred to bring the asset into its existing use. Maintenance and repairs are charged to expense; major additions to physical properties are capitalized.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation of leasehold improvements is provided using the straight-line method over the shorter of the remaining lease term or their estimated useful lives. Except for leasehold improvements, depreciation of equipment is computed using the straight-line method over the estimated useful lives of the assets with no residual value. The estimated useful lives are as follows:</p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; "> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Useful life</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left">Motor vehicles</td><td style="width: 1%"> </td> <td style="width: 11%; text-align: center">5 – 10 years</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Office equipment</td><td> </td> <td style="text-align: center">2 – 8 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Furniture and fittings</td><td> </td> <td style="text-align: center">5 years</td></tr> <tr style="vertical-align: bottom; "> <td>Computer</td><td> </td> <td style="text-align: center">3 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Warehouse equipment</td><td> </td> <td style="text-align: center">2 years</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Machinery equipment</td><td> </td> <td style="text-align: center">3 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Leasehold improvements</td><td> </td> <td style="text-align: center">5 years</td></tr> </table> | |
CY2023 | us-gaap |
Revenues
Revenues
|
61686170 | usd |
CY2023 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2022 | us-gaap |
Revenues
Revenues
|
44560418 | usd |
CY2022 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2023 | wbuy |
Safe Notes Payable Policy Textblock
SAFENotesPayablePolicyTextblock
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>SAFE Notes Payable</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates the Simple Agreement for Future Equity (“SAFE”) notes in accordance with ASC 480-10 and determined that the SAFEs represented an obligation that the Company must settle by issuing a variable number of its equity shares, the monetary value of which is known when entering into the SAFE. This provision requires the SAFE notes to be classified as marked-to-market liabilities. The SAFE notes are recorded as a liability at their estimated fair value.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p> | |
CY2023 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1007494859990 | usd |
CY2022 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
484115 | usd |
CY2023 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.76 | pure |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.24 | pure |
CY2023 | wbuy |
Product Service Type
ProductServiceType
|
61686170 | usd |
CY2023 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2022 | wbuy |
Product Service Type
ProductServiceType
|
44560418 | usd |
CY2022 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2021 | wbuy |
Product Service Type
ProductServiceType
|
22295682 | usd |
CY2021 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2021 | us-gaap |
Revenues
Revenues
|
22295682 | usd |
CY2021 | wbuy |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
1 | pure |
CY2023 | wbuy |
Related Parties Policy Textvkicj
RelatedPartiesPolicyTextvkicj
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Related Parties</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows ASC 850,<i> “Related Party Disclosures,” </i>for the identification of related parties and disclosure of related party transactions and balances.</p> | |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
10631787 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
2568183 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
520555 | usd |
CY2023Q4 | wbuy |
Account Receivables Exchange Rate Difference
AccountReceivablesExchangeRateDifference
|
1406 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
10112638 | usd |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2568183 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1247942 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
418642 | usd |
CY2023Q4 | wbuy |
Advance To Supplier
AdvanceToSupplier
|
2349615 | usd |
CY2022Q4 | wbuy |
Advance To Supplier
AdvanceToSupplier
|
3731 | usd |
CY2023Q4 | us-gaap |
Deposit Assets
DepositAssets
|
1107788 | usd |
CY2022Q4 | us-gaap |
Deposit Assets
DepositAssets
|
123012 | usd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
1326729 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
792034 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6032074 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1337419 | usd |
CY2023Q4 | us-gaap |
Earnest Money Deposits
EarnestMoneyDeposits
|
500000 | usd |
CY2023Q4 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
3000000 | usd |
CY2023Q4 | us-gaap |
Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
|
0.03 | pure |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1338983 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
692863 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
442444 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
269230 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
896539 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
423633 | usd |
CY2023 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
742030 | usd |
CY2022 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
123289 | usd |
CY2021 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
90345 | usd |
CY2023 | us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
698282 | usd |
CY2022 | us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
286009 | usd |
CY2021 | us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
156570 | usd |
CY2023Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
281875 | usd |
CY2022Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
325331 | usd |
CY2021Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
65683 | usd |
CY2023 | us-gaap |
Payments For Rent
PaymentsForRent
|
3900000 | usd |
CY2023Q4 | wbuy |
Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
|
3648367 | usd |
CY2022Q4 | wbuy |
Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
|
483401 | usd |
CY2023Q4 | wbuy |
Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
|
957846 | usd |
CY2022Q4 | wbuy |
Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
|
440689 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2690521 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
42712 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
114694 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
283521 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
249749 | usd |
CY2023 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
246489 | usd |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
362665 | usd |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
112796 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
361183 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
646186 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
362545 | usd |
CY2023 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
295416 | usd |
CY2022 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
177779 | usd |
CY2021 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
233903 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3045610 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
61022 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
138339 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y14D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y3M29D | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y10M24D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.06 | pure |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.05 | pure |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
854888 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
768781 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
703306 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
717507 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
215252 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
3259734 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
356228 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2903506 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
708953 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2194553 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2273242 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1348090 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-1022062 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-415091 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1251180 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
932999 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
591321 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
314023 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
87723 | usd |
CY2023 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
890377 | usd |
CY2022 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
853049 | usd |
CY2021 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
459198 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
674949 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
474033 | usd |
CY2023Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
3434075 | usd |
CY2022Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
188069 | usd |
CY2023Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
2001714 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
1066690 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
6110738 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1728792 | usd |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
717193 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
2084827 | usd |
CY2023Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
512435 | usd |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
1611069 | usd |
CY2023Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
204758 | usd |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
473758 | usd |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
241890 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
237505 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
25992 | usd |
CY2021Q3 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
1000000 | usd |
CY2021Q3 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.06 | pure |
CY2022Q1 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
1500000 | usd |
CY2022Q1 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.06 | pure |
CY2022Q4 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
200000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0 | pure |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
55681 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
55681 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
55681 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
50024 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
42143 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
24584 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
283794 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
35026 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
248768 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
44010 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
204758 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
25336 | usd |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
68786 | usd |
CY2020Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
7783 | usd |
CY2022 | wbuy |
Advances For Operation And Administration Expenses
AdvancesForOperationAndAdministrationExpenses
|
13724 | usd |
CY2021 | wbuy |
Advances For Operation And Administration Expenses
AdvancesForOperationAndAdministrationExpenses
|
1671801 | usd |
CY2022 | wbuy |
Payments Made To A Director
PaymentsMadeToADirector
|
-25009 | usd |
CY2021 | wbuy |
Payments Made To A Director
PaymentsMadeToADirector
|
-1610798 | usd |
CY2022 | wbuy |
Reversal Of A Related Party Payable Due To Disposal Of A Subsidiary
ReversalOfARelatedPartyPayableDueToDisposalOfASubsidiary
|
-32165 | usd |
CY2023 | us-gaap |
Exchange Fees
ExchangeFees
|
593 | usd |
CY2023Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
25929 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
25336 | usd |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
68786 | usd |
CY2023Q4 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
25929 | usd |
CY2022Q4 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
25336 | usd |
CY2022Q4 | us-gaap |
Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
|
3333200 | usd |
CY2022Q3 | us-gaap |
Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
|
2920800 | usd |
CY2022Q3 | wbuy |
Number Of Ordinary Shares
NumberOfOrdinaryShares
|
400 | shares |
CY2023 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1040000 | shares |
CY2023Q4 | us-gaap |
Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
|
1489200 | usd |
CY2023 | us-gaap |
Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
|
0.10 | pure |
CY2023Q4 | us-gaap |
Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
|
0.10 | pure |
CY2022 | wbuy |
Proceeds From Issuance Of Safe Note
ProceedsFromIssuanceOfSAFENote
|
750000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
533000 | shares |
CY2023 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
the shareholders of the Company approved a 1 for 2,600 share forward split of the Company’s authorized and issued ordinary shares whereby every 1 share was split into 2,600 shares | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
260000000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.000000385 | |
CY2022Q3 | wbuy |
Number Of Ordinary Shares
NumberOfOrdinaryShares
|
400 | shares |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
205 | shares |
CY2022Q3 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
533000 | shares |
CY2022Q3 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
300000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Other Shares
StockholdersEquityOtherShares
|
1340 | shares |
CY2022 | wbuy |
Number Of Ordinary Shares
NumberOfOrdinaryShares
|
18466 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Splits
StockIssuedDuringPeriodSharesStockSplits
|
48011600 | shares |
CY2023 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
15200000 | usd |
CY2023Q4 | us-gaap |
Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
|
570000 | shares |
CY2023Q4 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
1528800 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
52381600 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
52381600 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
1642 | shares |
CY2023Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
3240344 | usd |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P20M | |
CY2022Q2 | us-gaap |
Equity Ownership Percentage Excluding Consolidated Entity And Equity Method Investee
EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee
|
1 | pure |
CY2022Q4 | us-gaap |
Disposal Group Deferred Gain On Disposal
DisposalGroupDeferredGainOnDisposal
|
42150 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-5162454 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-6701203 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-8167154 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.17 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.17 | pure |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-877617 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1139205 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1388416 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
51540 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-63730 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-48323 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
302956 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
537800 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
34595 | usd |
CY2021 | wbuy |
Singapore Tax Exemption Or Nontaxable Income
SingaporeTaxExemptionOrNontaxableIncome
|
7159 | usd |
CY2023 | wbuy |
Income Tax Reconciliation Unrecognized Deferred Tax Asset
IncomeTaxReconciliationUnrecognizedDeferredTaxAsset
|
523121 | usd |
CY2022 | wbuy |
Income Tax Reconciliation Unrecognized Deferred Tax Asset
IncomeTaxReconciliationUnrecognizedDeferredTaxAsset
|
665135 | usd |
CY2021 | wbuy |
Income Tax Reconciliation Unrecognized Deferred Tax Asset
IncomeTaxReconciliationUnrecognizedDeferredTaxAsset
|
1409303 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
10358050 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4348685 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1760869 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1408101 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1760869 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1408101 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8596330 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8599651 | usd |
CY2021Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8569992 | usd |
CY2023 | wbuy |
Percentage Of Wages
PercentageOfWages
|
0.40 | pure |
CY2023 | us-gaap |
Payments To Employees
PaymentsToEmployees
|
10000 | sgd |
CY2023 | us-gaap |
Payments To Employees
PaymentsToEmployees
|
7200 | usd |
CY2023 | wbuy |
Percentage Of Outof Pocket Expenses
PercentageOfOutofPocketExpenses
|
0.90 | pure |
CY2023 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
50537 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
159000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit Continuing Operations Government Grants
IncomeTaxExpenseBenefitContinuingOperationsGovernmentGrants
|
59000 | usd |
CY2023 | dei |
Document Accounting Standard
DocumentAccountingStandard
|
U.S. GAAP | |
CY2022Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2023 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
usd | |
CY2021 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.16 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
38402000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
41667600 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48825956 | shares |
CY2022 | wbuy |
Stock Issued During Period Value Issuance Of Ordinary Shares To Webuy Global Ltds Shareholders
StockIssuedDuringPeriodValueIssuanceOfOrdinarySharesToWebuyGlobalLtdsShareholders
|
usd | |
CY2023 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
usd | |
CY2021 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2023 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
usd | |
CY2021 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
usd | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
usd | |
CY2023 | wbuy |
Paymentto Disposal Of Subsidiaries
PaymenttoDisposalOfSubsidiaries
|
usd | |
CY2021 | wbuy |
Paymentto Disposal Of Subsidiaries
PaymenttoDisposalOfSubsidiaries
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2021 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | |
CY2023 | wbuy |
Proceeds From Issuance Of Safe Note
ProceedsFromIssuanceOfSAFENote
|
usd | |
CY2021 | wbuy |
Proceeds From Issuance Of Safe Note
ProceedsFromIssuanceOfSAFENote
|
usd | |
CY2023 | wbuy |
Increase In Investment In Subsidiary
IncreaseInInvestmentInSubsidiary
|
usd | |
CY2022 | wbuy |
Increase In Investment In Subsidiary
IncreaseInInvestmentInSubsidiary
|
usd | |
CY2023 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
usd | |
CY2022 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
usd | |
CY2021 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
usd | |
CY2023 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
usd | |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2023 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
usd | |
CY2021 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
usd | |
CY2023 | wbuy |
Conversion Of Safe Note Into Ordinary Shares
ConversionOfSAFENoteIntoOrdinaryShares
|
usd | |
CY2021 | wbuy |
Conversion Of Safe Note Into Ordinary Shares
ConversionOfSAFENoteIntoOrdinaryShares
|
usd | |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
usd | |
CY2021 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
usd | |
CY2023Q4 | us-gaap |
Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#FinanceLeaseLiability | |
CY2023 | wbuy |
Advances For Operation And Administration Expenses
AdvancesForOperationAndAdministrationExpenses
|
usd | |
CY2023 | wbuy |
Payments Made To A Director
PaymentsMadeToADirector
|
usd | |
CY2023 | wbuy |
Reversal Of A Related Party Payable Due To Disposal Of A Subsidiary
ReversalOfARelatedPartyPayableDueToDisposalOfASubsidiary
|
usd | |
CY2021 | wbuy |
Reversal Of A Related Party Payable Due To Disposal Of A Subsidiary
ReversalOfARelatedPartyPayableDueToDisposalOfASubsidiary
|
usd | |
CY2022 | us-gaap |
Exchange Fees
ExchangeFees
|
usd | |
CY2021 | us-gaap |
Exchange Fees
ExchangeFees
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001946703 |