Webuy Global Reports Revenue Of $28.2M For Six Months Ended Jun. 30, Up 15.4% YoY, Gross Profit $2.6M, Up 253%
Portfolio Pulse from Benzinga Newsdesk
Webuy Global reported a revenue increase of 15.4% year-over-year to $28.2 million for the six months ending June 30. The company's gross profit surged by 253% to $2.6 million.
September 17, 2024 | 12:02 pm
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Webuy Global's financial performance for the first half of the year shows a significant increase in both revenue and gross profit, indicating strong business growth.
The reported 15.4% increase in revenue and a substantial 253% rise in gross profit suggest strong operational performance and potential for future growth, likely leading to positive investor sentiment and a short-term stock price increase.
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