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Sowei 2025-01-12
Singapore, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (the “Company”), a Southeast Asian community-oriented e-commerce retailor with a focus on grocery and travel, today announced the closing of its previously announced registered direct offering with certain institutional investors for the sale and purchase of an aggregate of 21,013,239 of the Company’s Class A ordinary shares, par value $0.000000385 per share (the “Shares”) (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The purchase price for the pre-funded warrants is $0.1755 to the purchase price for Shares, less the exercise price of $0.0001 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.7 million, before deducting the placement agent’s fees and other estimated offering expenses. D. Boral Capital LLC acted as the exclusive placement agent for the offering. Ortoli Rosenstadt LLP acted as counsel to the Company and Hunter Taubman Fischer & Li LLC acted as counsel to D. Boral Capital LLC. The proposed offering of the securities described above is being offered by the Company pursuant to a “shelf” registration statement on Form F-3 (File No. 333-283356) filed by the Company with the U.S. Securities and Exchange Commission (“SEC”) and declared effective by the SEC on December 3, 2024, and the accompanying prospectus contained therein. The offering was made only by means of a prospectus supplement and accompanying prospectus. The prospectus supplement describing the terms of the public offering was filed with the SEC. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained on the SEC’s website at http://www.sec.gov or by contacting D. Boral Capital LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at syndicate@dboralcapital.com , or by telephone at +1 (212) 970-5150. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Webuy Global Ltd Webuy Global Ltd. (Nasdaq: WBUY) is a forward-thinking, technology-driven company aimed at becoming the leading e-commerce and travel platform in Southeast Asia. Leveraging advanced AI technologies, the Company enhances its 'group buy' model by providing personalized recommendations, predictive demand analytics, and seamless community interactions. In addition, Webuy integrates AI-powered travel solutions, such as its proprietary AI Travel Consultant, to deliver personalized itineraries, group travel planning, and real-time support. These innovations streamline the traditional supply chain, foster a community-driven shopping experience, and simplify travel planning for its users. Webuy is committed to improving the lives of millions of families in Southeast Asia with high-quality, affordable products, services, and travel experiences. For more information, visit http://webuy.global Forward-Looking Statements This press release contains forward-looking statements regarding the Company’s current expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties described more fully in the Company’s filings with the SEC. Forward-looking statements are made as of this date, and the Company undertakes no duty to update them, except as required by law.Despite having experienced snow before, a dog's priceless reaction to a Montana winter became social media gold, bringing in over 3.5 million views within a week. The dog's owner and her mother took 2-year-old Lady outside to play in a November 27 TikTok video posted by user @slatermama. Lady is no stranger to snow after living in Kentucky. However, that doesn't mean she's a fan, and since Montana usually gets significantly more snow than the Bluegrass State, Lady was in for a rude awakening during her first winter there. "My daughter moved home to Montana and Lady does NOT like the weather," the mother told Newsweek via TikTok. "She refused to go outside even when it was nice." Lady had good weather when they moved in October. It was about 75 degrees, but even that was not Lady's ideal weather. And now, with the snow sticking, her frustration level has increased. In the clip, Lady sported a plaid jacket and doggy booties to protect her from the snow. She proceeded to the stairs but paused and intensely sniffed the snow. She couldn't believe this wintry mix had followed her to her new home. Someone then dared to ask if she was going to play. She whipped her head back and shot her family a death glare: Absolutely not. The text on the clip reads: "When a Kentucky dog moves to Montana." Lady knew there was no other option if she wanted to play outside. Swallowing her pride, she walked down the stairs and tested her snow boots. She eventually got the hang of it and took off running, with her booties flying off. If she was going to be in the snow, she at least wanted to be comfortable without the shoes. "I am excited to see how she reacts to the big snows we always get in Montana and some different booties that might stay on," the mother said. Viewers couldn't stop cracking up over the dog's reaction to snow. Within a week, the TikTok clip has amassed over 735,100 likes and 2,081 comments. "She, in fact, did NOT wanna go play," pointed out one user, while another joked: "She blamed you for the snow." A second person wrote: "She looked at you like 'Not funny mom.'" Another added: "She cussed at you when she looked back." Lady isn't the only dog to protest winter weather. Several other users shared similar stories of their dogs wanting absolutely nothing to do with the cold after moving from warm-weather states like Hawaii and Arizona. Do you have funny and adorable videos or pictures of your pet you want to share? Send them to life@newsweek.com with some details about your best friend and they could appear in our Pet of the Week lineup.fortune gems tricks

In a blink and you'll miss it moment at The Game Awards, SEGA announced that Yakuza studio Ryu Ga Gotoku Studio is working on a Virtua Fighter game. It was then revealed that the game in question is Virtua Fighter 5 REVO, which is coming to Steam on January 27, 2025. While it's not exactly a long wait, the good news for retro gaming fans is that you can actually try it for yourself by playing the open beta this weekend. However, in order to participate in the open beta on Steam, players will need to send a request to SEGA. If you want to take part in the open beta, simply visit the Virtua Fighter 5 Steam page, scroll down the page and click 'Request Access'. The developer will send you an email to notify you when they're ready to accept more participants. The beta runs until 5am GMT on the morning of December 17. If you enjoy the game and want to pre-order ahead of launch, there are multiple editions available to purchase. The regular version is available for just £12.79, which represents a 20% saving on the launch price. All pre-order customers will receive additional customisation items modelled after the SEGA Mega Drive, Saturn and Dreamcast. There's also a 30th Anniversary Edition, which is priced at £31.99 until January 27. The 30th Anniversary bundle contains the full game, as well as the Swimsuit Costume Set, the Sound Collection, artwork, the DLC Legendary Pack and "Ryu ga Gotoku" series Collaboration Pack, as well as the Anniversary Edition Special Title and Wallpaper Set. Described as the "Ultimate Edition" of the popular fighting game, REVO adds Rollback Netcode support for smooth online play, as well as 4K visuals with new and improved high-resolution textures. It features 19 playable characters, each with their own unique fighting styles and customisation options. According to the gameplay trailer above, this includes new balance changes and the return of popular moves and techniques from the past. Modes include Rank Match, Arcade, Training, and Versus, as well as brand new 16-person online modes like Tournaments and League play.

Red Sox acquire reliever Jovani Morán from Twins for utility player Mickey GasperMiddle East latest: Israeli strikes on Gaza hospital wound 3, Netanyahu vows 'iron fist' in Lebanon

Dutch police identified 424 suspects with facial recognition last yearTrump vows to block Japanese steelmaker from buying U.S. SteelThe Memphis Grizzlies face the Chicago Bulls in a regular season game on Saturday, Nov. 23, 2024 (11/23/24) at United Center in Chicago. How to watch: Fans can watch the game for free via a trial of DirecTV Stream or fuboTV . You can also watch via a subscription to Sling TV , which is offering half off your first month. Here’s what you need to know: What : NBA regular season Who : Grizzlies vs. Bulls When : Saturday, Nov. 23 (11/23/24) Time : 8 p.m. ET Where : United Center TV : NBA TV Live stream : DirecTV Stream (free trial), fuboTV (free trial) *** Here’s an NBA story via the Associated Press: MILWAUKEE (AP) — Doc Rivers got emotional Wednesday when speaking about Bob Love, the former Chicago Bulls star forward and three-time All-Star who died Monday at the age of 81 after a long battle with cancer. Love, who spent 11 years in the NBA, forged a special bond with Rivers when the Milwaukee Bucks coach was a teenager growing up in Chicago. “He was a big guy in my life,” Rivers said before the Bucks game against the Bulls in Milwaukee on Wednesday night, his voice breaking. “Really an impressive guy. People remember Bob from basketball and I really don’t. He was a great basketball player but I met him when I was young, in high school.” Rivers said he first encountered Love at a park in Chicago and took note of Love’s severe stuttering problem. “I remember him talking to me and really struggling,” Rivers said. “I thought how courageous that was. That an NBA player would speak to a bunch of kids at a park. It was just so impressive to me.” A relationship between Rivers and Love took root. “For whatever reason, Bob took a liking to me,” Rivers said. “He would give me his shoes. Just a powerful guy. A tough guy. I think he epitomized Chicago in a lot of ways with his toughness and how we grew up.” Rivers said other young Chicago basketball players at that time, including Mark Aguirre and Hall of Famer Isiah Thomas, also took a liking to Love. “Bob was our guy and I think we all took that toughness from him,” Rivers said. He noted that Love, who was an All-Star for three straight seasons from 1970-73 and averaged a team-high and career-best 25.8 points during the 1971-72 season, struggled after his basketball career but was able to overcome one of his biggest challenges after he left the game. “He conquered the hardest thing that he could conquer and that was his stuttering problem,” Rivers said. Rivers, getting emotional again, said he wanted Love, whose No. 10 jersey hangs in the rafters at the United Center, to be remembered, and not just for what he accomplished on the court. “I think we should take note of guys like that because I thought he meant so much to kids,” Rivers said. “He epitomized not only toughness as a player but just with the stuff he went through in life.” (The Associated Press contributed to this report) Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription.

Is Enron back? If it's a joke, some former employees aren't laughing(BPT) - Consumers are facing increasing costs on virtually every purchase these days and auto insurance is no exception. While skyrocketing costs of this auto-related expense can be attributed to everything from parts replacement to service — even health costs as a result of accidents — consumers can better manage these increases with thoughtful study and attention to detail. Some of the common causes for higher insurance rates are Inflation, car accidents, extreme weather conditions such as hail, hurricanes and wind, along with increased vehicle theft claims. has partnered with financial literacy influencer Sam Jarman to highlight specific ways consumers can address these rising costs. "Your car is the second biggest expense for most people, right behind your home, and car insurance is a big part of that," said Jarman. "Checking rates and coverage with your Mercury Insurance agent makes sense along with choosing a car with low maintenance costs." According to Consumer Price Index data released earlier this year, car insurance rates are up almost 21% year-over-year for the 12 months which ended in February. The last time car insurance rates rose that much on an annual basis was 1976. Here are some auto insurance statistics recently released from : "Our goal is to help our customers get the best rates possible because we know that every dollar counts." said Justin Yoshizawa, Director, Product Management, State. "We encourage consumers to build a close relationship with their agent and discuss what discounts they may be eligible to receive. The answer might be surprising." Mercury offers the following tips for lowering your insurance costs: – It is recommended that you review your coverage and deductible with your Mercury agent at least once a year. Their wisdom and experience can help you make wise decisions regarding your insurance. – In addition to bundling your home and auto insurance, Mercury offers discounts for multi-car, good drivers, good students and auto pay. Your agent may have additional discounts to offer. – Most insurers offer discounts for customers who install telematics. This technology allows your insurance company to collect information regarding your mileage and driving habits. This can also provide valuable information regarding your driving as well as saving you money. – According to , some of the cheapest cars to insure are the Subaru Outback, Honda CR-V and Honda Pilot. Also, look for cars with lower repair costs such as the Toyota Corolla, Toyota Prius and Tesla Model 3. Doing some research before you purchase a vehicle can save you money over the length of ownership. – Drivers may receive an additional discount on your auto insurance if you install an anti-theft device on your car. – You can get a fast and easy quote from your Mercury Insurance agent. To receive a quote, you can reach us at 844-514-2893. To learn more about common types of auto insurance discounts, visit . For more information on your auto insurance, you can reference the .New Before It Was New: Carolina's Shayne Gostisbehere Was A Pioneer For The Modern Defenseman

Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Officer kills pet dog mistaken for a coyote in Massachusetts town. The owner says it was unnecessary An animal control officer shot and killed a pet dog in a Massachusetts town after mistaking it for a coyote in an incident local police are describing as a sad mix-up. Police in Northbridge, Massachusetts, say the shooting happened on Tuesday after police received a call of a report of a coyote in a residential backyard. Police say the animal control officer went into the woods to look for the coyote and found what they thought was the animal in a threatening position and shot it. The incident happened as communities around Massachusetts and the country have dealt with an uptick in interactions between coyotes and people. Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City.Telecom gear sales under PLI scheme top ₹68,700 cr: DoT secretary Neeraj Mittal

Electric vehicles ( EVs ) aim to transform transportation. However, like any groundbreaking technology, EV batteries have hurdles to overcome before EVs become widely adopted. Some common criticisms of EVs center around their long charging times and shorter driving range compared to gas-powered vehicles. That's where QuantumScape ( QS 2.38% ) comes in. The company is dedicated to engineering batteries that overcome the obstacles current lithium-ion batteries face and make EVs more appealing to consumers. Earlier this year, QuantumScape made headlines with excellent results during an endurance test of its battery. It has also secured funding to extend its runway and recently hit a significant milestone with the shipment of its B-sample cells for further testing. QuantumScape is making progress, but the stock is 96% below its peak price from four years ago and near an all-time low. While its low price may make it seem appealing, there are some things you should know if you're considering scooping up the stock today. It's looking to solve some big EV challenges QuantumScape aims to revolutionize battery technology and address several obstacles that have hindered the widespread adoption of EVs. Its cutting-edge solid-state lithium-metal batteries promise to make important advancements in several key areas : increased energy density, quicker charging times, and superior safety measures when compared to traditional battery systems. The company had established a strategic partnership with Volkswagen . Earlier this year, Volkswagen's battery division, PowerCo, tested QuantumScape's solid-state batteries and reported stellar results, achieving 1,000 charging cycles, with the battery cells showing minimal wear signs. This indicates that an electric vehicle equipped with their technology could potentially cover over 500,000 kilometers without experiencing a noticeable decrease in range. Its battery technology is undergoing rigorous testing Last month, QuantumScape stock surged higher after it announced it was producing and shipping out low volumes of its B-sample cells . The company says this was its most important goal for 2024, and it began shipping these cells to its automotive customers for extensive testing. This testing by automakers will take months to complete. This is part of a three-step process, involving A, B, and C prototype cells to undergo internal and customer testing before the commercial production of its product, QSE-5. Ultimately, the company looks to validate that its technology enables EVs to drive further, charge faster, and operate more safely than those in the market today. Keep an eye on its cash burn QuantumScape's battery technology is coming along, but the company is pre-revenue and continues to burn cash in the meantime. Through the first nine months of this year, QuantumScape has an operating loss of $397 million, up from its operating loss of $354 million last year through the same period. QS Cash from Operations (Quarterly) data by YCharts To help with cash flow, QuantumScape agreed to grant PowerCo the license to mass produce battery cells based on QuantumScape's technology. Under the license, PowerCo can manufacture up to 40 gigawatt-hours (GWh) per year, with the option to double this production to 80 GWh. This would be enough to power roughly 1 million vehicles per year. Is QuantumScape a buy today? QuantumScape's agreement with PowerCo extends QuantumScape's cash runway by 18 months to 2028 , thanks to a $130 million prepayment of royalties from PowerCo. It also allows the company to take a capital-light approach and reach its gigawatt-hour scale faster under its prior agreement. However, QuantumScape continues to burn cash today, and several steps need to happen before its batteries can be manufactured at scale and commercialized. Not only that, but according to the four analysts covering the company, it won't be until 2029 that QuantumScape generates positive net income. In the meantime, its stock price will be driven by its progress with its B-samples and further prototype development. For these reasons, investing in the up-and-coming battery technology company is highly speculative and risky, and most investors are best off watching this one from the sidelines for now.Titans S Julius Wood suspended 6 games for PEDsA Tennessee man is convicted of killing 2 at a high school basketball game in 2021

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The NFL suspended Tennessee Titans safety Julius Wood six games on Tuesday for violating the policy on performing-enhancing substances. There are five games remaining this season for the Titans (3-9), so Wood's suspension will bleed into Week 1 of 2025. Wood, 23, went undrafted this spring and signed with the Dallas Cowboys as a free agent. They waived him in August, and he caught on with the Titans, who claimed him off waivers. Wood appeared in nine games, almost exclusively on special teams, and has recorded two tackles. --Field Level Media

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