WBUY WeBuy Global Ltd

Exhibit 99.1

 

Results of Operations

 

The following table sets forth certain operational data for the six months ended June 30, 2024 and 2023:

 

		Periods Ended June 30,
		2024				2023
		USD				USD
Revenues		$	28,154,803			$	24,400,212
Cost of revenues			(25,579,175	)			(23,670,573	)
Gross profit			2,575,628				729,639
Operating expenses
Selling and distribution expenses			(1,628,765	)			(1,320,943	)
General administrative expenses			(3,964,173	)			(3,063,978	)
Loss from operations			(3,017,310	)			(3,655,282	)
Other income
Other income			156,325				69,243
Finance costs			(79,543	)			(87,945	)
Total other income (expense), net			76,782				(18,702	)
Loss before income taxes			(2,940,528	)			(3,673,984	)
Income tax expense			-				-
Net Loss		$	(2,940,528	)		$	(3,673,984	)

 

Revenues

 

For the six months ended June 30, 2024 and 2023, we derived our revenues primarily from the sales of groceries through our online platform, the Webuy mobile App and the sale of packaged tour. Our breakdown of revenues in terms revenue stream and geographical locations for the six months ended June 30, 2024 and 2023, respectively, is summarized below:

 

		Periods Ended June 30,																Change
		2024				%				2023				%				(%)
		USD								USD
Sales of groceries - Singapore		$	4,793,482				17.03			$	5,377,119				22.04				(10.9	)
Sales of groceries - Indonesia			17,312,921				61.49				13,656,946				55.97				26.8
Packaged-tour - Singapore			5,727,466				20.34				5,366,147				21.99				6.7
Packaged-tour - Indonesia			313,218				1.11				-				-				100.0
Insurance referral - Singapore			7,716				0.03				-				-				100.0
Total revenues		$	28,154,803				100.00			$	24,400,212				100.00				15.4

 

Total revenue increased by approximately $3.75 million or 15.4% increase in revenue, totaling $28.15 million for the first half of 2024, compared to the same period last year. The revenue growth was primarily driven by a 26.8% increase in sales of groceries in Indonesia through our platform and a physical retail store was newly opened in Indonesia during the first half of 2024, reaching $17.31 million in revenue for the first half of 2024.

 

The double-digit growth in sales of groceries in Indonesia, evidenced by an increase of $3.66 million in revenue from the previous period, can be attributed primarily to a significant influx of offline bulk purchase orders. This surge underscores the escalating demand for our offerings within the region, highlighting our products’ appeal and the effectiveness of our distribution strategies. The robust increase not only showcases our strong market presence but also aligns with our strategic focus on expanding our footprint and enhancing supply chain efficiencies to cater to the burgeoning needs of the market.

 

 

Cost of revenues

 

Cost of revenue for the six months ended June 30, 2024 and 2023 was approximately $25.58 million and $23.67 million, respectively, representing an increase of 8.1% as a results of increased groceries sales in Indonesia, as well as cost of revenues incurred from our packaged-tour business. The increase in cost of revenues was in line with the increase in revenue. Our cost of revenues consists primarily of changes in inventory, direct labor costs (including salaries and benefits) for employees, sub-contractor fees associated with warehouse operations and packing and handling for grocery sales, including freight and delivery charges, costs for transacting with the principal service providers such as airlines and hotels for our new packaged-tour business and cost incurred for our newly opened retail stores in Indonesia.

 

Our breakdown of cost of revenues for the six months ended June 30, 2024 and 2023, respectively, is summarized below:

 

		Periods Ended June 30,
		2024				2023
		USD				USD
Changes in inventory		$	19,486,448			$	16,635,781
Direct labor			205,815				197,615
Packing and handling			627,535				1,733,386
Direct costs for packaged-tour			5,259,377				5,103,791
Total costs of revenue			25,579,175				23,670,573

 

Gross profit

 

Gross profit for the six months ended June 30, 2024 amounted to approximately $2.58 million as compared to gross profit of approximately $0.73 million for the six months ended June 30, 2023. Gross profit margin was approximately 9.1% and 3.0% for the six months ended June 30, 2024 and 2023, respectively. The increase in gross profit margin was mainly due to our success in growing our Indonesian market to achieve economies of scale by increasing our grocery sales and lowering costs to improve our profitability.

 

Operating Expenses

 

Our operating expenses consist of selling and distribution expenses and general administrative expenses.

 

Selling and distribution expenses

 

Selling and distribution expenses for the six months ended June 30, 2024 and 2023 amounted to approximately $1.63 million and $1.32 million, respectively, representing an increase of approximately $0.31 million or 23.3%.

 

The increase was mainly due to payment gateway fee increased for six months ended June 30, 2024.

 

General administrative expenses

 

General administrative expenses for the six months ended June 30, 2024 and 2023 amounted to approximately $3.96 million and $3.06 million, respectively, representing an increase of approximately $0.90 million or 29.4%. The increase was mainly due to (1) an increase in lease expense of approximately $0.19 million due to the new leases that we entered; (2) an increase in staff costs of approximately $0.19 million due to the increased headcount to expand our business mainly in our travel segment; (3) an increase in amortization of intangible assets of approximately $0.12 million as we acquired certain software and application development system; and (4) an increase in consultancy and professional fees of approximately $0.25 million of operating as a public company since we successfully listed on Nasdaq in October 2023.

  

Total other Income (expense), net

 

Total other income amounted to approximately $0.08 million for the six months ended June 30, 2024, compared with other expense amounted to approximately $0.02 million for the six months ended June 30, 2023. Total other income (expense) mainly comprised of (1) an increase of approximately $0.29 million representing storage fees charged to the third parties with temporary storage needs. We generate this income from renting out our extra storage space; (2) a decrease in the finance costs of approximately $0.008 million which was in line with the decrease in loans borrowed from third parties; and (3) foreign exchange losses transaction gains related to the transacted balances associated with our operations in Indonesia.

 

 

Income Tax Expense

 

We conducted our businesses in Singapore and Indonesia and are subject to tax in these jurisdictions. As a result of its business activities, we file separate tax returns in these countries that are subject to examination by the foreign tax authorities.

 

No provision for income tax expenses as we did not have taxable profits for the six months ended June 30, 2024 and 2023.

 

Net Loss

 

During the six months ended June 30, 2024, we incurred a net loss of approximately $2.94 million, as compared to approximately $3.67 million for the six months ended June 30, 2023. The decrease in net loss is primarily attributable to our improved gross profit margin and other reasons discussed above.

 

Liquidity and Capital Resources 

 

As of June 30, 2024, the Company’s operating losses raise substantial doubt about the Company’s ability to continue as a going concern. In assessing the going concern, management and the Board has considered the following:

 

●

Management expects to see improved cash flows including liquidity and borrowings from future fund-raising activities. The Company’s principal uses of cash have been, and management expects will continue to be, for working capital to support a reasonable increase in our scale of operations as well as for business expansion investments.

 

No assurance can be provided that these additional financings will be available on acceptable terms or at all. If management is unable to execute this plan, there would likely be a material adverse effect on the Company’s business. These consolidated financial statements have been prepared on a going concern basis, which assumes that the Company will be able to continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business.

 

The following table sets forth a summary of our cash flows for the six months ended June 30, 2024 and 2023 indicated:

 

		Periods Ended June 30,
		2024				2023
		USD				USD
Net cash used in operating activities		$	(5,550,605	)		$	(884,672	)
Net cash provided by (used in) investing activities			340,092				(564,333	)
Net cash provided by financing activities			1,698,449				831,606
Net increase/(decrease) in cash and cash equivalents			(3,512,064	)			(617,399	)
Effect of exchange rate changes on balance of cash held in foreign currencies			174,449				(9,673	)
Cash and cash equivalents at the beginning of the period			5,393,848				1,554,464
Cash and cash equivalents at the end of the period		$	2,056,233			$	927,392

 

Cash used in operating activities

 

For the six months ended June 30, 2024, net cash used in operating activities amounted to approximately $5.55 million primarily resulting from the net loss of approximately $2.94 million, adjusted for non-cash items and changes in working capital. Adjustments for non-cash items consist of the expense items for amortization of intangible assets to approximately $0.34 million, depreciation of leasehold improvements and equipment of approximately $0.13 million and the non-cash lease costs of approximately $0.45 million. Changes in working capital included decrease in inventories of approximately $0.22 million, increase in accounts receivables of approximately $(0.06) million, increase in prepaid expenses and other assets of approximately $(5.31) million, a decrease in operating lease liability of approximately $(0.32) million, increase in accounts payable of approximately $1.26 million, increase in deferred revenue of approximately $0.37 million, increase in other current liabilities of approximately $0.30 million.

 

 

For the six months ended June 30, 2023, net cash used in operating activities amounted to approximately $0.88 million primarily resulting from the net loss of approximately $3.67 million, adjusted for non-cash items and changes in working capital. Adjustments for non-cash items consist of the expense items for amortization of intangible assets to approximately $0.23 million, depreciation of leasehold improvements and equipment to approximately $0.08 million. Changes in working capital included increase in inventories of approximately $0.79 million, increase in accounts receivables of approximately $(0.73) million, increase in prepaid expenses and other assets of approximately $(1.79) million, decrease in operating lease liabilities of approximately $(0.11) million, increase in accounts payable of approximately $2.32 million, increase in other current liabilities of approximately $1.72 million and decrease in amount due from/to related parties of approximately $0.02 million.

 

Cash provided by (used in) investing activities

 

For the six months ended June 30, 2024, net cash provided by investing activities amounted to approximately $0.34 million due to the receipt from the collection of a promissory note of $3 million, partially offset by the purchase of leasehold improvements and equipment of approximately $(0.16) million and the purchase of a promissory note of $(2.50) million from a third party.

 

For the six months ended June 30, 2023, net cash used in investing activities amounted to approximately $0.56 million due to the purchase of leasehold improvements and equipment.

 

Cash provided by financing activities

 

For the six months ended June 30, 2024, net cash provided by financing activities amounted to approximately $1.70 million which primarily consisted of net proceeds from the self-underwritten public offering of approximately $2.30 million, partially offset by the repayment of convertible notes of approximately $(0.36) million and the repayment of loan payables of approximately $(0.24) million.

 

For the six months ended June 30, 2023, net cash provided by financing activities amounted to approximately $0.83 million which consists of proceeds from convertible notes of approximately $1.29 million and the repayment of loan payables of approximately $(0.46) million.

 

Inflation

 

Inflation and changing prices have not had a material effect on our business, and we do not expect that inflation or changing prices will materially affect our business in the foreseeable future. However, our management will closely monitor price changes in our industry and continually maintain effective cost control in operations.

 

Off Balance Sheet Arrangements

 

As of June 30, 2024 and December 31, 2023, we have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our shareholders.

 

Critical Accounting Policies and Estimates

 

Revenue recognition

 

The Company adopts Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (ASC Topic 606) for all periods presented. The core principle underlying the revenue recognition of this ASU allows the Company to recognize revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer.

 

To achieve that core principle, the Company applies five-step model to recognize revenue from customer contracts. The five-step model requires the Company to (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the performance obligation is satisfied.

 

 

Product revenues

 

- Performance obligations satisfied at a point in time

 

The Company primarily sells goods through group orders directly through the Company’s mobile application. The Company accounts for the revenues generated from sales on a gross basis as the Company is acting as a principal in these transactions and is responsible for fulfilling the promise to provide the specified goods, which the Company has control of the goods and has the ability to direct the use of goods to obtain substantially all the benefits. Revenues are measured based on the amount of consideration that the Company expects to receive reduced by sales return and discount. In making this determination, the Company also assesses whether the Company is primarily obligated, subject to inventory risk, has latitude in establishing prices, or has met several but not all of these indicators in accordance with ASC 606-10-55-36 through 40. The Company recognizes the sales of goods when the control of the specified goods is transferred to customers which is upon delivery of goods to customers. Revenues also exclude any amounts collected on behalf of the third parties, including sales taxes and indirect taxes.

 

The Company sells goods to customers and the revenues are earned from the cash payment made by customers or customers settle their balances with “Assets”. The Company grants “Assets” upon (i) Cash collected from customers via Webuy mobile APP to top up their e-wallet balance; (ii) Refund to customers’ e-wallet due to order cancellation or products returned from customers; (iii) Commissions payable to Group Leaders for the provision of services to the Company. These “Assets” entitle the holders to offset future purchases. As such, “Assets” are initially recognized and recorded as “Advances from customers” upon the grant and when customers have yet placed the purchase orders to create an underlying sales agreement with the Company. The Company uses the term “Assets” to represent the payment procedures and balances of customers’ user accounts on the Company’s Webuy mobile APP platform.

 

Until “Assets” are used at the time when customers have placed the purchase orders, “Assets” of customers’ user accounts in the Company’s Webuy mobile APP will be reduced; as for the Company’s book-keeping, the Company reclassifies the “Advance from customers” balance to “Deferred revenue”. “Deferred revenue” is a contract liability that the Company is obligated to transfer goods to customers for which the Company has received consideration (or the amount is due) from customers in the form of cash or “Assets”. The balance of “Deferred revenue” represents unfulfilled performance obligations in the sales agreement, i.e. products that have not yet been delivered. Once the related products have been delivered, the amount in “Deferred revenue” account is shifted to a revenue account.

 

The revenue deferred from the year ended December 31, 2023, and 2022 which was recognized as income during the six months ended June 30, 2024 and 2023 was $1,829,730 and $990,981, respectively.

  

Packaged-tour revenue

 

- Performance obligations satisfied at a point in time

 

Within each contract, the Company identify whether it is principal or agent at the performance obligation level. In arrangements where the Company has substantive control over the service before transferring it to the customer and is primarily responsible for integrating the services into the final deliverables, the Company acts as principal. The Company’s revenue on the sale of packaged-tour is reported as a gross basis, that is, the amounts billed to the customer are recorded as revenues, and amounts paid to travel supplier (such as airlines, hotels, travel buses, etc.) are recorded as cost of revenues. The Company is principal in accordance with ASC paragraphs 606-10-55-36 through 55-40 because the Company controls the packaged-tour including the underlying travel services before the services are transferred to the customer. The control is evidenced by the Company being primarily responsible to its customer and is having a level of discretion in establishing pricing.

 

The Company operates as a single operating segment including product revenue from the sale of goods, which represent 79% of the Company’s revenues, and sale of packaged tour, which represent 21% of the Company’s revenues. Due to the integrated structure of the Company’s business, the sale of goods revenue and sale of packaged tour revenue are combined with each other. The Company’s chief operating decision maker, its Chief Executive Officer, reviews financial information on an aggregate basis for the purposes of allocating resources and evaluating financial performance. The Company’s primary operations are in Singapore and Indonesia, and it has derived substantially all of its revenue from sales to customers in these jurisdictions.

 

 

In accordance with ASC 280-10-50-40, the Company’s disaggregation information of revenues by each product and service or each group of similar product and service type which were recognized based on the nature of performance obligation disclosed above was as follows:

 

		For the six months ended June 30,
Product/Service Type		2024				Percentage of Total revenue				2023				Percentage of Total revenue
Food and beverage		$	14,341,959				50.93	%		$	11,761,196				48.20	%
Fresh produce			7,739,563				27.49	%			7,053,085				28.91	%
Lifestyle and other personal care items			24,881				0.09	%			219,784				0.90	%
Packaged-tour			6,040,684				21.46	%			5,366,147				21.99	%
Insurance referral			7,716				0.03	%			-				-	%
Total		$	28,154,803				100.00	%		$	24,400,212				100.00	%

 

Revenues classified by the geographic areas in which the customers were located was as follows:

 

		For the six months ended June 30,
Country		2024				Percentage of Total revenue				2023				Percentage of Total revenue
Singapore		$	10,528,665				37	%		$	10,743,266				44	%
Indonesia			17,626,138				63	%			13,656,946				56	%
Total		$	28,154,803				100	%		$	24,400,212				100	%

 

During the six months ended June 30, 2024 and 2023, all revenues were generated from third parties.

 

Recent accounting pronouncements

 

All new standards and amendments that are effective for annual reporting period commencing January 1, 2024 have been applied by the Company for the six months ended June 30, 2024. The adoption did not have material impact on the unaudited interim consolidated financial statements of the Company. A number of new standards and amendments to standards have not come into effect for the year beginning January 1, 2024, and they have not been early adopted by the Company in preparing these unaudited interim consolidated financial statements. None of these new standards and amendments to standards is expected to have a significant effect on the unaudited interim consolidated financial statements of the Company.

 

 

Exhibit 99.3

 

 

Webuy Global Reports Record Revenue and 253% Increase in Gross Profit for the First Half of 2024

 

Singapore – September 17, 2024 – Webuy Global Ltd (Nasdaq: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce retailer, today provided a business update and announced its interim financial results for the six months ended June 30, 2024.

 

Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy, stated, “I am pleased to report that we achieved record revenue for the first half of 2024. This performance reflects the continued rollout of our social e-commerce platform across Southeast Asia. Revenue growth was driven by an increase in grocery sales and the success of our travel packages. Due to the high margins on our travel services, I am also pleased to announce a 253% increase in gross profit. It is important to note that these results were achieved during the first half of the year, which has historically been a slower season for us. We anticipate even stronger performance in the second half, as evidenced by our success at the NATAS Fair 2024 this past August, where we recorded $2.9 million in sales over just three days.”

 

“During the first six months of 2024, we invested in new products and services that we expect will not only drive additional revenue but also enhance margins and profitability. We remain focused on achieving positive net income and cash flow across the company within the next six months. Furthermore, with approximately $2.1 million in cash and cash equivalents as of June 30, 2024, along with a recent financing agreement of up to $6 million, we believe we have sufficient capital to support the continued expansion of our business across Southeast Asia. Overall, we are highly encouraged by our business outlook, driven by our unique social e-commerce platform and group leader sales model, which provides a cost-effective and scalable platform to deliver significant returns for shareholders.”

 

Financial Results

 

Total revenue increased by 15.4% to approximately $28.2 million for the six months ended June 30, 2024, compared to approximately $24.4 million for the same period in 2023. This growth was primarily driven by an increase in grocery sales in Indonesia and Singapore, along with higher demand for packaged tours and related products.

 

Gross profit rose by 253.0% to approximately $2.6 million for the first six months of 2024, up from approximately $0.7 million during the same period in 2023. This increase was mainly attributable to a shift in the revenue mix toward higher-margin products and services, particularly packaged tours.

 

For the six months ended June 30, 2024, the Company reported a net loss of approximately $2.9 million, an improvement from the net loss of approximately $3.7 million in the same period of 2023. This reduction in net loss was primarily due to effective cost-control measures.

 

About Webuy Global Ltd

 

The Company’s mission is to make social shopping a new lifestyle for consumers and to empower consumers’ purchases with an efficient, cost-saving purchasing model. Webuy is committed to developing a community-oriented e-commerce platform in the Southeast Asia region and transforming the e-commerce model into a community-driven experience for consumers.

 

The Company’s innovative ‘group buy’ business model is set to revolutionize traditional shopping practices, offering substantial cost savings to customers through a community-centric approach. This approach, akin to group purchases and bulk orders, simplifies the process for customers, eliminating the need for individual bulk purchases. Furthermore, the business model streamlines the traditional supply chain by minimizing the involvement of intermediaries, thereby offering a more direct “farm-to-table” supply model. Additional information about the Company is available at http://webuy.global/

 

Forward-Looking Statements

 

This press release contains forward-looking statements regarding the Company’s current expectations. These forward-looking statements include, without limitation, references to the Company’s expectations regarding the anticipated use of net proceeds from the offering. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could cause actual results to differ include, but are not limited to, risks and uncertainties related to the satisfaction of customary closing conditions related to the public offering, or factors that result in changes to the Company’s anticipated use of proceeds. These and other risks and uncertainties are described more fully in the section captioned “Risk Factors” in the Company’s Registration Statement on Form S-1 related to the public offering (SEC File No. File No. 333-271604). Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

 

Contact:

 

Crescendo Communications, LLC

Tel: 212-671-1020

Email: wbuy@crescendo-ir.com

v3.24.3

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Registrant Name	WEBUY GLOBAL LTD
Document Type	6-K
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001946703
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity File Number	001-41840

v3.24.3

Unaudited Interim Consolidated Balance Sheets - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 2,056,233	$ 5,393,848
Accounts receivable	9,582,547	10,112,638
Inventories	514,635	769,584
Prepaid expenses and other assets	10,990,432	6,032,074
Note receivable	2,575,000	3,075,000
Total current assets	25,742,558	25,394,951
Non-current Assets
Leasehold improvements and equipment, net	897,287	896,539
Right of use assets – operating lease	2,323,395	2,690,521
Intangible assets	876,509	1,251,180
Total Assets	29,839,749	30,233,191
Current Liabilities
Accounts payable	11,723,095	11,058,508
Deferred revenue	1,979,904	1,859,990
Other current liabilities	6,232,434	6,110,738
Loans payable	407,115	512,435
Convertible notes payable	1,187,143	1,901,600
Operating lease liability	664,444	708,953
Total Current Liabilities	22,219,379	22,178,153
Non-current Liabilities
Loans payable	178,201	204,758
Operating lease liability	1,874,617	2,194,553
Total Liabilities	24,272,197	24,577,464
Commitments and contingencies
Shareholders’ Equity
Ordinary stock (260,000,000,000 shares authorized, $0.000000385 par value, 61,571,956 shares and 52,381,600 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively)	24	20
Additional paid-in capital	31,992,466	29,287,795
Accumulated deficit	(26,398,567)	(23,484,274)
Accumulated other comprehensive Income (loss)	46,468	(93,154)
Total Shareholders’ Equity to shareholders of Webuy Global Ltd	5,640,391	5,710,387
Deficit attributable to non-controlling interests	(72,839)	(54,660)
Total Shareholders’ Equity	5,567,552	5,655,727
Total Liabilities and Shareholders’ Equity	29,839,749	30,233,191
Related Party
Current Assets
Amount due from related parties	23,711	11,807
Current Liabilities
Amount due to a related party	$ 25,244	$ 25,929

v3.24.3

Unaudited Interim Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Ordinary stock, shares authorized	260,000,000,000	260,000,000,000
Ordinary stock, par value (in Dollars per share)	$ 0.000000385	$ 0.000000385
Ordinary stock, shares issued	61,571,956	52,381,600
Ordinary stock, shares outstanding	61,571,956	52,381,600

v3.24.3

Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenues	$ 28,154,803	$ 24,400,212
Cost of revenues	(25,579,175)	(23,670,573)
Gross profit	2,575,628	729,639
Operating expenses
Selling and distribution expenses	(1,628,765)	(1,320,943)
General administrative expenses	(3,964,173)	(3,063,978)
Total operating expenses	(5,592,938)	(4,384,921)
Loss from operations	(3,017,310)	(3,655,282)
Other (expense) income
Other income	156,325	69,243
Finance costs	(79,543)	(87,945)
Total other income (expense), net	76,782	(18,702)
Loss before income taxes	(2,940,528)	(3,673,984)
Income taxes
Net loss	(2,940,528)	(3,673,984)
Less: Net loss attributable to non-controlling interests	26,235	64,633
Net loss attributable to shareholders of Webuy Global Ltd	(2,914,293)	(3,609,351)
Net loss	(2,940,528)	(3,673,984)
Foreign currency translation	147,678	4,349
Comprehensive loss	(2,792,850)	(3,669,635)
Less: Comprehensive income attributable to non-controlling interests	18,179	64,221
Comprehensive loss attributable to shareholders of Webuy Global Ltd	$ (2,774,671)	$ (3,605,414)
Basic loss per ordinary share (in Dollars per share)	$ (0.05)	$ (0.08)
Basic weighted average number of ordinary shares outstanding (in Shares)	58,705,435	48,011,600

v3.24.3

Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss (Parentheticals) - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Diluted loss per ordinary share	$ (0.05)	$ (0.08)
Diluted weighted average number of ordinary shares outstanding	58,705,435	48,011,600

v3.24.3

Unaudited Interim Consolidated Statements of Changes in Shareholders’ Equity (Deficit) - USD ($)	Ordinary shares	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive (loss) Income	Deficit to Ordinary Shareholders	Non- controlling Interests	Total
Balance at Dec. 31, 2022	$ 18	$ 15,678,812	$ (18,337,830)	$ (75,641)	$ (2,734,641)	$ (41,108)	$ (2,775,749)
Balance (in Shares) at Dec. 31, 2022	48,011,600
Net loss			(3,609,351)		(3,609,351)	(64,633)	(3,673,984)
Foreign currency translation				3,937	3,937	412	4,349
Balance at Jun. 30, 2023	$ 18	15,678,812	(21,947,181)	(71,704)	(6,340,055)	(105,329)	(6,445,384)
Balance (in Shares) at Jun. 30, 2023	48,011,600
Balance at Dec. 31, 2023	$ 20	29,287,795	(23,484,274)	(93,154)	5,710,387	(54,660)	$ 5,655,727
Balance (in Shares) at Dec. 31, 2023	52,381,600						52,381,600
Issuance of shares through private placements	$ 3	2,304,672			2,304,675		$ 2,304,675
Issuance of shares through private placements (in Shares)	8,205,862
Issuance of shares for convertible notes conversion	$ 1	399,999			400,000		400,000
Issuance of shares for convertible notes conversion (in Shares)	984,494
Net loss			(2,914,293)		(2,914,293)	(26,235)	(2,940,528)
Foreign currency translation				139,622	139,622	8,056	147,678
Balance at Jun. 30, 2024	$ 24	$ 31,992,466	$ (26,398,567)	$ 46,468	$ 5,640,391	$ (72,839)	$ 5,567,552
Balance (in Shares) at Jun. 30, 2024	61,571,956						61,571,956

v3.24.3

Unaudited Interim Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash Flows From Operating Activities:
Net loss	$ (2,940,528)	$ (3,673,984)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of intangible assets	343,753	226,406
Depreciation of leasehold improvements and equipment	130,629	83,662
Leasehold improvements and equipment written off		25,823
Lease expense	451,749	221,369
Changes in operating assets and liabilities:
Inventories	221,802	786,737
Accounts receivable	(58,964)	(728,790)
Prepaid expenses and other assets	(5,307,434)	(1,787,069)
Operating lease liability	(315,526)	(107,139)
Accounts payable	1,255,606	2,324,683
Deferred revenue	367,544
Other current liabilities	301,181	1,719,932
Amount due from/to related parties	(417)	23,698
Net Cash used in Operating Activities	(5,550,605)	(884,672)
Cash Flows From Investing Activities:
Purchase of leasehold improvements and equipment	(159,908)	(564,333)
Receipt from the collection of a promissory note	3,000,000
Purchase of a promissory note	(2,500,000)
Net Cash provided by (used in) Investing Activities	340,092	(564,333)
Cash Flows From Financing Activities:
Proceeds from private placements	2,304,675
Proceeds from issuance of convertible notes		1,289,200
Repayment of convertible notes	(364,620)
Repayment of loan payables	(241,606)	(457,594)
Net Cash provided by Financing Activities	1,698,449	831,606
Effect of Exchange Rate Changes on Cash	174,449	(9,673)
Net changes in cash	(3,337,615)	(627,072)
Cash at beginning of the period	5,393,848	1,554,464
Cash at end of the period	2,056,233	927,392
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest	129,881	126,590
Cash paid for taxes
Supplemental Disclosure of Non-Cash Financing Information:
Settlement of convertible notes payable through the issuance of shares	$ 400,000

v3.24.3

Organization, Description of Business and Going Concern	6 Months Ended
	Jun. 30, 2024
Organization, Description of Business and Going Concern [Abstract]
Organization, Description of Business and Going Concern	Note 1. Organization, Description of Business and Going Concern   Webuy Global Ltd (“Webuy”) was incorporated on August 29, 2022 in the Cayman Islands as a company limited by shares.   Webuy Global Ltd and subsidiaries (the “Company”) is an emerging Southeast Asian (“SEA”) community-oriented e-Commerce retailor (“Community E-Commerce Retailor”) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through online medium. The Company’s mission is to make social shopping a new lifestyle for consumers and to empower consumers’ purchases with an efficient cost-saving purchasing model.   Share Swap Agreement   On August 29, 2022, the Company closed a share swap agreement (the “Share Swap”) between New Retail International Pte Ltd. (“New Retail”), which is a private company with limited liability under Singapore law and its shareholders. Under the Share Swap, the Company acquired 100% of the issued shares of New Retail (being 16,644 shares comprising (a) 8,202 ordinary shares denominated in SGD, (b) 3,440 preference shares denominated in SGD, and (c) 5,002 preference shares denominated in USD in exchange for the allotment and issuance of 16,644 ordinary shares of Webuy. Following the Share Swap, New Retail became a wholly owned subsidiary of the Company and the former shareholders, holders of warrants, convertible notes, and simple agreements for future equity of New Retail held 100% of the equity interests of the Company prior to the Company’s planned initial public offering. As a result of the share forward split, the effective number of ordinary shares of Webuy became 43,274,400.   Reorganization   The Share Swap between Webuy and New Retail is considered as a merger of entities under common control. Under the guidance in ASC 805, for transactions between entities under common control, the assets, liabilities and results of operations, are recognized at their carrying amounts on the date of the Share Swap, which required retrospective combination of Webuy and New Retail for all periods presented.   Corporate Structure   Details of the Company and subsidiaries as of June 30, 2024 are set out below:   Name   Incorporation Date   Percentage of effective ownership     Place of Incorporation   Fiscal Year   Principal Activities Webuy Global Ltd   August 29, 2022     -     Cayman Islands   December 31   Investment holding New Retail International Pte Ltd   November 23, 2018     100 %   Singapore   December 31   Community-oriented e-commerce platform PT Webuy Social Indonesia   May 5, 2020     95 %   Indonesia   December 31   Community-oriented e-commerce platform The Shopaholic Bear Pte Ltd   April 6, 2021     100 %   Singapore   December 31   Community-oriented e-commerce platform Bear Bear Pte Ltd   November 2, 2021     100 %   Singapore   December 31   Retail business Webuy Travel Pte. Ltd.   November 15, 2022     100 %   Singapore   December 31   Sale of packaged-tour PT Buah Kita Retail   October 23, 2023     100 %   Indonesia   December 31   Retail business PT Webuy Travel Indonesia   October 23, 2023     70 %   Indonesia   December 31   Sale of packaged-tour Webuy Advisory Pte Ltd   February 2, 2024     100 %   Singapore   December 31   Management consultancy services   Going concern   As of June 30, 2024, the Company’s operating losses raise substantial doubt about the Company’s ability to continue as a going concern. In assessing the going concern, management and the Board has considered the following:     ● Management expects to see improved cash flows including liquidity and borrowings from future fund-raising activities. The Company’s principal uses of cash have been, and management expects will continue to be, for working capital to support a reasonable increase in our scale of operations as well as for business expansion investments.   No assurance can be provided that these additional financings will be available on acceptable terms or at all. If management is unable to execute this plan, there would likely be a material adverse effect on the Company’s business. These consolidated financial statements have been prepared on a going concern basis, which assumes that the Company will be able to continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business.

v3.24.3

Summary of Signification Accounting Policies	6 Months Ended
	Jun. 30, 2024
Summary of Signification Accounting Policies [Abstract]
Summary of Signification Accounting Policies	Note 2. Summary of Signification Accounting Policies   The accounting policies applied for the six months ended June 30, 2024 and 2023 are consistent with those of the audited consolidated financial statements for the years ended December 31, 2023, 2022 and 2021, as described in those audited consolidated financial statements, except for the adoption of any new and amended accounting principles generally accepted in the United States of America (“US GAAP”) effective after the year ending December 31, 2023 which are relevant to the preparation of the June 30, 2024 unaudited interim consolidated financial statements.   Basis of presentation and consolidation   The accompanying unaudited interim consolidated financial statements have been prepared in accordance with Article 10 of Regulation S-X. These statements should be read in conjunction with the audited consolidated financial statements for the years ended December 31, 2023, 2022 and 2021, which have been prepared in accordance US GAAP. The unaudited interim consolidated financial statements have been prepared on a historical cost basis. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying unaudited interim consolidated financial statements. The results of operations for the six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the full year ended December 31, 2024.   The unaudited interim consolidated financial statements include the financial statements of the Company and all its majority-owned subsidiaries from the dates they were incorporated. All intercompany balances and transactions have been eliminated in consolidation.   All amounts are presented in United States dollars (“USD”) and have been rounded to the nearest USD.    Use of estimates   The preparation of the unaudited interim 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. Actual results could differ from those estimates and judgments.   In preparing the unaudited interim condensed consolidated financial statements, the significant judgments made by management in applying the Company’s accounting policies and the key sources of estimation uncertainty were the same as those that applied to the consolidated financial statements for the year ended December 31, 2023, 2022 and 2021.    Cash and cash equivalents   Cash is carried at cost and represents cash on hand and bank deposits. Cash equivalents consist of funds received from customers, which funds were held at the third-party platform’s fund account, and which are unrestricted and immediately available for withdrawal and use.   Foreign currencies translation and transactions   The reporting currency of the Company is United States Dollar (“USD”) and the accompanying unaudited interim consolidated financial statements have been expressed in “$”. In addition, the Company’s subsidiaries are operating in Singapore and Indonesia and maintains its books and records in its local currency, Singapore Dollar (“SGD”) and Indonesia Rupiah (“IDR”), respectively, which are the functional currency as being the primary currency of the economic environment in which their operations are conducted.   Accounts receivable   Accounts receivable are recorded in accordance with ASC 310, “Receivables.” Accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in its existing accounts receivable and other receivables. For the six months ended June 30, 2024 and 2023, the Company did not record any allowances for doubtful accounts against its accounts receivable and other receivables nor did it charge off any such amounts, respectively.   Leases   A lease for which substantially all the benefits and risks incidental to ownership remain with the lessor is classified by the lessee as an operating lease. The Company records the lease expenses on a straight-line basis over the lease term.   Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for the lease and non-lease components of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term.   Accounts payables and other current liabilities   Accounts payable and other current liabilities are liabilities for goods and services provided to the Company prior to the end of the financial year which are unpaid. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method. They are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.   Convertible notes payable   The Company accounted for these Notes as a single liability-classified instrument measured at amortized cost due to the adoption of ASU 2020-06. ASC Subtopic 470-20 “Debt—Debt with Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The Company has presented these Notes in current liabilities in the accompanying balance sheets.   Revenue recognition   The Company adopts Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (ASC Topic 606) for all periods presented. The core principle underlying the revenue recognition of this ASU allows the Company to recognize revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer.   To achieve that core principle, the Company applies five-step model to recognize revenue from customer contracts. The five-step model requires the Company to (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the performance obligation is satisfied.   Product revenues   - Performance obligations satisfied at a point in time   The Company primarily sells goods through group orders directly through the Company’s mobile application. The Company accounts for the revenues generated from sales on a gross basis as the Company is acting as a principal in these transactions and is responsible for fulfilling the promise to provide the specified goods, which the Company has control of the goods and has the ability to direct the use of goods to obtain substantially all the benefits. Revenues are measured based on the amount of consideration that the Company expects to receive reduced by sales return and discount. In making this determination, the Company also assesses whether the Company is primarily obligated, subject to inventory risk, has latitude in establishing prices, or has met several but not all of these indicators in accordance with ASC 606-10-55-36 through 40. The Company recognizes the sales of goods when the control of the specified goods is transferred to customers which is upon delivery of goods to customers. Revenues also exclude any amounts collected on behalf of the third parties, including sales taxes and indirect taxes.   The Company sells goods to customers and the revenues are earned from the cash payment made by customers or customers settle their balances with “Assets”. The Company grants “Assets” upon (i) Cash collected from customers via Webuy mobile APP to top up their e-wallet balance; (ii) Refund to customers’ e-wallet due to order cancellation or products returned from customers; (iii) Commissions payable to Group Leaders for the provision of services to the Company. These “Assets” entitle the holders to offset future purchases. As such, “Assets” are initially recognized and recorded as “Advances from customers” upon the grant and when customers have yet placed the purchase orders to create an underlying sales agreement with the Company. The Company uses the term “Assets” to represent the payment procedures and balances of customers’ user accounts on the Company’s Webuy mobile APP platform.   Until “Assets” are used at the time when customers have placed the purchase orders, “Assets” of customers’ user accounts in the Company’s Webuy mobile APP will be reduced; as for the Company’s book-keeping, the Company reclassifies the “Advance from customers” balance to “Deferred revenue”. “Deferred revenue” is a contract liability that the Company is obligated to transfer goods to customers for which the Company has received consideration (or the amount is due) from customers in the form of cash or “Assets”. The balance of “Deferred revenue” represents unfulfilled performance obligations in the sales agreement, i.e. products that have not yet been delivered. Once the related products have been delivered, the amount in “Deferred revenue” account is shifted to a revenue account.   The revenue deferred from the year ended December 31, 2023, and 2022 which was recognized as income during the six months ended June 30, 2024 and 2023 was $1,829,730 and $990,981, respectively.    Packaged-tour revenue   - Performance obligations satisfied at a point in time   Within each contract, the Company identify whether it is principal or agent at the performance obligation level. In arrangements where the Company has substantive control over the service before transferring it to the customer and is primarily responsible for integrating the services into the final deliverables, the Company acts as principal. The Company’s revenue on the sale of packaged-tour is reported as a gross basis, that is, the amounts billed to the customer are recorded as revenues, and amounts paid to travel supplier (such as airlines, hotels, travel buses, etc.) are recorded as cost of revenues. The Company is principal in accordance with ASC paragraphs 606-10-55-36 through 55-40 because the Company controls the packaged-tour including the underlying travel services before the services are transferred to the customer. The control is evidenced by the Company being primarily responsible to its customer and is having a level of discretion in establishing pricing.   The Company operates as a single operating segment including product revenue from the sale of goods, which represent 79% of the Company’s revenues, and sale of packaged tour, which represent 21% of the Company’s revenues. Due to the integrated structure of the Company’s business, the sale of goods revenue and sale of packaged tour revenue are combined with each other. The Company’s chief operating decision maker, its Chief Executive Officer, reviews financial information on an aggregate basis for the purposes of allocating resources and evaluating financial performance. The Company’s primary operations are in Singapore and Indonesia, and it has derived substantially all of its revenue from sales to customers in these jurisdictions.   In accordance with ASC 280-10-50-40, the Company’s disaggregation information of revenues by each product and service or each group of similar product and service type which were recognized based on the nature of performance obligation disclosed above was as follows:       For the six months ended June 30,   Product/Service Type   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Food and beverage   $ 14,341,959       50.93 %   $ 11,761,196       48.20 % Fresh produce     7,739,563       27.49 %     7,053,085       28.91 % Lifestyle and other personal care items     24,881       0.09 %     219,784       0.90 % Packaged-tour     6,040,684       21.46 %     5,366,147       21.99 % Insurance referral     7,716       0.03 %     -       - % Total   $ 28,154,803       100.00 %   $ 24,400,212       100.00 %   Revenues classified by the geographic areas in which the customers were located was as follows:       For the six months ended June 30,   Country   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Singapore   $ 10,528,665       37 %   $ 10,743,266       44 % Indonesia     17,626,138       63 %     13,656,946       56 % Total   $ 28,154,803       100 %   $ 24,400,212       100 %   During the six months ended June 30, 2024 and 2023, all revenues were generated from third parties.   Cost of revenue   Costs are recognized when incurred. Cost of revenue consists of direct labor, materials, freight charges and other direct costs.   Recent Accounting Pronouncements   All new standards and amendments that are effective for annual reporting period commencing January 1, 2024 have been applied by the Company for the six months ended June 30, 2024. The adoption did not have material impact on the unaudited interim consolidated financial statements of the Company. A number of new standards and amendments to standards have not come into effect for the year beginning January 1, 2024, and they have not been early adopted by the Company in preparing these unaudited interim consolidated financial statements. None of these new standards and amendments to standards is expected to have a significant effect on the unaudited interim consolidated financial statements of the Company.

v3.24.3

Prepaid Expenses and Other Assets	6 Months Ended
	Jun. 30, 2024
Prepaid Expenses and Other Assets [Abstract]
Prepaid expenses and other assets	Note 3. Prepaid expenses and other assets   At June 30, 2024 and December 31, 2023, prepayment and other current assets consisted of the following:       June 30,     December 31,       2024     2023                 Prepayment   $ 3,601,197     $ 1,247,942   Advance to suppliers     4,527,778       2,349,615   Deposits     1,033,297       1,107,788   Other receivables     1,828,160       1,326,729       $ 10,990,432     $ 6,032,074     The prepayment includes payments of IT services, advertisement expenses, insurance premiums, rental expenses, travel package costs, consultancy fees and professional fees. The deposits are mainly related to refundable deposits paid for business acquisitions, equipment, office and warehouse security deposit. During the year ended December 31, 2023, the Company paid $500,000 earnest deposit to an acquisition target in order to allow the Company to carry out due diligence on the target. During the year ended June 30, 2024, the Company paid another $500,000 earnest deposit to another acquisition target for the same purpose. The other receivables are mainly related to advances to employees and non-trade receivables due from third parties.

v3.24.3

Note Receivable	6 Months Ended
	Jun. 30, 2024
Note Receivable [Abstract]
Note Receivable	Note 4. Note receivable   On November 9, 2023, a third party issued an unsecured promissory note to the Company, pursuant to which the Company lent a principal amount of $3,000,000. The note bears interest at the rate of 3% per month and shall be paid one month after the disbursement of funds by the Company. This note receivable balance had been fully collected in January 2024.   On January 5, 2024, the same third party issued another unsecured promissory note to the Company, pursuant to which the Company lent a principal amount of $2,500,000. The note bears interest at the rate of 3% per month and shall be paid eleven months after the disbursement of funds by the Company. For the six months ended June 30, 2024, the interest income recorded for this note receivable was $75,000. As of June 30, 2024, the outstanding receivable balance of this note was $2,575,000.

v3.24.3

Leasehold Improvements and Equipment	6 Months Ended
	Jun. 30, 2024
Leasehold Improvements and Equipment [Abstract]
Leasehold improvements and Equipment	Note 5. Leasehold improvements and Equipment   At June 30, 2024 and December 31, 2023, leasehold improvements and equipment consisted of the following:       June 30,     December 31,       2024     2023   Motor Vehicles   $ 509,705     $ 465,111   Office equipment     74,500       26,462   Furniture and fittings     66,016       17,826   Computer     -       43,949   Warehouse equipment     109,192       111,397   Machinery equipment     48,904       2,699   Leasehold improvements     636,553       671,539         1,444,870       1,338,983   Accumulated depreciation     (547,583 )     (442,444 ) Leasehold improvements and equipment, net of accumulated depreciation   $ 897,287     $ 896,539     Depreciation expense of leasehold improvements and equipment for the six months ended June 30, 2024 and 2023 were $130,629 and $83,662, respectively.   During the six months ended June 30, 2024 and 2023, the Company purchased assets of $159,908 and $564,333, respectively; and disposed assets of $33,217 and $nil, respectively.   The motor vehicles with a net carrying amount of $249,905 and $281,875 are held under finance lease arrangements as of June 30, 2024 and December 31, 2023, respectively.

v3.24.3

Right of Use Assets and Operating Lease Liability	6 Months Ended
	Jun. 30, 2024
Right of Use Assets and Operating Lease Liability [Abstract]
Right of use assets and operating lease liability	Note 6. Right of use assets and operating lease liability   Operating lease   The Company has entered into commercial operating leases for the use of offices and warehouses as lessee. These leases have varying terms, escalation clauses and renewal rights. On February 28, 2023, the Company entered into a new lease agreement for a lease term of five years for a four-story office and warehouse facility in Singapore. The Company is committed to pay a total rental fee of approximately $3.9 million for the full lease term.   Information pertaining to lease amounts recognized in the unaudited interim consolidated financial statements is summarized as follows:       June 30,     December 31,       2024     2023   Leasehold buildings   $ 3,636,498     $ 3,648,367   Accumulated amortization     (1,313,103 )     (957,846 ) ROU assets, net of accumulated amortization   $ 2,323,395     $ 2,690,521         June 30,     June 30,       2024     2023   Lease costs:             Operating lease costs   $ 451,749     $ 221,369   Short-term lease costs     361,025       235,458   Total lease costs   $ 812,774     $ 456,827   Supplemental cash flow information:                 Operating cash flows from operating leases   $ 315,526     $ 295,416   Right-of-use obtained in exchange for new operating lease liabilities     -       3,045,610   Weighted-average remaining lease term (years):                 Operating leases     1.96       5.04     As of June 30, 2024 and December 31, 2023, the weighted-average discount rate for operating leases was 6.0% and 6.0%, respectively.       Operating leases   Periods Ended June 30,         2025   $ 797,973   2026     813,774   2027     829,971   2028     628,700   Total operating lease payment     3,070,418   Less: Imputed interest     (531,357 ) Present value of operating lease liabilities     2,539,061             Operating lease liabilities – current   $ (664,444 ) Operating lease liabilities – non-current   $ 1,874,617

v3.24.3

Intangible Assets	6 Months Ended
	Jun. 30, 2024
Intangible Assets [Abstract]
Intangible assets	Note 7. Intangible assets   At June 30, 2024 and December 31, 2023, intangible assets consisted of the following:       June 30,     December 31,       2024     2023   Software   $ 71,553     $ 73,494   Application development     2,141,645       2,199,748         2,213,198       2,273,242   Accumulated amortization     (1,336,689 )     (1,022,062 ) Intangible assets, net of accumulated amortization   $ 876,509     $ 1,251,180     Based on the carrying value of definite-lived intangible assets as of June 30, 2024, the Company estimates its amortization expense for following years will be as follows:        Amortization expense   Periods Ended June 30,         2025   $ 713,884   2026     162,625   Total amortization expense   $ 876,509     Amortization expense of intangible assets for the six months ended June 30, 2024 and 2023 were $343,753 and $226,406, respectively.

v3.24.3

Other Current Liabilities	6 Months Ended
	Jun. 30, 2024
Other Current Liabilities [Abstract]
Other current liabilities	Note 8. Other current liabilities   At June 30, 2024 and December 31, 2023, other current liabilities consisted of the following:       June 30,     December 31,       2024     2023   Accrued expenses (a)   $ 1,166,279     $ 674,949   Advance from customers (b)     3,128,563       3,434,075   Other payables (c)     1,937,592       2,001,714       $ 6,232,434     $ 6,110,738       (a) Accrued expenses mainly relate to staff-related expenses.     (b) Advance payments from customers primarily refer to the prepayment made by customers for goods before their delivery. This arrangement involves customers paying upfront, ensuring a commitment to the purchase prior to receiving the products.         (c) Other payables mainly include outstanding amounts owed to various non-trade vendors and value added tax (“VAT”) payables.

v3.24.3

Loans Payable	6 Months Ended
	Jun. 30, 2024
Loans Payable [Abstract]
Loans payable	Note 9. Loans payable   At June 30, 2024 and December 31, 2023, loans payable consisted of the following:       June 30,     December 31,       2024     2023   Hire purchases - Motor Vehicle   $ 221,048     $ 248,768   Term loan I     -       154,195   Term loan II     -       147,697   Short-term loan I     162,135       166,533   Short-term loan II     202,133       -         585,316       717,193   Less current portion     (407,115 )     (512,435 ) Long-term loans payable   $ 178,201     $ 204,758     On August 27, 2020, the Company acquired a motor vehicle pursuant to a hire purchase financing arrangement.   On September 23, 2021, the Company entered into an unsecured term loan agreement (“Term loan I”) with a third party and obtained a loan facility in the amount of $1.0 million with a maturity date 30 months from September 24, 2021. The loan bears an interest rate of 6% per annum on the initial facility amount. During the six months ended June 30, 2024, the Company had fully repaid this loan.   On January 6, 2022, the Company entered into an unsecured term loan agreement (“Term loan II”) with a third party and obtained a loan facility in the amount of $1.5 million with a maturity date 24 months from February 19, 2022. The loan bears an interest rate of 6% per annum on the initial facility amount. During the six months ended June 30, 2024, the Company had fully repaid this loan.   On December 12, 2022, the Company entered into a loan agreement (“Short-term loan I”) with a third party whereby the Company borrowed $0.2 million with the sole purpose to make payment to the Company’s suppliers in the People’s Republic of China (“PRC”). The loan is unsecured and bears an 0% interest rate. The loan is due in three months from the payment made by the lender on behalf to the Company’s supplier date. On March 13, 2023, the loan was extended to May 30, 2023 with the same terms and conditions. On October 2, 2023, the loan was extended to December 31, 2023 with the same terms and conditions. On March 8, 2024, the loan was further extended to December 31, 2024 with the same terms and conditions.   On May 27, 2024 and June 18, 2024, the Company entered into a loan agreement (“Short-term loan II”) with two third parties, each amounting to US$100,000. These loans have been fully repaid on July 29,2024.   For the six months ended June 30, 2024 and 2023, the Company recorded aggregate $29,380 and $87,945 interest expense on these loans, respectively.

v3.24.3

Related Party Transactions	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions   Amount due from related parties   As of June 30, 2024 and December 31, 2023, the Company recorded amount due from GBuy Global Pte Ltd, a shareholder of the Company of $12,977 and $6,638, respectively, which represents expenses paid on behalf for a related party. The amounts are unsecured, non-interest bearing and due on demand.   As of June 30, 2024 and December 31, 2023, the Company recorded amount due from Webuy Talent Ltd (“Webuy Talent”) of $10,734 and $5,169, respectively. Mr. Bin Xue, Chief Executive Officer and Chairman of the Board of Director of the Company is also the director of Webuy Talent. The balance represents expenses paid on behalf for a related party. The amounts are unsecured, non-interest bearing and due on demand.    Amount due to a related party   The transactions amount due to a related party are as of the following:       June 30, 2024     December 31, 2023   Beginning of the years January 1   $ 25,929     $ 25,336   Exchange difference     (685 )     593   Periods ended June 30   $ 25,244     $ 25,929     As of June 30, 2024 and December 31, 2023, the Company recorded amount due to Mr. Bin Xue, Chief Executive Officer and Chairman of the Board of Director of the Company of $25,244 and $25,929. Except for the exchange differences arising from the translation of SGD balances into U.S. dollar at different period-end and year-end exchange rates, there was no movement on the balance during the six months ended June 30, 2024 and 2023. The balance represents business advances from a related party. The amounts are unsecured, non-interest bearing and due on demand.

v3.24.3

Convertible Notes Payables	6 Months Ended
	Jun. 30, 2024
Convertible Notes Payables [Abstract]
Convertible Notes Payables	Note 11. Convertible Notes Payables   As of December 31, 2023, the carrying value of convertible notes payable was the aggregate principal amount of the Notes of $1,901,600. Pursuant to the terms in the Note agreements, these Note will mature in 12 months to 18 months from the funding date and bear interest at a rate of 10% per annum, to be accrued and payable at the maturity date. The Company is obligated to redeem the loan in cash on the principal amount together with all interest accrued in full on the maturity date in the absence of a public listing or conversion to shares. On October 19, 2023, the Convertible Loan Note bearers signed the lock-up agreements to agree that their Notes will be converted after 180 days from the date of closing of the Initial Public Offering (the “Lock-Up Period”). The anticipated conversion date is April 17, 2024. On November 27, 2023, these Note bearers signed another agreement with the Company to provide a waiver of the right of conversion of the Note into conversion shares. The clause relating to their right of conversion is replaced with a full cash settlement of their Notes bearing interest at the rate of 10% per annum. The settlement shall be made (a) on the date falling six (6) months from October 19, 2023 (“Settlement Date”), and (b) in such manner to be agreed in writing between the Lender and the Borrower on or prior to the Settlement Date.   During the six months ended June 30, 2024, two of the Note bearers elected to convert their Note balances in an aggregate amount of $400,000 into the Company’s Class A ordinary shares at the conversion price of $0.4063. In connection with this share conversion, on May 6, 2024, the Company issued 492,247 and 492,247 Class A ordinary shares to each of the two Note bearers, respectively. In addition, the Company paid $364,620 to other investors to partially settle their Notes. As of June 30, 2024, the carrying value of convertible notes payable was the aggregate principal amount of the Notes of $1,136,980 and accrued interest of $50,163. The Company is in negotiation with the Note bearers to settle the remaining Note balance.   For the six months ended June 30, 2024 and 2023, interest expenses of $50,163 and $nil were recorded as finance costs, respectively.

v3.24.3

Equity	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Equity	Note 12. Equity    Authorized Shares   As of June 30, 2024, the Company has 260,000,000,000 authorized ordinary shares, par value $$0.000000385 per share.   Ordinary Shares   On April 30, 2024, the Company registered a self-underwritten public offering (“Offering”) of up to 10,000,000 Class A ordinary shares. On May 2, 2024, the Company closed its first tranche of this Offering that the Company agreed to sell 6,930,000 Class A ordinary shares at $0.29 per share. The Company raised a total of $2,009,700 through this closing, before deducting Offering-related expenses. On May 15, 2024 the Company closed its second tranche of this Offering that the Company agreed to sell 1,275,862 Class A ordinary shares at $0.29 per share. The Company raised a total of $370,000 through this closing, before deducting Offering-related expenses.   On May 6, 2024, the Company issued 984,494 Class A ordinary shares upon the conversion of convertible notes (Note 11).   As of June 30, 2024, the Company has 61,571,956 ordinary shares issued and outstanding.

v3.24.3

Income Tax	6 Months Ended
	Jun. 30, 2024
Income Tax [Abstract]
Income tax	Note 13. Income tax   Income tax expense comprises current and deferred taxes. Current taxes and deferred taxes are recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in other comprehensive loss.   Cayman Islands   The Company is incorporated in the Cayman Islands. Under the current laws of the Cayman Islands, the Company is not subject to income or capital gains taxes. In addition, dividend payments are not subject to withholdings tax in the Cayman Islands.   Singapore   Subsidiaries incorporated in Singapore are subject to the Singapore Corporate Tax rate of 17% for the six months ended June 30, 2024 and 2023.   Indonesia   Domestic statutory corporate income tax rate in Indonesia is 22% for the six months ended June 30, 2024 and 2023.   A reconciliation of the expected income tax benefits to the actual income tax provision is as follows:       June 30,     June 30,       2024     2023   Net loss before income taxes   $ (2,940,528 )   $ (3,673,984 )                   Income tax benefits attributable to net income at Singapore statutory rate of 17%*     (499,890 )     (624,577 ) Effect of different tax rates in other jurisdictions     (44,563 )     (54,696 ) Non-deductible expenses     166,923       89,088   Singapore tax exemption or non-taxable income     -       (7,981 ) Unrecognized deferred tax asset     377,530       598,166   Total tax provision   $ -     $ -     * The Company has reconciled to the Singapore corporate income tax rate of 17% to reflect the location of the Company’s operating activities and rather than reconciling to Cayman Islands statutory tax rate of 0%.    The components of the deferred tax assets are as follows:       June 30,     December 31,       2024     2023   Tax loss carry forwards   $ 11,236,110     $ 10,358,050   Deferred tax assets     2,138,399       1,760,869   Valuation allowance     (2,138,399 )     (1,760,869 ) Total deferred tax assets, net   $ -     $ -     According to Singapore Income Tax Act, due to change of ownership in New Retail, the tax losses carry forwards of $8,596,330 and $8,596,330 as of June 30, 2024 and December 31, 2023, respectively, cannot be used to offset future profit subject to the agreement of the tax authorities and compliance within certain provisions of the Income Tax Act

v3.24.3

Concentrations and Risks	6 Months Ended
	Jun. 30, 2024
Concentrations and Risks [Abstract]
Concentrations and Risks	Note 14. Concentrations and Risks   Concentrations   Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of accounts receivable. The Company conducts credit evaluations of its customers, and generally does not require collateral or other security from them. The Company evaluates its collection experience and long outstanding balances to determine the need for an allowance for doubtful accounts. The Company conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on accounts receivable.   There was no single customer who represent 10% or more of the Company’s total revenue for six months ended June 30, 2024 and 2023.   There was no single supplier who represent 10% or more of the Company’s total purchases for six months ended June 30, 2024 and 2023.    Details of the supplier which accounted for 10% or more of accounts payable are as follows:       June 30, 2024     % accounts payable     December 31, 2023     % accounts payable   Company A   $ 2,077,160       17.7 %   $ 2,170,312       19.6 % Company B   $ 1,578,482       13.5 %     1,222,103       11.1 %     $ 3,655,642       31.2 %     3,392,415       30.7 %   Details of the customers which accounted for 10% or more of accounts receivable are as follows:       June 30, 2024     % accounts receivable     December 31, 2023     % accounts receivable   Company A   $ 908,334       9.5 %   $ 1,337,859       13.2 %     $ 908,334       9.5 %   $ 1,337,859       13.2 %   Credit Risk   Credit risk is the potential financial loss to the Company resulting from the failure of a customer or a counterparty to settle its financial and contractual obligations to the Company, as and when they fall due. As the Company does not hold any collateral, the maximum exposure to credit risk is the carrying amounts of trade and other receivables (exclude prepayments) and cash and bank deposits presented on the consolidated balance sheets. The Company has no other financial assets which carry significant exposure to credit risk.   Foreign Currency Risk   The Company operates in multiple markets, which exposes it to the effects of fluctuations in currency exchange rates as it reports its financials and key operational metrics in USD. The Company earns revenue denominated in local currencies of Southeast Asia. The Company generally incur expenses for employee compensation and other operating expenses in the local currencies in the markets in which it operates. Fluctuations in the exchange rates among the various currencies that the Company uses could cause fluctuations in its operational and financial results.

v3.24.3

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 15. Commitments and Contingencies   In the normal course of business, we are subject to loss contingencies, such as legal proceedings and claims arising out of our business, that cover a wide range of matters, including, among others, government investigations and tax matters. In accordance with ASC No. 450-20, “Loss Contingencies”, we will record accruals for such loss contingencies when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. In the opinion of management of the Company, there were no pending or threatened claims and litigation as of June 30, 2024 and through the date of the release of these condensed consolidated financial statements.

v3.24.3

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events   The Company evaluated all events or transactions that occurred subsequent to June 30, 2024, through the date of release of these unaudited interim consolidated financial statements, and has determined that there are no subsequent events that require disclosure or recognition in the financial statements except for the below:   On July 26, 2024, the Company entered into a securities purchase agreement with an investor to issue a Senior Convertible Note in the aggregate principal amount of up to $2.40 million with a maturity date of 24 months after the issuance (the “Note”). In addition, the Company paid to the Investor a $70,000 commitment fee at the closing. The Investor may convert the Note in its sole discretion to the Company’s Class A ordinary shares at $0.213, or 150% of the VWAP of the Class A ordinary shares on the trading day preceding the Note issuance, provided that the conversion price may not be less than $0.029 (the “Floor Price”).

v3.24.3

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Summary of Signification Accounting Policies [Abstract]
Basis of presentation and consolidation	Basis of presentation and consolidation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with Article 10 of Regulation S-X. These statements should be read in conjunction with the audited consolidated financial statements for the years ended December 31, 2023, 2022 and 2021, which have been prepared in accordance US GAAP. The unaudited interim consolidated financial statements have been prepared on a historical cost basis. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying unaudited interim consolidated financial statements. The results of operations for the six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the full year ended December 31, 2024. The unaudited interim consolidated financial statements include the financial statements of the Company and all its majority-owned subsidiaries from the dates they were incorporated. All intercompany balances and transactions have been eliminated in consolidation. All amounts are presented in United States dollars (“USD”) and have been rounded to the nearest USD.
Use of estimates	Use of estimates The preparation of the unaudited interim 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. Actual results could differ from those estimates and judgments. In preparing the unaudited interim condensed consolidated financial statements, the significant judgments made by management in applying the Company’s accounting policies and the key sources of estimation uncertainty were the same as those that applied to the consolidated financial statements for the year ended December 31, 2023, 2022 and 2021
Cash and cash equivalents	Cash and cash equivalents Cash is carried at cost and represents cash on hand and bank deposits. Cash equivalents consist of funds received from customers, which funds were held at the third-party platform’s fund account, and which are unrestricted and immediately available for withdrawal and use.
Foreign currencies translation and transactions	Foreign currencies translation and transactions The reporting currency of the Company is United States Dollar (“USD”) and the accompanying unaudited interim consolidated financial statements have been expressed in “$”. In addition, the Company’s subsidiaries are operating in Singapore and Indonesia and maintains its books and records in its local currency, Singapore Dollar (“SGD”) and Indonesia Rupiah (“IDR”), respectively, which are the functional currency as being the primary currency of the economic environment in which their operations are conducted.
Accounts receivable	Accounts receivable Accounts receivable are recorded in accordance with ASC 310, “Receivables.” Accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in its existing accounts receivable and other receivables. For the six months ended June 30, 2024 and 2023, the Company did not record any allowances for doubtful accounts against its accounts receivable and other receivables nor did it charge off any such amounts, respectively.
Leases	Leases A lease for which substantially all the benefits and risks incidental to ownership remain with the lessor is classified by the lessee as an operating lease. The Company records the lease expenses on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for the lease and non-lease components of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term.
Accounts payables and other current liabilities	Accounts payables and other current liabilities Accounts payable and other current liabilities are liabilities for goods and services provided to the Company prior to the end of the financial year which are unpaid. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method. They are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Convertible notes payable	Convertible notes payable The Company accounted for these Notes as a single liability-classified instrument measured at amortized cost due to the adoption of ASU 2020-06. ASC Subtopic 470-20 “Debt—Debt with Conversion and Other Options” and ASC subtopic 815-40 “Hedging—Contracts in Entity’s Own Equity”. The Company has presented these Notes in current liabilities in the accompanying balance sheets.
Revenue recognition	Revenue recognition The Company adopts Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (ASC Topic 606) for all periods presented. The core principle underlying the revenue recognition of this ASU allows the Company to recognize revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. To achieve that core principle, the Company applies five-step model to recognize revenue from customer contracts. The five-step model requires the Company to (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the performance obligation is satisfied. Product revenues - Performance obligations satisfied at a point in time The Company primarily sells goods through group orders directly through the Company’s mobile application. The Company accounts for the revenues generated from sales on a gross basis as the Company is acting as a principal in these transactions and is responsible for fulfilling the promise to provide the specified goods, which the Company has control of the goods and has the ability to direct the use of goods to obtain substantially all the benefits. Revenues are measured based on the amount of consideration that the Company expects to receive reduced by sales return and discount. In making this determination, the Company also assesses whether the Company is primarily obligated, subject to inventory risk, has latitude in establishing prices, or has met several but not all of these indicators in accordance with ASC 606-10-55-36 through 40. The Company recognizes the sales of goods when the control of the specified goods is transferred to customers which is upon delivery of goods to customers. Revenues also exclude any amounts collected on behalf of the third parties, including sales taxes and indirect taxes.   The Company sells goods to customers and the revenues are earned from the cash payment made by customers or customers settle their balances with “Assets”. The Company grants “Assets” upon (i) Cash collected from customers via Webuy mobile APP to top up their e-wallet balance; (ii) Refund to customers’ e-wallet due to order cancellation or products returned from customers; (iii) Commissions payable to Group Leaders for the provision of services to the Company. These “Assets” entitle the holders to offset future purchases. As such, “Assets” are initially recognized and recorded as “Advances from customers” upon the grant and when customers have yet placed the purchase orders to create an underlying sales agreement with the Company. The Company uses the term “Assets” to represent the payment procedures and balances of customers’ user accounts on the Company’s Webuy mobile APP platform. Until “Assets” are used at the time when customers have placed the purchase orders, “Assets” of customers’ user accounts in the Company’s Webuy mobile APP will be reduced; as for the Company’s book-keeping, the Company reclassifies the “Advance from customers” balance to “Deferred revenue”. “Deferred revenue” is a contract liability that the Company is obligated to transfer goods to customers for which the Company has received consideration (or the amount is due) from customers in the form of cash or “Assets”. The balance of “Deferred revenue” represents unfulfilled performance obligations in the sales agreement, i.e. products that have not yet been delivered. Once the related products have been delivered, the amount in “Deferred revenue” account is shifted to a revenue account. The revenue deferred from the year ended December 31, 2023, and 2022 which was recognized as income during the six months ended June 30, 2024 and 2023 was $1,829,730 and $990,981, respectively. Packaged-tour revenue - Performance obligations satisfied at a point in time Within each contract, the Company identify whether it is principal or agent at the performance obligation level. In arrangements where the Company has substantive control over the service before transferring it to the customer and is primarily responsible for integrating the services into the final deliverables, the Company acts as principal. The Company’s revenue on the sale of packaged-tour is reported as a gross basis, that is, the amounts billed to the customer are recorded as revenues, and amounts paid to travel supplier (such as airlines, hotels, travel buses, etc.) are recorded as cost of revenues. The Company is principal in accordance with ASC paragraphs 606-10-55-36 through 55-40 because the Company controls the packaged-tour including the underlying travel services before the services are transferred to the customer. The control is evidenced by the Company being primarily responsible to its customer and is having a level of discretion in establishing pricing. The Company operates as a single operating segment including product revenue from the sale of goods, which represent 79% of the Company’s revenues, and sale of packaged tour, which represent 21% of the Company’s revenues. Due to the integrated structure of the Company’s business, the sale of goods revenue and sale of packaged tour revenue are combined with each other. The Company’s chief operating decision maker, its Chief Executive Officer, reviews financial information on an aggregate basis for the purposes of allocating resources and evaluating financial performance. The Company’s primary operations are in Singapore and Indonesia, and it has derived substantially all of its revenue from sales to customers in these jurisdictions. In accordance with ASC 280-10-50-40, the Company’s disaggregation information of revenues by each product and service or each group of similar product and service type which were recognized based on the nature of performance obligation disclosed above was as follows:     For the six months ended June 30,   Product/Service Type   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Food and beverage   $ 14,341,959       50.93 %   $ 11,761,196       48.20 % Fresh produce     7,739,563       27.49 %     7,053,085       28.91 % Lifestyle and other personal care items     24,881       0.09 %     219,784       0.90 % Packaged-tour     6,040,684       21.46 %     5,366,147       21.99 % Insurance referral     7,716       0.03 %     -       - % Total   $ 28,154,803       100.00 %   $ 24,400,212       100.00 % Revenues classified by the geographic areas in which the customers were located was as follows:     For the six months ended June 30,   Country   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Singapore   $ 10,528,665       37 %   $ 10,743,266       44 % Indonesia     17,626,138       63 %     13,656,946       56 % Total   $ 28,154,803       100 %   $ 24,400,212       100 % During the six months ended June 30, 2024 and 2023, all revenues were generated from third parties.   Cost of revenue Costs are recognized when incurred. Cost of revenue consists of direct labor, materials, freight charges and other direct costs.
Recent Accounting Pronouncements	Recent Accounting Pronouncements All new standards and amendments that are effective for annual reporting period commencing January 1, 2024 have been applied by the Company for the six months ended June 30, 2024. The adoption did not have material impact on the unaudited interim consolidated financial statements of the Company. A number of new standards and amendments to standards have not come into effect for the year beginning January 1, 2024, and they have not been early adopted by the Company in preparing these unaudited interim consolidated financial statements. None of these new standards and amendments to standards is expected to have a significant effect on the unaudited interim consolidated financial statements of the Company.

v3.24.3

Organization, Description of Business and Going Concern (Tables)	6 Months Ended
	Jun. 30, 2024
Organization, Description of Business and Going Concern [Abstract]
Schedule of Company and Subsidiaries	Details of the Company and subsidiaries as of June 30, 2024 are set out below: Name   Incorporation Date   Percentage of effective ownership     Place of Incorporation   Fiscal Year   Principal Activities Webuy Global Ltd   August 29, 2022     -     Cayman Islands   December 31   Investment holding New Retail International Pte Ltd   November 23, 2018     100 %   Singapore   December 31   Community-oriented e-commerce platform PT Webuy Social Indonesia   May 5, 2020     95 %   Indonesia   December 31   Community-oriented e-commerce platform The Shopaholic Bear Pte Ltd   April 6, 2021     100 %   Singapore   December 31   Community-oriented e-commerce platform Bear Bear Pte Ltd   November 2, 2021     100 %   Singapore   December 31   Retail business Webuy Travel Pte. Ltd.   November 15, 2022     100 %   Singapore   December 31   Sale of packaged-tour PT Buah Kita Retail   October 23, 2023     100 %   Indonesia   December 31   Retail business PT Webuy Travel Indonesia   October 23, 2023     70 %   Indonesia   December 31   Sale of packaged-tour Webuy Advisory Pte Ltd   February 2, 2024     100 %   Singapore   December 31   Management consultancy services

v3.24.3

Summary of Signification Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2024
Summary of Signification Accounting Policies [Abstract]
Schedule of Disaggregation Information of Revenues	In accordance with ASC 280-10-50-40, the Company’s disaggregation information of revenues by each product and service or each group of similar product and service type which were recognized based on the nature of performance obligation disclosed above was as follows:     For the six months ended June 30,   Product/Service Type   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Food and beverage   $ 14,341,959       50.93 %   $ 11,761,196       48.20 % Fresh produce     7,739,563       27.49 %     7,053,085       28.91 % Lifestyle and other personal care items     24,881       0.09 %     219,784       0.90 % Packaged-tour     6,040,684       21.46 %     5,366,147       21.99 % Insurance referral     7,716       0.03 %     -       - % Total   $ 28,154,803       100.00 %   $ 24,400,212       100.00 %
Schedule of Revenues Classified by the Geographic areas	Revenues classified by the geographic areas in which the customers were located was as follows:     For the six months ended June 30,   Country   2024     Percentage of Total revenue     2023     Percentage of Total revenue   Singapore   $ 10,528,665       37 %   $ 10,743,266       44 % Indonesia     17,626,138       63 %     13,656,946       56 % Total   $ 28,154,803       100 %   $ 24,400,212       100 %

v3.24.3

Prepaid Expenses and Other Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Prepaid Expenses and Other Assets [Abstract]
Schedule of Prepayment and Other Current Assets	At June 30, 2024 and December 31, 2023, prepayment and other current assets consisted of the following:     June 30,     December 31,       2024     2023                 Prepayment   $ 3,601,197     $ 1,247,942   Advance to suppliers     4,527,778       2,349,615   Deposits     1,033,297       1,107,788   Other receivables     1,828,160       1,326,729       $ 10,990,432     $ 6,032,074

v3.24.3

Leasehold Improvements and Equipment (Tables)	6 Months Ended
	Jun. 30, 2024
Leasehold Improvements and Equipment [Abstract]
Schedule of Leasehold Improvements and Equipment	At June 30, 2024 and December 31, 2023, leasehold improvements and equipment consisted of the following:     June 30,     December 31,       2024     2023   Motor Vehicles   $ 509,705     $ 465,111   Office equipment     74,500       26,462   Furniture and fittings     66,016       17,826   Computer     -       43,949   Warehouse equipment     109,192       111,397   Machinery equipment     48,904       2,699   Leasehold improvements     636,553       671,539         1,444,870       1,338,983   Accumulated depreciation     (547,583 )     (442,444 ) Leasehold improvements and equipment, net of accumulated depreciation   $ 897,287     $ 896,539

v3.24.3

Right of Use Assets and Operating Lease Liability (Tables)	6 Months Ended
	Jun. 30, 2024
Right of Use Assets and Operating Lease Liability [Abstract]
Schedule of Information Pertaining to Lease Amounts Recognized	Information pertaining to lease amounts recognized in the unaudited interim consolidated financial statements is summarized as follows:     June 30,     December 31,       2024     2023   Leasehold buildings   $ 3,636,498     $ 3,648,367   Accumulated amortization     (1,313,103 )     (957,846 ) ROU assets, net of accumulated amortization   $ 2,323,395     $ 2,690,521
Schedule of Operating Lease Costs	June 30,     June 30,       2024     2023   Lease costs:             Operating lease costs   $ 451,749     $ 221,369   Short-term lease costs     361,025       235,458   Total lease costs   $ 812,774     $ 456,827   Supplemental cash flow information:                 Operating cash flows from operating leases   $ 315,526     $ 295,416   Right-of-use obtained in exchange for new operating lease liabilities     -       3,045,610   Weighted-average remaining lease term (years):                 Operating leases     1.96       5.04
Schedule of Weighted-Average Discount Rate for Operating Leases	As of June 30, 2024 and December 31, 2023, the weighted-average discount rate for operating leases was 6.0% and 6.0%, respectively.     Operating leases   Periods Ended June 30,         2025   $ 797,973   2026     813,774   2027     829,971   2028     628,700   Total operating lease payment     3,070,418   Less: Imputed interest     (531,357 ) Present value of operating lease liabilities     2,539,061             Operating lease liabilities – current   $ (664,444 ) Operating lease liabilities – non-current   $ 1,874,617

v3.24.3

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Intangible Assets [Abstract]
Schedule of Intangible Assets	At June 30, 2024 and December 31, 2023, intangible assets consisted of the following:     June 30,     December 31,       2024     2023   Software   $ 71,553     $ 73,494   Application development     2,141,645       2,199,748         2,213,198       2,273,242   Accumulated amortization     (1,336,689 )     (1,022,062 ) Intangible assets, net of accumulated amortization   $ 876,509     $ 1,251,180
Schedule of Estimates its Amortization Expense	Based on the carrying value of definite-lived intangible assets as of June 30, 2024, the Company estimates its amortization expense for following years will be as follows:     Amortization expense   Periods Ended June 30,         2025   $ 713,884   2026     162,625   Total amortization expense   $ 876,509

v3.24.3

Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Other Current Liabilities [Abstract]
Schedule of Other Current Liabilities	At June 30, 2024 and December 31, 2023, other current liabilities consisted of the following:     June 30,     December 31,       2024     2023   Accrued expenses (a)   $ 1,166,279     $ 674,949   Advance from customers (b)     3,128,563       3,434,075   Other payables (c)     1,937,592       2,001,714       $ 6,232,434     $ 6,110,738     (a) Accrued expenses mainly relate to staff-related expenses.   (b) Advance payments from customers primarily refer to the prepayment made by customers for goods before their delivery. This arrangement involves customers paying upfront, ensuring a commitment to the purchase prior to receiving the products.         (c) Other payables mainly include outstanding amounts owed to various non-trade vendors and value added tax (“VAT”) payables.

v3.24.3

Loans Payable (Tables)	6 Months Ended
	Jun. 30, 2024
Loans Payable [Abstract]
Schedule of Loans Payable	At June 30, 2024 and December 31, 2023, loans payable consisted of the following:     June 30,     December 31,       2024     2023   Hire purchases - Motor Vehicle   $ 221,048     $ 248,768   Term loan I     -       154,195   Term loan II     -       147,697   Short-term loan I     162,135       166,533   Short-term loan II     202,133       -         585,316       717,193   Less current portion     (407,115 )     (512,435 ) Long-term loans payable   $ 178,201     $ 204,758

v3.24.3

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Schedule of Due to Related Party	The transactions amount due to a related party are as of the following:     June 30, 2024     December 31, 2023   Beginning of the years January 1   $ 25,929     $ 25,336   Exchange difference     (685 )     593   Periods ended June 30   $ 25,244     $ 25,929

v3.24.3

Income Tax (Tables)	6 Months Ended
	Jun. 30, 2024
Income Tax [Abstract]
Schedule of Reconciliation of the Expected Income Tax Benefits to the Actual Income Tax Provision	A reconciliation of the expected income tax benefits to the actual income tax provision is as follows:     June 30,     June 30,       2024     2023   Net loss before income taxes   $ (2,940,528 )   $ (3,673,984 )                   Income tax benefits attributable to net income at Singapore statutory rate of 17%*     (499,890 )     (624,577 ) Effect of different tax rates in other jurisdictions     (44,563 )     (54,696 ) Non-deductible expenses     166,923       89,088   Singapore tax exemption or non-taxable income     -       (7,981 ) Unrecognized deferred tax asset     377,530       598,166   Total tax provision   $ -     $ -   * The Company has reconciled to the Singapore corporate income tax rate of 17% to reflect the location of the Company’s operating activities and rather than reconciling to Cayman Islands statutory tax rate of 0%.
Schedule of Components of the Deferred Tax Assets	The components of the deferred tax assets are as follows:     June 30,     December 31,       2024     2023   Tax loss carry forwards   $ 11,236,110     $ 10,358,050   Deferred tax assets     2,138,399       1,760,869   Valuation allowance     (2,138,399 )     (1,760,869 ) Total deferred tax assets, net   $ -     $ -

v3.24.3

Concentrations and Risks (Tables)	6 Months Ended
	Jun. 30, 2024
Concentrations and Risks [Abstract]
Schedule of Concentration Accounts Payable	Details of the supplier which accounted for 10% or more of accounts payable are as follows:     June 30, 2024     % accounts payable     December 31, 2023     % accounts payable   Company A   $ 2,077,160       17.7 %   $ 2,170,312       19.6 % Company B   $ 1,578,482       13.5 %     1,222,103       11.1 %     $ 3,655,642       31.2 %     3,392,415       30.7 %
Schedule of Concentration Accounts Receivable	Details of the customers which accounted for 10% or more of accounts receivable are as follows:     June 30, 2024     % accounts receivable     December 31, 2023     % accounts receivable   Company A   $ 908,334       9.5 %   $ 1,337,859       13.2 %     $ 908,334       9.5 %   $ 1,337,859       13.2 %

v3.24.3

Organization, Description of Business and Going Concern (Details) - shares	Aug. 29, 2022	Jun. 30, 2024	May 06, 2024	Dec. 31, 2023
Organization, Description of Business and Going Concern [Line Items]
Ordinary shares denominated		61,571,956	61,571,956	52,381,600
Share forward split	43,274,400
New Retail International Pte Ltd. [Member]
Organization, Description of Business and Going Concern [Line Items]
Percentage acquired	100.00%	100.00%
Ordinary shares denominated	16,644
New Retail International Pte Ltd. [Member] | Share Swap Agreement [Member]
Organization, Description of Business and Going Concern [Line Items]
Percentage acquired	100.00%
Webuy [Member]
Organization, Description of Business and Going Concern [Line Items]
Ordinary shares denominated	16,644
SGD [Member] | New Retail International Pte Ltd. [Member]
Organization, Description of Business and Going Concern [Line Items]
Ordinary shares denominated	8,202
Preferred shares denominated	3,440
USD [Member] | New Retail International Pte Ltd. [Member]
Organization, Description of Business and Going Concern [Line Items]
Preferred shares denominated	5,002

v3.24.3

Organization, Description of Business and Going Concern (Details) - Schedule of Company and Subsidiaries	6 Months Ended
	Jun. 30, 2024	Aug. 29, 2022
Webuy Global Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Aug. 29, 2022
Percentage of effective ownership
Place of Incorporation	Cayman Islands
Fiscal Year	December 31
Principal Activities	Investment holding
New Retail International Pte Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Nov. 23, 2018
Percentage of effective ownership	100.00%	100.00%
Place of Incorporation	Singapore
Fiscal Year	December 31
Principal Activities	Community-oriented e-commerce platform
PT Webuy Social Indonesia [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	May 05, 2020
Percentage of effective ownership	95.00%
Place of Incorporation	Indonesia
Fiscal Year	December 31
Principal Activities	Community-oriented e-commerce platform
The Shopaholic Bear Pte Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Apr. 06, 2021
Percentage of effective ownership	100.00%
Place of Incorporation	Singapore
Fiscal Year	December 31
Principal Activities	Community-oriented e-commerce platform
Bear Bear Pte Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Nov. 02, 2021
Percentage of effective ownership	100.00%
Place of Incorporation	Singapore
Fiscal Year	December 31
Principal Activities	Retail business
Webuy Travel Pte. Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Nov. 15, 2022
Percentage of effective ownership	100.00%
Place of Incorporation	Singapore
Fiscal Year	December 31
Principal Activities	Sale of packaged-tour
PT Buah Kita Retail [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Oct. 23, 2023
Percentage of effective ownership	100.00%
Place of Incorporation	Indonesia
Fiscal Year	December 31
Principal Activities	Retail business
PT Webuy Travel Indonesia [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Oct. 23, 2023
Percentage of effective ownership	70.00%
Place of Incorporation	Indonesia
Fiscal Year	December 31
Principal Activities	Sale of packaged-tour
Webuy Advisory Pte Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incorporation Date	Feb. 02, 2024
Percentage of effective ownership	100.00%
Place of Incorporation	Singapore
Fiscal Year	December 31
Principal Activities	Management consultancy services

v3.24.3

Summary of Signification Accounting Policies (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Summary of Signification Accounting Policies [Line Items]
Revenue recognized	$ 1,829,730	$ 990,981
Sale of goods percentage	79.00%
Revenues percentage	100.00%	100.00%
Packaged-tour [Member]
Summary of Signification Accounting Policies [Line Items]
Revenues percentage	21.46%	21.99%

v3.24.3

Summary of Signification Accounting Policies (Details) - Schedule of Disaggregation Information of Revenues - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Percentage of total revenue	100.00%	100.00%
Total	$ 28,154,803	$ 24,400,212
Food and beverage [Member]
Disaggregation of Revenue [Line Items]
Product/Service Type	$ 14,341,959	$ 11,761,196
Percentage of total revenue	50.93%	48.20%
Fresh produce [Member]
Disaggregation of Revenue [Line Items]
Product/Service Type	$ 7,739,563	$ 7,053,085
Percentage of total revenue	27.49%	28.91%
Lifestyle and other personal care items [Member]
Disaggregation of Revenue [Line Items]
Product/Service Type	$ 24,881	$ 219,784
Percentage of total revenue	0.09%	0.90%
Packaged-tour [Member]
Disaggregation of Revenue [Line Items]
Product/Service Type	$ 6,040,684	$ 5,366,147
Percentage of total revenue	21.46%	21.99%
Insurance referral [Member]
Disaggregation of Revenue [Line Items]
Product/Service Type	$ 7,716
Percentage of total revenue	0.03%

v3.24.3

Summary of Signification Accounting Policies (Details) - Schedule of Revenues Classified by the Geographic areas - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenues classified by the geographic areas [Line Items]
Percentage of Total revenue	100.00%	100.00%
Total	$ 28,154,803	$ 24,400,212
Singapore [Member]
Revenues classified by the geographic areas [Line Items]
Revenues	$ 10,528,665	$ 10,743,266
Percentage of Total revenue	37.00%	44.00%
Indonesia [Member]
Revenues classified by the geographic areas [Line Items]
Revenues	$ 17,626,138	$ 13,656,946
Percentage of Total revenue	63.00%	56.00%

v3.24.3

Prepaid Expenses and Other Assets (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Prepaid Expenses and Other Assets [Abstract]
Paid deposit	$ 500,000	$ 500,000

v3.24.3

Prepaid Expenses and Other Assets (Details) - Schedule of Prepayment and Other Current Assets - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Prepayment and Other Current Assets [Abstract]
Prepayment	$ 3,601,197	$ 1,247,942
Advance to suppliers	4,527,778	2,349,615
Deposits	1,033,297	1,107,788
Other receivables	1,828,160	1,326,729
Total Prepaid expenses and other assets	$ 10,990,432	$ 6,032,074

v3.24.3

Note Receivable (Details) - USD ($)	Jun. 30, 2024	Jan. 05, 2024	Dec. 31, 2023	Nov. 09, 2023
Note Receivable (Details) [Line Items]
Note receivable	$ 75,000
Outstanding receivable balance	$ 2,575,000		$ 3,075,000
Unsecured Promissory Note [Member]
Note Receivable (Details) [Line Items]
Principal amount		$ 2,500,000		$ 3,000,000
Bears interest rate		3.00%		3.00%

v3.24.3

Leasehold Improvements and Equipment (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Leasehold Improvements and Equipment [Abstract]
Leasehold improvements and equipment	$ 130,629	$ 83,662
Purchased assets	159,908	564,333
Disposed assets	33,217
Certain loans acquired In transfer accounted carrying amount net	$ 249,905		$ 281,875

v3.24.3

Leasehold Improvements and Equipment (Details) - Schedule of Leasehold Improvements and Equipment - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	$ 1,444,870	$ 1,338,983
Accumulated depreciation	(547,583)	(442,444)
Leasehold improvements and equipment, net of accumulated depreciation	897,287	896,539
Motor Vehicles [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	509,705	465,111
Office equipment [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	74,500	26,462
Furniture and fittings [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	66,016	17,826
Computer [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross		43,949
Warehouse equipment [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	109,192	111,397
Machinery equipment [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	48,904	2,699
Leasehold improvements [Member]
Schedule of Leasehold Improvements and Equipment [Line Items]
Leasehold improvements and equipment, gross	$ 636,553	$ 671,539

v3.24.3

Right of Use Assets and Operating Lease Liability (Details) - USD ($) $ in Millions	Feb. 28, 2023	Jun. 30, 2024	Dec. 31, 2023
Right of Use Assets and Operating Lease Liability [Abstract]
Total rental fee (in Dollars)	$ 3.9
Weighted-average discount rate operating leases		6.00%	6.00%

v3.24.3

Right of Use Assets and Operating Lease Liability (Details) - Schedule of Information Pertaining to Lease Amounts Recognized - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Information Pertaining to Lease Amounts Recognized [Abstract]
Leasehold buildings	$ 3,636,498	$ 3,648,367
Accumulated amortization	(1,313,103)	(957,846)
ROU assets, net of accumulated amortization	$ 2,323,395	$ 2,690,521

v3.24.3

Right of Use Assets and Operating Lease Liability (Details) - Schedule of Operating Lease Costs - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Operating Lease Costs [Abstract]
Operating lease costs	$ 451,749	$ 221,369
Short-term lease costs	361,025	235,458
Total lease costs	812,774	456,827
Supplemental cash flow information:
Operating cash flows from operating leases	315,526	295,416
Right-of-use obtained in exchange for new operating lease liabilities		$ 3,045,610
Weighted-average remaining lease term (years):
Operating leases	1 year 11 months 15 days	5 years 14 days

v3.24.3

Right of Use Assets and Operating Lease Liability (Details) - Schedule of Weighted-Average Discount Rate for Operating Leases - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Weighted-Average Discount Rate for Operating Leases [Abstract]
2025	$ 797,973
2026	813,774
2027	829,971
2028	628,700
Total operating lease payment	3,070,418
Less: Imputed interest	(531,357)
Present value of operating lease liabilities	2,539,061
Operating lease liabilities – current	(664,444)	$ (708,953)
Operating lease liabilities – non-current	$ 1,874,617	$ 2,194,553

v3.24.3

Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Intangible Asset [Line Items]
Amortization expense intangible assets	$ 343,753	$ 226,406

v3.24.3

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Intangible Assets [Line Items]
Intangible assets, gross	$ 2,213,198	$ 2,273,242
Accumulated amortization	(1,336,689)	(1,022,062)
Intangible assets, net of accumulated amortization	876,509	1,251,180
Software [Member]
Schedule of Intangible Assets [Line Items]
Intangible assets, gross	71,553	73,494
Application development [Member]
Schedule of Intangible Assets [Line Items]
Intangible assets, gross	$ 2,141,645	$ 2,199,748

v3.24.3

Intangible Assets (Details) - Schedule of Estimates its Amortization Expense - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Estimates Its Amortization Expense [Abstract]
2025	$ 713,884
2026	162,625
Total amortization expense	$ 876,509	$ 1,251,180

v3.24.3

Other Current Liabilities (Details) - Schedule of Other Current Liabilities - USD ($)		Jun. 30, 2024	Dec. 31, 2023
Schedule of Other Current Liabilities [Abstract]
Accrued expenses	[1]	$ 1,166,279	$ 674,949
Advance from customers	[2]	3,128,563	3,434,075
Other payables	[3]	1,937,592	2,001,714
Total		$ 6,232,434	$ 6,110,738
[1] Accrued expenses mainly relate to staff-related expenses. [2] Advance payments from customers primarily refer to the prepayment made by customers for goods before their delivery. This arrangement involves customers paying upfront, ensuring a commitment to the purchase prior to receiving the products. [3] Other payables mainly include outstanding amounts owed to various non-trade vendors and value added tax (“VAT”) payables.

v3.24.3

Loans Payable (Details) - USD ($)				6 Months Ended
	Dec. 12, 2022	Jan. 06, 2022	Sep. 23, 2021	Jun. 30, 2024	Jun. 30, 2023	Jun. 18, 2024	May 27, 2024
Loans Payable [Abstract]
Loan facility amount	$ 200,000	$ 1,500,000	$ 1,000,000
Interest rate percentage	0.00%	6.00%	6.00%
Short term loan						$ 100,000	$ 100,000
Interest expense loans				$ 29,380	$ 87,945

v3.24.3

Loans Payable (Details) - Schedule of Loans Payable - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Loans Payable [Line Items]
Short-term loan, Net	$ 585,316	$ 717,193
Less current portion	(407,115)	(512,435)
Long-term loans payable	178,201	204,758
Hire purchases - Motor Vehicle [Member]
Schedule of Loans Payable [Line Items]
Short-term loan, Gross	221,048	248,768
Term loan I [Member]
Schedule of Loans Payable [Line Items]
Short-term loan, Gross		154,195
Term loan II [Member]
Schedule of Loans Payable [Line Items]
Short-term loan, Gross		147,697
Short-term loan I [Member]
Schedule of Loans Payable [Line Items]
Short-term loan, Gross	162,135	166,533
Short-term loan II [Member]
Schedule of Loans Payable [Line Items]
Short-term loan, Gross	$ 202,133

v3.24.3

Related Party Transactions (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Related Party Transactions [Line Items]
Recorded amount due from shareholder amount	$ 25,244	$ 25,929
GBuy Global Pte Ltd [Member]
Related Party Transactions [Line Items]
Recorded amount due from shareholder amount	12,977	6,638
Webuy Talent Ltd [Member]
Related Party Transactions [Line Items]
Recorded amount due from shareholder amount	$ 10,734	$ 5,169

v3.24.3

Related Party Transactions (Details) - Schedule of Due to Related Party - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Schedule of Due to Related Party [Abstract]
Balance	$ 25,929	$ 25,336
Exchange difference	(685)	593
Balance	$ 25,244	$ 25,929

v3.24.3

Convertible Notes Payables (Details) - USD ($)		6 Months Ended		12 Months Ended
	May 06, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Convertible Notes Payables (Details) [Line Items]
Convertible notes payable		$ 1,136,980
Convertible interest rate				10.00%
Shares conversion (in Shares)	492,247
Accrued interest		50,163
Interest expenses		50,163
Investors [Member]
Convertible Notes Payables (Details) [Line Items]
Payments to other investors		$ 364,620
Convertible Notes Payable [Member]
Convertible Notes Payables (Details) [Line Items]
Convertible notes payable				$ 1,901,600
Convertible interest rate		10.00%
Class A ordinary shares [Member]
Convertible Notes Payables (Details) [Line Items]
Convertible notes payable		$ 400,000
Conversion price (in Dollars per share)		$ 0.4063
Shares conversion (in Shares)	492,247

v3.24.3

Equity (Details) - USD ($)			1 Months Ended
	May 15, 2024	May 02, 2024	Apr. 30, 2024	Jun. 30, 2024	May 06, 2024	Dec. 31, 2023
Equity (Details) [Line Items]
Ordinary stock, shares authorized				260,000,000,000		260,000,000,000
Ordinary stock, par value (in Dollars per share)				$ 0.000000385
Self-underwritten public offering	1,275,862		10,000,000
Offering related expenses (in Dollars)			$ 2,009,700
Ordinary shares issued				61,571,956	61,571,956	52,381,600
Ordinary shares outstanding				61,571,956	61,571,956	52,381,600
Class A Ordinary Shares [Member]
Equity (Details) [Line Items]
Ordinary stock, par value (in Dollars per share)	$ 0.29
Self-underwritten public offering		6,930,000
Share issued					984,494
Common Stock [Member]
Equity (Details) [Line Items]
Offering related expenses (in Dollars)			$ 370,000
Public Offering [Member]
Equity (Details) [Line Items]
Ordinary stock, par value (in Dollars per share)		$ 0.29

v3.24.3

Income Tax (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Income Tax [Line Items]
Income tax rate	17.00%
Tax losses carry forwards (in Dollars)	$ 8,596,330		$ 8,596,330
Singapore [Member]
Income Tax [Line Items]
Income tax rate	17.00%	17.00%
Indonesia [Member]
Income Tax [Line Items]
Income tax rate	22.00%	22.00%
Cayman Islands [Member]
Income Tax [Line Items]
Statutory tax rate	0.00%

v3.24.3

Income Tax (Details) - Schedule of Reconciliation of the Expected Income Tax Benefits to the Actual Income Tax Provision - USD ($)		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Schedule of Reconciliation of the Expected Income Tax Recovery to the Actual Income Tax Recovery [Abstract]
Net loss before income taxes		$ (2,940,528)	$ (3,673,984)
Income tax benefits attributable to net income at Singapore statutory rate of 17%	[1]	(499,890)	(624,577)
Effect of different tax rates in other jurisdictions		(44,563)	(54,696)
Non-deductible expenses		166,923	89,088
Singapore tax exemption or non-taxable income			(7,981)
Unrecognized deferred tax asset		377,530	598,166
Total tax provision
[1] The Company has reconciled to the Singapore corporate income tax rate of 17% to reflect the location of the Company’s operating activities and rather than reconciling to Cayman Islands statutory tax rate of 0%.

v3.24.3

Income Tax (Details) - Schedule of Reconciliation of the Expected Income Tax Benefits to the Actual Income Tax Provision (Parentheticals)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Reconciliation of the Expected Income Tax Recovery to the Actual Income Tax Recovery [Abstract]
Statutory rate	17.00%	17.00%

v3.24.3

Income Tax (Details) - Schedule of Components of the Deferred Tax Assets - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Components of the Deferred Tax Assets [Abstract]
Tax loss carry forwards	$ 11,236,110	$ 10,358,050
Deferred tax assets	2,138,399	1,760,869
Valuation allowance	(2,138,399)	(1,760,869)
Total deferred tax assets, net

v3.24.3

Concentrations and Risks (Details)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Customer Concentration Risk [Member] | Other Customer [Member] | Revenue [Member]
Concentrations and Risks (Details) [Line Items]
Concentration risk percentage	10.00%	10.00%
Customer Concentration Risk [Member] | Other Customer [Member] | Accounts Receivable [Member]
Concentrations and Risks (Details) [Line Items]
Concentration risk percentage	10.00%
Supplier Concentration Risk [Member] | Purchases [Member] | Supplier [Member]
Concentrations and Risks (Details) [Line Items]
Concentration risk percentage	10.00%	10.00%
Supplier Concentration Risk [Member] | Accounts Payable [Member] | Supplier [Member]
Concentrations and Risks (Details) [Line Items]
Concentration risk percentage	10.00%

v3.24.3

Concentrations and Risks (Details) - Schedule of Concentration Accounts Payable - Supplier Concentration Risk [Member] - Accounts Payable [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Company A [Member]
Schedule of Concentration Accounts Payable [Line Items]
Concentration on accounts payable	$ 2,077,160	$ 2,170,312
Concentration on accounts payable percentage	17.70%	19.60%
Company B [Member]
Schedule of Concentration Accounts Payable [Line Items]
Concentration on accounts payable	$ 1,578,482	$ 1,222,103
Concentration on accounts payable percentage	13.50%	11.10%
Company's [Member]
Schedule of Concentration Accounts Payable [Line Items]
Concentration on accounts payable	$ 3,655,642	$ 3,392,415
Concentration on accounts payable percentage	31.20%	30.70%

v3.24.3

Concentrations and Risks (Details) - Schedule of Concentration Accounts Receivable - Customer Concentration Risk [Member] - Accounts Receivable [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Company A [Member]
Schedule of Concentration Accounts Receivable [Line Items]
Concentration on sales amount	$ 908,334	$ 1,337,859
Concentration on sales percentage	9.50%	13.20%
Customer [Member]
Schedule of Concentration Accounts Receivable [Line Items]
Concentration on sales amount	$ 908,334	$ 1,337,859
Concentration on sales percentage	9.50%	13.20%

v3.24.3

Subsequent Events (Details) - Subsequent Event [Member]	Jul. 26, 2024 USD ($) $ / shares
Subsequent Events [Line Items]
Convertible loan | $	$ 2,400,000
Commitment fee | $	$ 70,000
Ordinary shares percentage	150.00%
Conversion price | $ / shares	$ 0.029
Senior Convertible Note [Member]
Subsequent Events [Line Items]
Maturity date	24 years
IPO [Member]
Subsequent Events [Line Items]
Price per share | $ / shares	$ 0.213

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