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Stock impact report

Webuy Announces Strategic Expansion into Insurance Referral Program [Yahoo! Finance]

WEBUY GLOBAL LTD. (WBUY) 
Company Research Source: Yahoo! Finance
retailer, today announced its strategic expansion into an insurance referral program to deliver insurance solutions to markets across Asia. By leveraging its "One on One Match" service, Webuy's insurance referral program pairs each customer with an insurance specialist, who will tailor product recommendations to meet the client's unique needs. Customers can access hundreds of insurance products spanning health, life, property, travel, and more, through Webuy's partnership with a leading insurance broker in Singapore. The insurance referral program incentivizes Webuy's Group Leaders to promote insurance products and drive referrals within their communities. In turn, Group Leaders earn referral fees based on successful referrals, customers gain access to discounted policies, and insurance partners benefit from lower acquisition costs and higher retention through community engagement. Vincent Xue Bin, Chief Executive Officer and Co-Founder of Webuy, commented, "Our mission has alwa Show less Read more
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