WETO News

Webus International, which provides charter bus services and guided tours in China, announced terms for its IPO on Friday. The Hangzhou, China-based company plans to raise $20 million by offering 4 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Webus International would command a market value of $195 million. Webus provides cost-effective...read more

Webus International, which provides charter bus services and guided tours in China, filed on Friday with the SEC to raise up to $20 million in an initial public offering. Webus provides cost-effective mobility solutions with real-time AI-augmented online support and 24-7 itinerary management support through the VIE and subsidiary Wetour. The company offers commute shuttle services,...read more