Webus partners with Air China to provide premium chauffeur services and enhance travel benefits for PhoenixMiles members.
Quiver AI Summary
Webus International Limited has announced a strategic partnership with Air China, aiming to enhance travel services for over 60 million PhoenixMiles members by offering airport transfers and premium chauffeur services through its brand Wetour. CEO Nan Zheng highlighted that this collaboration expands Wetour's global reach and supports the company's vision of creating a Ripple-integrated travel ecosystem. The partnership plans to introduce XRP payment support for Air China's loyalty members, facilitating faster settlements and tokenized rewards linked to their memberships. This initiative represents a significant move towards connecting traditional airline loyalty programs with innovative Web3 travel solutions.
Potential Positives
- Webus International Limited has formed a strategic partnership with Air China, potentially reaching over 60 million members and passengers, significantly expanding Wetour's global service footprint.
- The partnership enables Webus to integrate blockchain technologies and XRP payment support into its services, enhancing customer experience with tokenized rewards and faster settlement.
- This collaboration positions Webus as a leader in innovating the travel industry through Web3 solutions, linking a substantial airline loyalty base with cutting-edge technology.
Potential Negatives
- Partnerships and future plans involving cryptocurrency and blockchain technology may raise concerns around regulatory compliance and market volatility, which could negatively impact investor confidence.
- The dependence on forward-looking statements indicates uncertainty in the company's ability to deliver on promised services and benefits, potentially undermining stakeholder trust.
- The lack of concrete information on how XRP payments will be integrated and its actual benefits may lead to skepticism about the practicality of the announced features.
FAQ
What is the new partnership announced by Webus International?
Webus International has signed a strategic partnership with Air China to provide premium chauffeur services to its passengers worldwide.
How many members does Air China have?
Air China has over 60 million PhoenixMiles members globally, who will benefit from the new services.
What services will Wetour provide to Air China passengers?
Wetour will offer airport transfers and premium chauffeur services to Air China passengers and members through this partnership.
What technology will Wetour support for payments?
Wetour plans to support XRP payments for Air China's PhoenixMiles members, enabling faster settlements and tokenized rewards.
What is the vision behind Webus's partnership with Air China?
The partnership aims to connect a large airline loyalty base with next-generation Web3 travel solutions, enhancing the travel experience.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
HANGZHOU, China, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced that it has signed a strategic partnership agreement with Air China Limited, a major international airline with over 60 million PhoenixMiles members worldwide.
Through this partnership, Webus’s travel service brand, Wetour, may provide Air China’s passengers and members worldwide with airport transfers and premium chauffeur services.
“This collaboration with Air China, with the potential to reach more than 60 million members and passengers, not only expands Wetour’s global service footprint but also accelerates our vision of building a Ripple-integrated travel ecosystem,” said Nan Zheng, CEO of Webus.
Looking ahead, Wetour plans to provide Air China’s PhoenixMiles members with access to its overseas platform with XRP payment support, enabling travelers to benefit from faster settlement, tokenized rewards, and blockchain-enabled vouchers directly tied to their membership benefits, subject to future business development and regulatory compliance. This marks a key step in connecting one of the world’s largest airline loyalty bases with the next generation of Web3 travel solutions.
About Webus International Limited
Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through an innovative Mobility-as-a-Service (MaaS) model, Webus delivers personalized transportation experiences with an extensive fleet of luxury vehicles and professional chauffeurs.
The Company’s flagship brand Wetour offers global airport transfers, intercity transportation, private guided tours, and luxury-chartered services for leisure and business travelers.
For more information, please visit https://ir.wetourglobal.com or https://www.wetourglobal.com .
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the company’s plans and expectations for its strategic partnership with Air China; availability, functionality and geographic rollout of XRP payments on Wetour; potential benefits of crypto-enabled settlement; user adoption; regulatory approvals and compliance; and the Company’s digital-asset management framework. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including market conditions, regulatory changes, technology integration timelines, and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), available at www.sec.gov . The Company undertakes no obligation to update forward-looking statements except as required by law. This release does not constitute an offer to sell or the solicitation of an offer to buy any security or digital asset.
Investor Relations Contact:
Annabelle Li
Investor Relations – Webus International Limited
Email: [email protected]
