WeShop's Market Entry: WeShop (WSHP) has launched a shopping app in the U.S. ahead of the 2025 holiday season, allowing users to earn equity through its ShareBack program, which converts purchases into company shares.
Retail Partnerships and Sales: The platform features partnerships with major brands like Bloomingdale's, Walmart, and Nike, offering access to over 1 billion products, and has already seen success with over $140 million in sales during its UK pilot.
Stock Performance and Investor Sentiment: Following its direct listing on Nasdaq, WeShop's stock experienced significant volatility, peaking at $250.00 shortly after its debut, and is viewed as a meme stock attracting retail investor interest.
Analyst Ratings: Despite the excitement, Seeking Alpha analyst has issued a Strong Sell rating on WSHP, indicating caution amidst the hype surrounding the stock.
WeShop Holdings Limited is a shoppable social network offering shoppers a loyalty program where they are given the ability to earn WePoints every time they make a purchase, or refer a new user that earns WePoints, which are eventually converted into ordinary shares in WeShop. It has partnered with Influencers, sponsored an organization, Salford City, and developed a Founder Program to spread awareness of the platform. It offers hundreds of millions of products from over 500 retailers in the United Kingdom including eBay, Expedia, Boots, Selfridges and Marks & Spencer to its community daily. It has partnered with affiliate networks that enable access to over 500 United States retailers including Walgreens, Sams Club, Bloomingdales, Kitchen Aid, Samsung, StubHub and Best Buy. Its platform allows its users to recommend any of the hundreds of millions of products available to their friends and across the network by writing reviews and uploading their own content in picture or video format.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
