Core Insights - WeShop Holdings Limited has begun trading its Class A ordinary shares on the Nasdaq Capital Market under the ticker symbol "WSHP" and plans to launch its app in the U.S. market [1] - The company has established partnerships with major retailers in the UK, providing access to over 1.2 billion products and achieving over $140 million in sales during its UK pilot [1][5] Company Overview - WeShop is a pioneering social-commerce platform that allows users to earn ownership through shopping, creating a community-owned social shopping network [2][5] - The ShareBack™ Rewards Plan enables users to earn WePoints for shopping and referrals, which can be converted into shares of WeShop [2][5] Market Position - The global e-commerce market is projected to exceed $8 trillion by 2027, with social commerce expected to surpass $2 trillion by 2026, positioning WeShop at the intersection of these trends [3] - WeShop's model promotes a shift from a creator economy to an ownership economy, where every user can become an investor [3] Legal and Advisory Support - Kirkland & Ellis LLP served as U.S. legal counsel, while Harney Westwood & Riegels (BVI) LP acted as BVI counsel, and ThinkEquity provided advisory services for the direct listing [4] Future Plans - WeShop plans to launch its app in the U.S. with partnerships involving hundreds of retailers, further expanding its reach and user engagement [7]
WeShop® Debuts on Nasdaq Under Ticker “WSHP”, Ushering in a New Retail Revolution