About Wemakeprice
Wemakeprice is a company based in Seoul (South Korea) founded in 2010 was acquired by Qoo10 in April 2023.. Wemakeprice has raised $85 million across 1 funding round from investors including Qoo10 and Kim Jung-ju. Wemakeprice offers products and services including Shopping Platform and Coupon Service. Wemakeprice operates in a competitive market with competitors including REmited, Lotiple, Giftiween, Qualiet and Australian Natural Proteins, among others.
- Headquarter Seoul, South Korea
- Stage Unicorn
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wemake Co., Ltd.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wemakeprice
Wemakeprice offers a comprehensive portfolio of products and services, including Shopping Platform and Coupon Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for purchasing goods and accessing deals
Platform feature for applying discounts on products
Funding Insights of Wemakeprice
Wemakeprice has successfully raised a total of $85M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $85 million completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $85.0M
-
First Round
First Round
(07 Aug 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Angel Round - Wemakeprice | Valuation | Kim Jung-ju |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wemakeprice
Wemakeprice has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Qoo10 and Kim Jung-ju. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
KJ
Kim Jung-ju |
-
|
Founded Year | Domain | Location |
|
Multi-category consumer products are sold via an online marketplace.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wemakeprice
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Wemakeprice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wemakeprice Comparisons
Competitors of Wemakeprice
Wemakeprice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as REmited, Lotiple, Giftiween, Qualiet and Australian Natural Proteins, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering receipt based rewards, cashbacks, and deals for multi-category products and services
|
|
| domain | founded_year | HQ Location |
Real-time location based commerce platform
|
|
| domain | founded_year | HQ Location |
Online marketplace for purchasing discounted gift cards and deals.
|
|
| domain | founded_year | HQ Location |
An online platform that offers reward points for multi-category products purchased from offline stores.
|
|
| domain | founded_year | HQ Location |
Provides high-quality sports supplements and clothing for fitness enthusiasts.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wemakeprice
Frequently Asked Questions about Wemakeprice
When was Wemakeprice founded?
Wemakeprice was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is Wemakeprice located?
Wemakeprice is headquartered in Seoul, South Korea.
Is Wemakeprice a funded company?
Wemakeprice is a funded company, having raised a total of $85M across 1 funding round to date. The company's 1st funding round was a Angel Round of $85M, raised on Aug 07, 2015.
What does Wemakeprice do?
Wemakeprice was founded in 2010 in Seoul, South Korea, as an online social commerce platform. Advertisements and deals are listed by users across categories such as home decor, mom and baby care, fashion, and digital goods. Services including spas, travel, and hotels are also covered. Operations focus on e-commerce within the daily deals sector, serving users in South Korea.
Who are the top competitors of Wemakeprice?
What products or services does Wemakeprice offer?
Wemakeprice offers Shopping Platform and Coupon Service.
Who are Wemakeprice's investors?
Wemakeprice has 2 investors. Key investors include Qoo10, and Kim Jung-ju.
What is Wemakeprice's valuation?
The valuation of Wemakeprice is $2B as of Aug 2015.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.