Wemakeprice

Seoul, South Korea Founded: 2010 • Age: 16 yrs Acquired By Qoo10
Daily deals are facilitated via an online social commerce marketplace.
Annual revenue - Latest available
Total funding $85.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wemake Co., Ltd.
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    $44.79 M (USD)
    44
    as on Dec 31, 2022
  • EBITDA
    $43.64 M (USD)
    41
    as on Dec 31, 2022
  • Total Equity Funding
    $85 M (USD)

    in 1 rounds

  • Latest Funding Round
    $85 M (USD), Angel Round

    Aug 07, 2015

  • Investors
    Qoo10

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Qoo10

    (Apr 06, 2023)

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Products & Services of Wemakeprice

Wemakeprice offers a comprehensive portfolio of products and services, including Shopping Platform and Coupon Service.

Product name locked
Category locked
Primary

Online service for purchasing goods and accessing deals

Product name locked
Category locked
Locked

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 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.

Investors in Wemakeprice

Wemakeprice has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Qoo10 and Kim Jung-ju.

All
Angel
Investor Description Founded Year Domain Location

Kim Jung-ju

-
Locked Locked Locked
Multi-category consumer products are sold via an online marketplace.
Locked Locked Locked
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Investor details for Wemakeprice

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Investments & Acquisitions by Wemakeprice

Investments
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Investment portfolio details for Wemakeprice

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Financial Statements - Wemakeprice

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Detailed financials for Wemakeprice

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Wemakeprice Comparisons

Wemakeprice Primary company
Description
Daily deals are facilitated via an online social commerce ma...
Location
Seoul, South Korea
Founded Year
2010
Annual Revenue
Not available
Net Profit
$44.79 M (USD)
EBITDA
$43.64 M (USD)
Employees
Not available
Premium access

Peer comparison for Wemakeprice

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform offering receipt based rewards, cashbacks, and deals for multi-category products and services
Locked Locked Locked
Real-time location based commerce platform
Locked Locked Locked
Online marketplace for purchasing discounted gift cards and deals.
Locked Locked Locked
An online platform that offers reward points for multi-category products purchased from offline stores.
Locked Locked Locked
Provides high-quality sports supplements and clothing for fitness enthusiasts.
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Detailed competitors of Wemakeprice

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Latest news on Wemakeprice

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Complete news archive for Wemakeprice

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Frequently Asked Questions about Wemakeprice

Wemakeprice was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Wemakeprice is headquartered in Seoul, South Korea.

Wemakeprice is a funded company, having raised a total of $85M across 1 funding round to date.

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.

Wemakeprice's top competitors include REmited, Lotiple and Giftiween.

Wemakeprice offers Shopping Platform and Coupon Service.

Wemakeprice has 2 investors. Key investors include Qoo10, and Kim Jung-ju.

The valuation of Wemakeprice is $2B as of Aug 2015.

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