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
- SectorsRetail
- Website front.wemakeprice.com/main
- Social LinkedIn Facebook
- Acquired by Qoo10 (Apr 2023)
- Legal Name Wemake Co., Ltd.
Products & Services of Wemakeprice
Wemakeprice offers a comprehensive portfolio of products and services, including Shopping Platform and Coupon Service.
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 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 $85.0M
- Total Rounds 1
- Last Round Angel Round β $85.0M
- First Round $85.0M
(Aug 2015)
- Investors Count 1
All 1 funding rounds of Wemakeprice with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2015 | $85.0M | Angel Round | $2.0B | Kim Jung-ju | β |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2015 | $2.0B | β’β’β’β’β’β’β’β’ |
Last known valuation $2.0B (Aug 2015). 2 investors in total: 1 institutional and 1 angel.
Investors in Wemakeprice
Wemakeprice has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Qoo10 and Kim Jung-ju.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KJ Kim Jung-ju | - | – | unknown_69d4818f3b1447cba | - |
Multi-category consumer products are sold via an online marketplace. | 2010 | qoo10.com | Singapore, Singapore |
Investor details for Wemakeprice
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Wemakeprice
1 people are tracked at Wemakeprice (1 in leadership).
| Name | Role | Group |
|---|---|---|
Hwahyeon Ryu | CEO | Leadership |
Complete people profiles for Wemakeprice
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wemakeprice
4 dated milestones of Wemakeprice across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Wemakeprice is founded.
- Funding First funding round of $85.0M.
- Milestone Reaches Unicorn status.
- Exit Acquired by Qoo10.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamremited.com | 2023 | Seoul, South Korea | $139,679 | – | Online platform offering receipt based rewards, cashbacks, and deals for multi-category products and services | |
| lotiple.com | 2011 | Seoul, South Korea | $1.7M | – | Real-time location based commerce platform | |
| giftiween.com | 2018 | Seoul, South Korea | – | – | Online marketplace for purchasing discounted gift cards and deals. | |
| qualiet.com | 1982 | Meise, Belgium | – | 1 | An online platform that offers reward points for multi-category products purchased from offline stores. | |
| australiannaturalproteins.com.au | 2016 | Mordialloc, Australia | – | – | Provides high-quality sports supplements and clothing for fitness enthusiasts. | |
| onepleone.com | 2020 | Seoul, South Korea | – | – | An app-based platform providing deals and discounts for various products. | |
| varccoin.com | 2018 | Gwangju, South Korea | – | – | Online platform for slot games offering bonuses and secure transactions. | |
| triplestreet.co.kr | 2015 | Incheon, South Korea | – | – | Operates an online platform offering various coupons for shoppers. |
Detailed competitors of Wemakeprice
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wemakeprice
The website of Wemakeprice (wemakeprice.com) receives about 51.7K visits a month.
- Monthly visits51.7K
▼ 32.7% vs previous month
Websites whose visitors overlap most with Wemakeprice. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tmon.co.kr | 100% | 115.2K | #379,483 | View details | |
| coupang.com | 79% | 279.2M | #108 | View details | |
| 11st.co.kr | 70% | – | #1,401 | View details | |
| gmarket.co.kr | 66% | 56.5M | #602 | View details | |
| ssg.com | 66% | 56.4M | #988 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Wemakeprice
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Wemakeprice
Complete news archive for Wemakeprice
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Wemakeprice
10 companies that operate in the same segment as Wemakeprice (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 886 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Online group-buying platform offering coupons for multi-category products and services | 2010 | Beijing, China | USD 9.86 B | USD 47.13 B | – | |
Online platform for discovering and booking hotel accommodations at discounted prices | 2016 | San Francisco, California, United States | USD 226.3 M | – | – | |
Promotion-based circulars are digitized for retailers via an app-based solution. | 2006 | Toronto, Ontario, Canada | USD 78 M | – | 358 | |
Cashback is provided on multi-category products through an app-based platform. | 1997 | San Francisco, California, United States | – | USD 15.96 B | 29,330 | |
Cashback and coupon offers are provided for e-commerce shopping. | – | Gurugram, Haryana, India | USD 32.61 M | – | – | |
Honey is recognized for providing automatic coupons and deals online. | 2012 | Pasadena, California, United States | USD 9.8 M | – | – | |
Cashback is provided automatically through app on diverse purchases. | 2016 | Austin, Texas, United States | USD 87.36 M | – | 78 | |
Online platform offering rewards and cashback for multi-category products | 2014 | Singapore, Singapore | USD 331.7 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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
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. The company's 1st funding round was a Angel Round of $85M, raised on Aug 2015.
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 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.
Wemakeprice operates through Wemake Co., Ltd..
Yes. Wemakeprice was acquired by Qoo10 in April 2023.