WeShop Latest Update: December 2024
Read the latest updates from WeShop on our progress to listing on a public exchange: https://we.shop/wshp-update-timeline/
We are pleased to announce the following progress since the previous update.
Following direction from our advisors, we are unable to disclose any details with regards to a listing on any recognised investment exchange; until paperwork has been formally submitted. At this point, we will be able to publicly announce the submission.
WeShop partnered with 1,500+ retailers across the US, Canada & Australia including Walgreens, Walmart, Macy’s, Sam’s Club, Best Buy, Levi’s, Kohl’s.
Dynamic Shareback rates by retailer from 1st January 2025, we will provide more information on this soon.
Multi-territory platform in final stages of testing with quality assurance.
System security penetration tests have been successfully completed by an independent company.
We are working with UK tax advisors to clarify the expected tax position for user’s shares.
WeShop has continued to engage with Spring Investment Management to establish a user-friendly process to enable digital receipt of user shares, without the need for paper share certificates. We are also working with Spring to define any minimum or maximum amounts of shares to be received into user’s accounts.
To make sure you’re always kept up to date with the latest information from WeShop, please make sure you have enabled your appropriate communication settings (email & push notifications) to be made aware when the relevant updates are announced.
Read the FAQ on Managing your Communication Preferences
We appreciate the continued patience and support from our loyal members, we would like nothing more than to give you a detailed update, but we have to act within the regulatory parameters that our professional advisors have told us we must adhere to.
We continue to “work our socks off” (official legal term!) to proudly create a platform where users of a community are receiving shares at zero investment cost for doing their online shopping at the same price, from the same retailers.
WeShop® is a shoppable social network allowing users to shop from hundreds of top retailers whilst also allowing its community to recommend products and services to each other whilst receiving Shareback – a unique, dynamic and disruptive loyalty reward of actual shares in the WeShop® business. WeShop® have pledged to gift the majority of the company to its community as a reward for transactional activity via the platform. It is the firm belief that the community creates value in any social platform and should be rewarded for their usage through ownership, for free.
This Is How® WeShop®, This is How® we ShareBack® and This is How® we make WeShop® yours.
WeShop® does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up. WeShop® is a trading name of WeShop Holdings Limited. Registered Office: Mandar House, 3rd Floor, Johnsons Ghut, Tortola, British Virgin Islands. If you wish to participate in our referral scheme, you must declare this as an advertisement.
We are pleased to announce the following progress since the previous update.
Following direction from our advisors, we are unable to disclose any details with regards to a listing on any recognised investment exchange; until paperwork has been formally submitted. At this point, we will be able to publicly announce the submission.
WeShop partnered with 1,500+ retailers across the US, Canada & Australia including Walgreens, Walmart, Macy’s, Sam’s Club, Best Buy, Levi’s, Kohl’s.
Dynamic Shareback rates by retailer from 1st January 2025, we will provide more information on this soon.
Multi-territory platform in final stages of testing with quality assurance.
System security penetration tests have been successfully completed by an independent company.
We are working with UK tax advisors to clarify the expected tax position for user’s shares.
WeShop has continued to engage with Spring Investment Management to establish a user-friendly process to enable digital receipt of user shares, without the need for paper share certificates. We are also working with Spring to define any minimum or maximum amounts of shares to be received into user’s accounts.
To make sure you’re always kept up to date with the latest information from WeShop, please make sure you have enabled your appropriate communication settings (email & push notifications) to be made aware when the relevant updates are announced.
Read the FAQ on Managing your Communication Preferences
We appreciate the continued patience and support from our loyal members, we would like nothing more than to give you a detailed update, but we have to act within the regulatory parameters that our professional advisors have told us we must adhere to.
We continue to “work our socks off” (official legal term!) to proudly create a platform where users of a community are receiving shares at zero investment cost for doing their online shopping at the same price, from the same retailers.
About WeShop®:
WeShop® is a shoppable social network allowing users to shop from hundreds of top retailers whilst also allowing its community to recommend products and services to each other whilst receiving Shareback – a unique, dynamic and disruptive loyalty reward of actual shares in the WeShop® business. WeShop® have pledged to gift the majority of the company to its community as a reward for transactional activity via the platform. It is the firm belief that the community creates value in any social platform and should be rewarded for their usage through ownership, for free.
This Is How® WeShop®, This is How® we ShareBack® and This is How® we make WeShop® yours.
Notes
WeShop® does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up. WeShop® is a trading name of WeShop Holdings Limited. Registered Office: Mandar House, 3rd Floor, Johnsons Ghut, Tortola, British Virgin Islands. If you wish to participate in our referral scheme, you must declare this as an advertisement.
Updated on: 20/12/2024