Wemakeprice - About the company
Wemakeprice is an acquired company based in Seoul (South Korea), founded in 2010. It operates as an Online social commerce marketplace for daily deals. Wemakeprice has raised $85M in funding, with last known valuation of $2B. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like REmited, Qualiet and Australian Natural Proteins.
Sectors and market segments that Wemakeprice operate in
Wemakeprice serves in the Retail market segments.The primary business model of Wemakeprice is:Company Details
Online social commerce marketplace for daily deals. It allows users to list their advertisements & deals across product categories including home decor, mom & baby care, fashion, digital goods and more. The company also provides deals for services like spas, travel, hotels and more.
- Website
- wemakeprice.com
Key Metrics
Founded Year
2010
Location
Seoul, South Korea
Stage
Acquired
Total Funding
$85M in 1 round
Latest Funding Round
Last Known Valuation
$2B as on Aug 17, 2015
Investors
Ranked
1st among 3 active competitors
Employee Count
381 as on May 31, 2026
Exit Details
Acquired by Qoo10 (Apr 06, 2023)
Legal entities associated with Wemakeprice
Wemakeprice is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Wemake Co., Ltd. CIN: 566-87-01096 , South Korea, Active | Sep 12, 2018 | - | - | - |
Wemakeprice's acquisition details
Wemakeprice got acquired by Qoo10 on Apr 06, 2023.
Click here to take a look at Wemakeprice's acquisition in detail
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Wemakeprice's funding and investors
Wemakeprice has raised a total funding of $85M over 1 round. Its latest funding round was a Angel round on Aug 07, 2015 for $85M. 1 investor participated in its latest round. Wemakeprice has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of Wemakeprice:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 07, 2015 | $85M | Angel | - | - | - |
View details of Wemakeprice's funding rounds and investors
Wemakeprice's founders and board of directors
Founder? Claim ProfileWemakeprice's employee count trend
Wemakeprice has 381 employees as of May 26. Here is Wemakeprice's employee count trend over the years:
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Wemakeprice's Competitors and alternates
Top competitors of Wemakeprice include REmited, Qualiet and Australian Natural Proteins. Here is the list of Top 10 competitors of Wemakeprice, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wemakeprice 2010, Seoul (South Korea), Acquired | Online social commerce marketplace for daily deals | $85M | - | 67/100 |
2nd | REmited 2023, Seoul (South Korea), Seed | Online platform offering receipt based rewards, cashbacks, and deals for multi-category products and services | $140K | 29/100 | |
3rd | Online platform offering reward points on multi-category products from offline stores | - | - | 24/100 | |
4th | Australian Natural Proteins 2016, Mordialloc (Australia), Unfunded | Online platform offering multi-category coupons & deals | - | - | 24/100 |
5th | Giftiween 2018, Seoul (South Korea), Deadpooled | Online platform for multi-category O2O deals | - | - | 19/100 |
6th | VARC 2018, Gwangju (South Korea), Deadpooled | Blockchain-based coupon solutions | - | - | 16/100 |
7th | Triple Street 2015, Incheon (South Korea), Deadpooled | Online platform offering coupons | - | - | 15/100 |
8th | Oneple One 2020, Seoul (South Korea), Deadpooled | App-based platform offering deals and discounts for multi-category products shopping | - | - | 15/100 |
Looking for more details on Wemakeprice's competitors? Click here to see the top ones
Wemakeprice's Investments and acquisitions
Wemakeprice has made no investments or acquisitions yet.
Reports related to Wemakeprice
Here is the latest report on Wemakeprice's sector:
News related to Wemakeprice
Media has covered Wemakeprice for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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Genesis BBQ to Acquire WeMakePrice "Reviewing Business Diversification"Bloter•Apr 09, 2025•bb.q, Wemakeprice
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Legal administrator of TMON, WeMakePrice files compensation suit against 3 executivesThe Korea Times•Mar 21, 2025•Wemakeprice, Tmon
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Qoo10 Online Shopping Platform Accused of Misappropriating 50 Billion Won in E-Commerce Payment Probe; TMON and WeMakePrice Also InvolvedLatestly•Sep 30, 2024•Qoo10, Tmon, Wemakeprice
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Tmon, WeMakePrice enter rehabilitation amid payment crisisKorea Herald•Sep 10, 2024•Tmon, Wemakeprice
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Unsettled payments of TMON, WeMakePrice triple to $613 millionThe Korea Times•Aug 21, 2024•Wemakeprice, Tmon
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Quten, Timon, and WeMakePrice merger in full swing Application for establishment of new corporationTime News•Aug 10, 2024•Wemakeprice, Qoo10
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Qoo10 seeks merger of embattled e-commerce subsidiaries TMON, WeMakePriceThe Korea Times•Aug 09, 2024•Qoo10, Tmon, Wemakeprice
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Troubled TMON and WeMakePrice Given One Month for Debt Restructuring by CourtKorea Bizwire•Aug 02, 2024•Tmon, Wemakeprice
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