- United States
- /
- General Merchandise and Department Stores
- /
- NasdaqGS:AMZN
E-Commerce Today - WeShop Redefines Retail with U.S. Social Commerce Expansion
Reviewed by Simply Wall St
WeShop, a pioneering social commerce platform, has entered the U.S. market following a successful debut on the Nasdaq. The company's app allows users to earn ownership in the platform through their purchases and referrals, transforming the traditional shopping experience with its ShareBack™ program. With partnerships including major brands like Bloomingdales, Walmart, and Nike, WeShop enables users to explore over 1 billion products while earning WePoints that can be converted into equity. This launch marks a significant development in the e-commerce sector by combining social interactions with shopping, positioning WeShop as a leader in community-driven retail innovation.
- NIKE (NYSE:NKE) last closed at $62.64 up 0.2%.
- Walmart (NYSE:WMT) last closed at $100.61 down 0.8%.
In other trading, La-Z-Boy (NYSE:LZB) was a standout up 20.2% and ending trading at $35.57. Two days ago, La-Z-Boy announced a 10% increase in its quarterly dividend, marking the fifth consecutive year of double-digit increases. In the meantime, Wix.com (NasdaqGS:WIX) softened, down 19.9% to close at $101.70, not far from its 52-week low. The company reported a third-quarter revenue increase but swung to a net loss, lowered its full-year revenue guidance, and completed a significant share buyback four days ago.
Best E-Commerce Stocks
- Amazon.com (NasdaqGS:AMZN) settled with no change at, $222.69. On Tuesday, Naturium's skincare products became available on Amazon Canada, marking the brand's first entry into the Canadian market.
- Alibaba Group Holding (NYSE:BABA) finished trading at $158.89 down 0.5%.
- Adobe (NasdaqGS:ADBE) finished trading at $318.11 down 2%, near its 52-week low. On Wednesday, Adobe announced a global partnership with HUMAIN to develop culturally-aware generative AI models and applications.
Key Takeaways
- Take a closer look at our E-Commerce Stocks list of 263 companies, such as JD Health International, Central Retail Corporation and eBay, by clicking here.
- Seeking Other Investments? Uncover 11 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About NasdaqGS:AMZN
Amazon.com
Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
Flawless balance sheet and undervalued.
Similar Companies
Market Insights
Community Narratives

