WeCommerce Holdings Ltd.
WeCommerce Holdings Ltd.
Sector: Financial
Description
WeCommerce Holdings Limited buys and invests in the companies that are a part of the Shopify Partner ecosystem.
Its family of companies include:
• Pixel union: An apps, themes, and service provider to Shopify platform
• Out of the sand box: Sells top themes for Shopify.
• Yopify: It provides ecommerce applications to help increase sales, conversions, and provide a better customer experience.
• SuppleApps: The company builds handcraft apps and work along the Shopify platform all the applications are mobile friendly and work perfectly on tablets.
• Rehash: The firm says Rehash provides Shopify merchants with award winning design and superior technology in the form of reliable products services and support.
• FourSixty: It is a leading shoppable Instagram platform.
In addition to this, Stamped provides an AI powered ecommerce marketing platform that enables the businesses to make meaningful connection with their customers and keep them engaged through rewards and coupons.
WeCommerce aims at acquiring the organically growing businesses with sustainable profitability and customers retention.
The company requires a quick summary of the business’s metrics, team and history and makes an offer within seven days with an upfront cash if they are interested in buying out.
This eCommerce technology holding company claims to provide huge valuation services for the clients, holding companies for long term, provides a simple structure and upfront cash. In addition, it lets the companies to operate flexibly without mandating a change in their culture, and completing the process in 30 days reportedly.
In June 2020, the firm acquired FourSixty Inc. The company’s growing portfolio of Shopify-related enterprises incorporated FourSixty that has been operating alongside world’s most popular direct-to-consumer brands like Fashion Nova, Knix, Pura Vida Bracelets, MVMT Watches, Skims and Mejuri.
WeCommerce says it targets businesses within the Shopify ecosystem as it trust the Shopify platform greatly.
This eCommerce technology holding enterprise started trading on the TSX Venture Exchange on December 14, 2020 under the symbol ‘WE’.
Prior to the listing, WeCommerce entered into a definitive agreement with a capital pool company (CPC), Branchium Capital Corp for its reverse takeover on November 25, 2020.
The publicly traded company also publishes investor related documents and information like financial reports and share prices on the official website.
Peers
FFH
Fairfax Financial Holdings Ltd
EQB
Equitable Group Inc
ELXR
Elixxer Ltd.
MIT
The Mint Corporation.
LIF
Labrador Iron Ore Royalty Corporation
WTE
Westshore Terminals Investment Corp
DELX
Delphx Capital Markets Inc
CFP
Canfor Corp
NA
National Bank of Canada
URC
Uranium Royalty Corp.
HCG
Home Capital Group Inc
MPT
Midpoint Holdings Ltd.