WEMAKEPRICE
WeMakePrice launched in Seoul in 2010 as a daily-deals social-commerce platform. It connects online merchants with consumers across fashion, food, goods and travel, and earns money from commissions and advertising. It raised about $86M in 2015 at a reported valuation of roughly $2B, and Singapore-based Qoo10 acquired it in 2023. In July 2024 it failed to settle payments with sellers (the Tmon-WeMakePrice crisis, about 1.2 trillion won in unsettled claims), entered court receivership, and was reported bankrupt in Nov 2025.
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