WeShop Holdings Limited, operating under the name WeShop, provides a distinctive social e-commerce platform. This platform is designed to incentivize users by offering rewards for their purchases of products from a wide array of brands, particularly those influenced by recommendations from their personal network. Users can then redeem these rewards as prizes, which have the flexibility to be withdrawn as cash or contributed to charitable causes. The platform boasts an extensive catalog covering diverse categories such as fashion and accessories, health and beauty, home and DIY goods, food and beverages, travel and holiday packages, and technology and electronics, among many others. The company was previously known as Boanerges Limited and is headquartered in Tortola, British Virgin Islands.
WeShop Added to Russell 3000® and Russell Microcap® Indexes
WeShop was added to the broad U.S. market Russell 3000 Index and the Russell Microcap Index, effective today, as part of FTSE Russell’s annual reconstitution.
Membership in the Russell 3000 ensures automatic inclusion in either the large-cap Russell 1000 or small-cap Russell 2000, enhancing visibility among institutional investors.
CEO Maria Weaver noted that the milestone reflects continued strategy execution and growing recognition of WeShop’s market position.