Buy to share online store’s web wealth
AN online shop that rewards its customers with shares in the company has been launched.
The WeShop platform allows shoppers to buy goods from chains including ASOS, The Body Shop, Boots and Currys – and returns 20% of the price in WeShop shares.
The British firm’s aim is for customers to hold 90% of its shares and list them on the Nasdaq stock exchange in New York.
The deal would give £30 of shares to the average adult web shopper who spends £150 a month.
Chairman Richard Griffiths said: “While we’ve seen the dramatic growth of online shopping platforms, none of them are designed to benefit the people who keep them going, the shoppers.”