WeShop Holdings Limited Reviews 

984
TrustScore 2.5 out of 5

2.6

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Review summary

Created with AI, based on recent reviews

Evaluating 79 reviews, most reviewers were unhappy with their experience overall. Many customers reported significant issues with withdrawing funds or shares, often waiting years without success. Reviewers frequently mentioned that the company changed terms and conditions, leading to accounts being closed due to inactivity and the loss of accumulated shares. The app itself was often criticized for not working, and many felt misled by promises of earning money back through purchases. Conversely, a small portion of people felt that the app was easy to use for shopping and appreciated the concept of earning shares, despite the long waiting periods for potential payouts.

What people talk about most

Website

Clients share ambiguous opinions on the website, with some expressing disappointment and frustration. Many... See more

Payment

Customers consistently note negative experiences with payment, primarily expressing frustration over the... See more

Price

Reviewers highlight negative aspects of price, with many expressing significant dissatisfaction over the... See more

Subscription

Reviewers express significant dissatisfaction with subscription terms and account management. Many customers... See more

Application

Users describe negative interactions with the app, with many calling it a waste of time, useless, and... See more

Reviews shaping this summary

Rated 2 out of 5 stars

Waited over 2 years and 5 months and still getting same old message within you can’t withdrawal because it’s waiting for third parties ! I thought to trust WeShop from beginning as I thought it... See more

Rated 1 out of 5 stars

One thing you can bank on in modern western society is constant deceit - thought it seemed too good to be true at it's Inception, but ever the optimist gave it a go. Now, seeing zero benefit a c... See more

Rated 1 out of 5 stars

This company are a bunch of scam artists. This “shareback” scheme they offered basically used the customers to pump the price up of the shares when they went public, so their investors could sell ther... See more

Rated 1 out of 5 stars

Massive Scam. I started investing and purchasing through WeShop in 2022. After three years of being unable to sell my shares or do anything other than buy more, they quietly changed their terms and... See more


Company details

  1. Online Marketplace

Written by the company

WeShop® no longer responds to Trustpilot reviews. If you have any questions, please contact customer services (https://help.we.shop). WeShop® is a shoppable, social network, on a mission to be majority owned by its community. WeShop® is not a cashback site, and does not hold funds on behalf of its users. WeShop® users have the ability to earn Shareback® when shopping at over 500 supported retailers, and inviting their friends who make a purchase. For all updates, please refer to our News section on the website (www.we.shop) or read our Frequently Asked Questions here: (https://we.shop/wshp-update-timeline) WeShop Holdings Limited is registered in the British Virgin Islands. Company registration number: 2046056.


Contact info

2.6

Poor

TrustScore 2.5 out of 5

984 reviews

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1-star

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Hasn’t replied to negative reviews

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2.6

All reviews

(984)

75 reviews in the last 12 months

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Rated 2 out of 5 stars

IPO delayed again.

IPO delayed again.. goalposts keep moving, this time from september 2024 to Q4 2024. Until then, any "shares" are worthless. I have gone back to using another company to earn cashback instead of "shares" as they are guaranteed and paid out quickly. I will keep the app and start using weshop again once I know that shares can actually be sold otherwise seems pretty pointless. Also surprised at so many positive reviews when the platform isn't fully operational.

27 August 2024
Unprompted review
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Andrea,

Sorry to hear about your disappointment. It has always been the intention for the company to be listed to allow people to sell the shares they have received at no cost on a public market.

The cashback sites are great if this is what you want but obviously WeShop is totally different.

In the interests of fairness it would be great for you to reply to this message stating how much your shares are worth compared to how much you have spent as we can then compare this to cashback rates.

The platform is fully operational so we are confused regarding this point.

With regards to the positive reviews we are more concerned that a platform such as Trustpilot which is a paid platform allows libelous and damaging comments to be published even when proof has been supplied against the damaging claims in some of the posts. We are reviewing whether we wish to be affiliated with trustpilot.

We hope you have seen the recent updates and there is a new community section in the app for you to see updates. If you have any further questions though please don’t hesitate to contact us.

Rated 1 out of 5 stars

Have waited patiently for the past few…

Have waited patiently for the past few years. September is fast approaching when they said they would aim to be going live on the stock market. No update to members. 99% sure this is a scam now....

27 August 2024
Unprompted review
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi there,

Please read our update as of August 2024 here: https://help.we.shop/en/article/weshop-community-update-aug-2024-8qji7m/

Rated 2 out of 5 stars

Still nothing on Share Encashment.

Months down the line there’s still no way to realise any tangible benefit from Shareback.

Following the response from WeShop I have now read their update which confirms that their plans to list on a Stock Exchange has moved from Sept 2024 to Q4 2024. Not expecting that timetable to be achieved either.

It’s a great app and clearly shows how much value that members have built up over all their purchases. As to actually realising any of that value, you can check out any time you like, but you can never leave.

23 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Jan,

We posted an update to our members a few weeks ago in relation to our progress to list the business here: https://help.we.shop/en/article/weshop-community-update-aug-2024-8qji7m/

Rated 5 out of 5 stars

It was a pleasant surprise !

It was a pleasant surprise to find an app that actually does what it is supposed to do - impressive!

21 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Mo, thank you for your positive review! We are pleased you are enjoying WeShop.

Rated 1 out of 5 stars

Update your "shareholders"

I have hundreds of pounds sat waiting to be withdrawn.
In Feb 2024 they released a statement that funds would not be avaliable to withdraw until they were listed on the stockmarket, most likely to be in Sept 24
September is next week and there is still no update on how/when you can sell your shares for the money you've earned.
Whilst it's a great idea the actual running of the site is poor.
They have over promised and under delivered.
If we are able to sell our shares in Sept I will be shocked.
I've written off the money that I have sat in there as I've no faith that they will actually follow through.

If it is a legitimate business they would update their shareholders.
6 months and no update.

21 August 2024
Unprompted review
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Abigail,

We sent out a community update a few weeks ago, you can read it here: https://help.we.shop/en/article/weshop-community-update-aug-2024-8qji7m/

Rated 5 out of 5 stars

Brilliant range of shops

Brilliant range of shops, easy to work app, if you have any problems with purchases, it’s sorted out quickly and they keep you updated.

16 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Sarah, thank you for leaving a 5-star review. We are glad you are enjoying WeShop!

Rated 1 out of 5 stars

Everything takes so long.

Everything takes so long.

13 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi there,

We're not sure what you meant by this comment, we'd love you to add a few more details and hopefully our team can help you resolve the issue you're having.

Rated 5 out of 5 stars

I have just joined,with my first…

I have just joined,with my first purchase .brilliant, look forward to using we shop again as I shop on line a lot

15 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Joan, thank you for your positive review! We are pleased you are enjoying WeShop.

Rated 5 out of 5 stars

Super slick and easy

Super slick and easy. A great service that everyone should use.

11 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Chris, thank you for your positive review! We are pleased you are enjoying WeShop.

Rated 5 out of 5 stars

Ease of use

Ease of use, no obstacles to flounder over just simple and straightforward

9 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hey Dave, thank you for leaving a 5-star review. We are glad you are enjoying WeShop!

Rated 1 out of 5 stars

No idea how this works …

No idea how this works …. How is it good when I want to withdraw and I can’t ???? Not clear and not great to be honest

12 August 2024
Unprompted review
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Imelda,

Thanks for your review. We have since posted a corporate update on our helpdesk to help clear up any misinformation and help our members understand the direction we're taking:

https://help.we.shop/en/article/weshop-community-update-aug-2024-8qji7m/

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