WeShop Holdings Limited Reviews 979

TrustScore 2.5 out of 5

2.7

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Review summary

Created with AI, based on recent reviews

Looking at 87 reviews, most reviewers were unhappy with their experience overall. Many customers expressed significant frustration regarding their inability to withdraw funds or sell shares, with some waiting over two years. They frequently mentioned issues with the company changing terms and conditions, leading to accounts being closed due to inactivity and accumulated shares being lost. Some people were dissatisfied with the company's communication, stating that updates were unclear or misleading, especially concerning the timeline for shares to be listed and available for withdrawal. Reviewers also noted problems with the app and website, including accounts being deactivated or not recognized, and a general lack of helpful support when trying to resolve these issues.

What people talk about most

Website

Customers had ambiguous experiences with the website. Many reviewers report that their accounts have been... See more

Price

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

Payment

Clients express significant frustration regarding payment issues, particularly the inability to withdraw... See more

Subscription

Users describe negative interactions with subscription terms. Many customers report that the company changed... See more

Application

People report negative experiences with the app. Many consumers describe it as unreliable and a waste of... 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

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

Rated 1 out of 5 stars

£750 worth of shares that I have had in my account for over two and a half years and I cannot sell them as they still are not on a ‘stock exchange’ and they have not had a formal update about it sin... 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

2.7

Poor

TrustScore 2.5 out of 5

979 reviews

5-star
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1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Hasn’t replied to negative reviews

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Rated 2 out of 5 stars

Would avoid until they are able to payout

Disappointed in this company. Looks great on paper however their promotions are misleading. When I signed up 2 years ago I was told you would be able to cash your shares in after a year. I now have £2.5k in shares however am unable to get the payout until they find a buyer on the shares market. As this keeps getting delayed I am unsure whether this will ever happen. Until it does I have stopped using this app and have gone back to using other cashback apps. I do not hold out much hope.

19 September 2024
Unprompted review
Rated 5 out of 5 stars

Amazing

Amazing, so pleased my daughter told me about this.

16 September 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Linda, we are glad you are enjoying WeShop!

Rated 1 out of 5 stars

Lol you aint gonna get nothing from…

Lol you aint gonna get nothing from this company. Constant delays. Its a model that has failed for a decade and they hide this fact. You aint gonna get anything so just switch to a usual cashback site. This shareback doesnt even make sense

11 September 2024
Unprompted review
Rated 5 out of 5 stars

Easy yo use App

Easy yo use App, very quick transactions..

4 September 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Andrew, we are pleased you are enjoying WeShop!

Rated 1 out of 5 stars

In talks with my lawyer

Wouldn’t even give 1 star!!! False advertising and manipulative cohesive emails, encouraging users to make sales through them when they cannot even facilitate what they advertise. Shareback that has no means of getting back. A certificate of your shares…where you can’t sell anywhere or wait to be listed on a stock exchange! As far as I’m concerned you have breeched multiple conditions of consumer law and I will be taking this further. Just watch this space.

3 September 2024
Unprompted review
Rated 2 out of 5 stars

Still unsure whether anything will come…

Still unsure whether anything will come of this. Details are sketchy and the date for release of information and company put on stock exchange is always put back. Feel like this is a massive con at this stage but hopefully I’m proved wrong. Have noticed it’s not being promoted by “influencers” anymore which may be a big clue it’s been a waste of time!

31 August 2024
Rated 5 out of 5 stars

Dealt with with query quickly

Dealt with with query quickly. Really enjoy using this app to get my purchases.

31 August 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

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

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.

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