WeShop Holdings Limited Class A Ordinary Shares

WeShop Holdings Limited will launch its community-owned shopping app in the United States on November 16, 2026, following a successful pilot in the United Kingdom. The app lets users shop from hundreds of leading retailers while earning ownership in WeShop through the ShareBack rewards program, targeting the $26 billion loyalty market by giving shoppers equity in the platform rather than traditional loyalty points. The launch is timed to coincide with the holiday shopping season. In other trading, Magazine Luiza rose 12.5% to close at R$7.46, while Microalliance Group fell 34.3% to end at $1.16. Adobe finished at $239.94, up 2.9%, Amazon.com closed at $249.15, up 1%, and NIKE settled at $35.40, down 1.2%.

WeShop Holdings Limited, the first community-owned social commerce platform, has appointed Chidi Achara as Chief Product Officer, effective September 1, 2026. Achara will oversee product strategy, roadmap, and user experience, integrating AI-native capabilities to deepen engagement as the company scales its shopping, sharing, and ownership model. He joins from Huge, where he served as Global Chief Product Officer, and previously held senior roles at Brain.ai and Stash, where he helped drive a $125 million Series G financing. CEO Maria Weaver said Achara's experience leading through major technology shifts makes him an exceptional addition to the leadership team.

WeShop Holdings Limited has been added to the Russell 3000 Index and the Russell Microcap Index as part of FTSE Russell's annual reconstitution, effective at the opening of U.S. markets today. The company, which describes itself as the first community-owned social commerce platform, gains automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. CEO Maria Weaver said the milestone reflects continued execution of the company's strategy and growing recognition of its market position, enhancing visibility among institutional investors. Approximately $12.2 trillion in assets are benchmarked against the Russell US indexes, which are widely used by investment managers and institutional investors.