Weee! Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Weee! is a online Asian grocery delivery platform that offers a wide variety of products from all over Asia. The company was founded in 2015 by Larry Liu, a Chinese-American entrepreneur who saw a need for a more convenient way to buy Asian groceries. Weee! offers next-day delivery in major metropolitan areas, and it also ships to all 50 states. The company has raised over $1 billion in funding from investors such as Sequoia Capital, DST Global, and SoftBank. Weee!'s mission is to make it easy for people to enjoy the best of Asian cuisine. The company's app and website offer a wide variety of products, including fresh produce, meat, seafood, dairy, frozen foods, and prepared meals. Weee! also offers a variety of Asian-inspired products, such as sauces, noodles, and snacks. Weee!'s business model is based on a subscription service. Customers can sign up for a monthly subscription, which gives them unlimited access to Weee!'s products. Weee! also offers a variety of one-time purchase options. Weee! is a rapidly growing company. The company has over 1 million active customers, and it is expanding its operations to new cities. Weee! is also investing in new technologies, such as artificial intelligence and machine learning, to improve its operations and customer experience.
Keywords
Keywords
Classified
Private