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Weee!

Weee!

Weee! is an Asian and Hispanic grocer in North America, founded by Larry Liu.

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Contents

sayweee.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Online Grocery
Online Grocery
Mobile commerce
Mobile commerce
Social commerce
Social commerce
E-commerce
E-commerce
Location
Fremont, California
Fremont, California
B2X
B2B
B2B
CEO
Larry Liu
Larry Liu
Founder
Larry Liu
Larry Liu
AngelList URL
angel.co/weee1
Pitchbook URL
pitchbook.com/profiles...158911-57
Legal Name
Weee! Inc.
Number of Employees (Ranges)
1,001 – 5,000
Email Address
pr@sayweee.com
Phone Number
+15103588300
+14102416000
Number of Employees
1,500
Full Address
Fremont, California 94538, US
Investors
VMG Partners
VMG Partners
DST Global
DST Global
XVC
XVC
Goodwater Capital
Goodwater Capital
iFly.vc
iFly.vc
Amino Capital
Amino Capital
Silicon Valley Bank
Silicon Valley Bank
SoftBank Vision Fund
SoftBank Vision Fund
...
Founded Date
2015
Total Funding Amount (USD)
863,800,000
Latest Funding Round Date
February 2022
Competitors
KitchenMate
KitchenMate
‌
MatHem
Gorillas
Gorillas
Zeptoh
Zeptoh
CFO
‌
Ankur Shah
Also Known As
Weee!, sayweee.com, Weee
Latest Funding Type
Series E
Series E
Wellfound ID
weee1

Other attributes

Company Operating Status
Active
Postmoney Valuation
4,120,000,000
Funding Round Investor
Lightspeed Venture Partners
Lightspeed Venture Partners
Latest Funding Round Amount (USD)
425,000,000

Established in 2015, Weee! is a social e-commerce company commercializing fresh Asian ingredients. The grocer is available in the San Francisco Bay Area, Los Angeles, Seattle, Portland, San Diego, and New York, and partners with local suppliers to deliver goods. The company has received funding from Goodwater Capital, iFly.vc, Silicon Valley Bank, Amino Capital, VMG, XVE, Welight Capital, and others

Platform

Weee! primarily serves Chinese Americans and focuses on the broader label of “Asian groceries.” The e-grocer spotlights regional foods, but does not categorize its assortment with labels like Chinese, Japanese and Korean, since there is some overlap with items.Grace Chan, vice president of product and growth at Weee!, states

I could name a couple of examples where I could call some foods items Taiwanese or Japanese. Weee! relies on word of mouth and user-to-user recommendations on social media and communication platforms like WeChat, Facebook, Twitter and Instagram to drive business.

The company's roughly 3,000 products are sourced from farmers, importers, distributors, and manufacturers in a similar way to offline grocers. Weee! offers free, scheduled delivery on orders over $35. The company states the average customer spends $250 per month on products. The e-grocer does not offer same-day delivery, pointing to cost savings and efficiencies with scheduled service and combining separate orders from a customer into one delivery.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
Link
Type
Date
No Further Resources data yet.

References

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