What are the most valued startups in the social commerce market?
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In our social commerce market deck, you will find everything you need to understand the market
The social commerce market combines social media, creator influence, live video, messaging, and community-led shopping.
Our team updates this ranking every month to reflect new funding rounds, public market movements, acquisitions, and revised valuation estimates.
The list covers social commerce marketplaces, creator platforms, conversational commerce software, affiliate networks, and live-shopping infrastructure.
And if you want to better understand this new industry, you can download our pitch covering the social commerce market.
A quick summary table
| Metric | Value |
|---|---|
| Most valuable social commerce startup | Pinduoduo, $120.6B |
| Second most valuable social commerce startup | Xiaohongshu, $50.0B–$70.0B |
| Median social commerce startup valuation | Approximately $23M |
| Share of social commerce valuation captured by the top 10 | Approximately 97.7% |
| Top social commerce valuation vs. median | Approximately 5,243 times |
| Median valuation-to-capital-raised ratio | Approximately 3.4 times |
| Social commerce startups valued at $1B+ | 7 |

This market map, featured in our social commerce market deck, highlights top companies and startups in the social commerce market
Top startups in the social commerce market ranked by valuation
Here is an updated table that ranks the top startups in the social commerce market based on their latest reported or estimated valuations.
If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the social commerce market.
| # | Startup Name | What They Do | Current Valuation ($) | Valuation Confidence Level | Valuation Type | Evidence Status | Total Funding ($) | Funding Confidence Level |
|---|---|---|---|---|---|---|---|---|
| 1 | Pinduoduo | Social group-buying marketplace | $120.6B | Full Confidence | Public Market Cap | Observed | $5.8B | Partial Confidence |
| 2 | Xiaohongshu | Lifestyle social commerce community | $50.0B–$70.0B | Partial Confidence | IPO or Listing Range Valuation | Estimated | $928M | Partial Confidence |
| 3 | Whatnot | Live collectibles shopping marketplace | $11.5B | Full Confidence | Announced Private Round Valuation | Observed | $975M | Strong Confidence |
| 4 | Dewu | Authenticated sneaker marketplace | $8.0B–$12.0B | Partial Confidence | Comparables-Based Estimate | Estimated | $50M | Low Confidence |
| 5 | Meesho | Indian value ecommerce marketplace | $9.6B | Full Confidence | Public Market Cap | Observed | $1.6B | Partial Confidence |
| 6 | LTK | Creator commerce platform | $2.0B–$2.8B | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $315M | Full Confidence |
| 7 | Manychat | Social messaging automation platform | $900M–$1.3B | Strong Confidence | Implied Valuation from Raise | Implied | $163M | Full Confidence |
| 8 | DealShare | Community grocery group buying | $500M–$900M | Low Confidence | Proxy-Based Estimate | Estimated | $393M | Strong Confidence |
| 9 | Firework | Shoppable video commerce platform | $450M–$700M | Partial Confidence | Comparables-Based Estimate | Estimated | $235M | Partial Confidence |
| 10 | Super | Rural Indonesia social commerce | $350M–$650M | Partial Confidence | Implied Valuation from Raise | Implied | $106M | Partial Confidence |
| 11 | CommentSold | Live-selling commerce software | $300M–$500M | Partial Confidence | Comparables-Based Estimate | Estimated | $12M | Partial Confidence |
| 12 | NTWRK | Cultural livestream commerce platform | $250M–$400M | Low Confidence | Proxy-Based Estimate | Estimated | $60M | Full Confidence |
| 13 | CityMall | Small-city grocery commerce | $300M–$340M | Strong Confidence | Announced Private Round Valuation | Observed | $158M | Strong Confidence |
| 14 | Stan | Creator storefront monetization software | $220M–$300M | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | Not provided | Not provided |
| 15 | Mavely | Influencer affiliate commerce network | $250M | Full Confidence | Acquisition Value | Observed | $1M | Full Confidence |
| 16 | Palmstreet | Live shopping for collectors | $180M–$280M | Partial Confidence | Comparables-Based Estimate | Estimated | $25M | Partial Confidence |
| 17 | Evermos | Halal reseller commerce platform | $180M–$280M | Partial Confidence | Implied Valuation from Raise | Implied | $77M | Strong Confidence |
| 18 | FERMÀT | AI-powered commerce experience platform | $190M–$260M | Partial Confidence | Announced Private Round Valuation | Estimated | $74M | Strong Confidence |
| 19 | VideoShops | Creator-led shoppable content network | $170M–$280M | Partial Confidence | Implied Valuation from Raise | Implied | $42M | Partial Confidence |
| 20 | Tilt | AI-powered live auction marketplace | $175M–$225M | Strong Confidence | Implied Valuation from Raise | Implied | $47M | Strong Confidence |
| 21 | Nectar Social | Agentic social commerce platform | $150M–$250M | Strong Confidence | Implied Valuation from Raise | Implied | $41M | Full Confidence |
| 22 | Passes | Paid creator membership platform | $150M–$240M | Partial Confidence | Comparables-Based Estimate | Estimated | $67M | Partial Confidence |
| 23 | Wishlink | Creator storefronts and affiliate commerce | $120M–$220M | Strong Confidence | Implied Valuation from Raise | Implied | $28M | Full Confidence |
| 24 | WeShop | Community-owned social shopping network | $162M | Full Confidence | Public Market Cap | Observed | $2M | Low Confidence |
| 25 | Demand.io | AI commerce verification infrastructure | $100M–$140M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | Not provided | Not provided |
| 26 | SleekFlow | Omnichannel conversational commerce suite | $80M–$120M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $15M | Strong Confidence |
| 27 | Fourthwall | Branded commerce sites for creators | $70M–$120M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $17M | Strong Confidence |
| 28 | GlowRoad | Indian reseller commerce marketplace | $70M–$80M | Strong Confidence | Acquisition Value | Estimated | $30M | Full Confidence |
| 29 | YASO | China-focused commerce operating software | $55M–$95M | Strong Confidence | Implied Valuation from Raise | Implied | $16M | Partial Confidence |
| 30 | Raena | Beauty reseller commerce platform | $55M–$90M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $21M | Full Confidence |
| 31 | Simsim | Video-led Indian shopping platform | $70M | Strong Confidence | Acquisition Value | Observed | $18M | Strong Confidence |
| 32 | Drip | Collectibles livestream shopping marketplace | $45M–$75M | Partial Confidence | Comparables-Based Estimate | Estimated | $28M | Full Confidence |
| 33 | ShopShops | Cross-border luxury livestream shopping | $40M–$75M | Partial Confidence | Acquisition Value | Estimated | $64M | Strong Confidence |
| 34 | Etaily | Ecommerce operations for consumer brands | $45M–$65M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $24M | Strong Confidence |
| 35 | Amaze | Creator commerce and design tools | $40M–$70M | Low Confidence | Comparables-Based Estimate | Estimated | $7M | Partial Confidence |
| 36 | Kapu | Affordable community grocery commerce | $40M–$65M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $8M | Partial Confidence |
| 37 | Taager | Merchant social-commerce logistics | $35M–$55M | Partial Confidence | Implied Valuation from Raise | Implied | $14M | Strong Confidence |
| 38 | charles | WhatsApp commerce platform | $35M–$55M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $28M | Full Confidence |
| 39 | Spring | Creator merchandise storefront platform | $30M–$60M | Low Confidence | Acquisition Value | Estimated | $56M | Partial Confidence |
| 40 | MagicLinks | Influencer affiliate marketing platform | $25M–$50M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Strong Confidence |
| 41 | ShopThing | Personal-shopper livestream marketplace | $25M–$45M | Low Confidence | Comparables-Based Estimate | Estimated | $10M | Full Confidence |
| 42 | Supergreat | Beauty video review community | $20M–$40M | Low Confidence | Acquisition Value | Estimated | $29M | Strong Confidence |
| 43 | buywith | Video shopping infrastructure for brands | $20M–$35M | Partial Confidence | Comparables-Based Estimate | Estimated | $10M | Full Confidence |
| 44 | Storista | Shoppable video ecommerce widgets | $20M–$33M | Partial Confidence | Implied Valuation from Raise | Implied | $5M | Low Confidence |
| 45 | Leadsales | WhatsApp sales CRM | $20M–$32M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $4M | Strong Confidence |
| 46 | Woovly | Beauty-focused social commerce marketplace | $22M–$29M | Partial Confidence | Announced Private Round Valuation | Estimated | $5M | Partial Confidence |
| 47 | TalkShopLive | Livestream commerce network | $18M–$30M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $16M | Strong Confidence |
| 48 | Loupe | Sports-card livestream marketplace | $18M–$30M | Low Confidence | Comparables-Based Estimate | Estimated | $15M | Strong Confidence |
| 49 | BeLive Technology | Enterprise video-commerce software | $24M | Full Confidence | Public Market Cap | Observed | $18M | Partial Confidence |
| 50 | Desty | Omnichannel commerce management tools | $18M–$30M | Partial Confidence | Acquisition Value | Estimated | $13M | Partial Confidence |
| 51 | HYPD | Creator storefront commerce platform | $18M–$28M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $6M | Strong Confidence |
| 52 | BintanGO | Creator management and monetization | $16M–$26M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $5M | Strong Confidence |
| 53 | Gallabox | WhatsApp automation for SMBs | $16M–$24M | Partial Confidence | Implied Valuation from Raise | Implied | $5M | Strong Confidence |
| 54 | Markable AI | AI creator-commerce tools | $16M–$24M | Partial Confidence | Comparables-Based Estimate | Estimated | $14M | Partial Confidence |
| 55 | Bulbul | Live video commerce platform | $10M–$25M | Low Confidence | Acquisition Value | Estimated | $26M | Partial Confidence |
| 56 | Popshop Live | Creator livestream shopping marketplace | $10M–$25M | Low Confidence | Acquisition Value | Estimated | $24M | Strong Confidence |
| 57 | Bambuser | Live video shopping SaaS | $17M | Full Confidence | Public Market Cap | Observed | $37M | Partial Confidence |
| 58 | Coutloot | O2O social commerce marketplace | $12M–$22M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $19M | Low Confidence |
| 59 | Mall91 | Vernacular community commerce marketplace | $12M–$20M | Low Confidence | Comparables-Based Estimate | Estimated | $9M | Partial Confidence |
| 60 | LoudCrowd | Creator marketing automation software | $12M–$20M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $9M | Partial Confidence |
| 61 | TextYess | AI WhatsApp commerce automation | $12M–$19M | Strong Confidence | Implied Valuation from Raise | Implied | $3M | Strong Confidence |
| 62 | Stage3 | Creator-led fashion shopping marketplace | $10M–$20M | Low Confidence | Proxy-Based Estimate | Estimated | $7M | Strong Confidence |
| 63 | Sukhiba | WhatsApp conversational commerce CRM | $11M–$17M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $3M | Full Confidence |
| 64 | CreatorCommerce | Co-branded affiliate shopping funnels | $8M–$16M | Low Confidence | Comparables-Based Estimate | Estimated | Not provided | Not provided |
| 65 | Chilibeli | Community grocery group buying | $8M–$15M | Low Confidence | Acquisition Value | Estimated | $10M | Strong Confidence |
| 66 | Kiko Live | Digital storefronts for local retailers | $8M–$15M | Low Confidence | Proxy-Based Estimate | Estimated | $2M | Low Confidence |
| 67 | Anchor by Motom | White-label creator commerce storefronts | $7M–$15M | Low Confidence | Proxy-Based Estimate | Estimated | Not provided | Not provided |
| 68 | Elloe | Conversational commerce AI | $8M–$13M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 69 | Paage | AI creator commerce pages | $8M–$12M | Strong Confidence | Implied Valuation from Raise | Implied | $2M | Full Confidence |
| 70 | Trendio | AI-powered beauty shopping videos | $6M–$13M | Low Confidence | Comparables-Based Estimate | Estimated | $3M | Partial Confidence |
| 71 | Selly | Reseller social commerce marketplace | $7M–$12M | Low Confidence | Comparables-Based Estimate | Estimated | $3M | Full Confidence |
| 72 | Tushop | Community group-buying for groceries | $6M–$12M | Low Confidence | Comparables-Based Estimate | Estimated | $3M | Full Confidence |
| 73 | Gobillion | Community grocery group buying | $6M–$11M | Low Confidence | Comparables-Based Estimate | Estimated | $3M | Strong Confidence |
| 74 | Chpter | AI conversational commerce software | $6M–$10M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 75 | Unbox | Social-commerce management software | $6M–$10M | Strong Confidence | Implied Valuation from Raise | Implied | $2M | Full Confidence |
| 76 | Yunji | Membership social ecommerce | $7M | Full Confidence | Public Market Cap | Observed | $274M | Strong Confidence |
| 77 | Shop LIT Live | Interactive livestream shopping application | $4M–$10M | Low Confidence | Acquisition Value | Estimated | $6M | Full Confidence |
| 78 | Merx | AI WhatsApp commerce platform | $5M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Full Confidence |
| 79 | BuyEazzy | Group-buying beauty commerce platform | $5M–$8M | Partial Confidence | Comparables-Based Estimate | Estimated | $6M | Strong Confidence |
| 80 | Baaz | Live-shopping software for retailers | $5M–$8M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Partial Confidence |
| 81 | LiveScale | Enterprise live-shopping software | $4M–$8M | Low Confidence | Acquisition Value | Estimated | $3M | Partial Confidence |
| 82 | Wyrld | Creator-led social shopping marketplace | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Full Confidence |
| 83 | WEBUY | Community group-buying platform | $5M | Full Confidence | Public Market Cap | Observed | $32M | Strong Confidence |
| 84 | Resellee | Supplier-to-reseller commerce marketplace | $3M–$6M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Full Confidence |
| 85 | FLATLAY | Creator storefront automation platform | $1M–$4M | Low Confidence | Proxy-Based Estimate | Estimated | $0M | Strong Confidence |
| 86 | RateS | Mobile reseller commerce platform | $0M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | $6M | Not provided |
| 87 | Kosmc AI | AI social commerce infrastructure | $1M–$2M | Partial Confidence | Implied Valuation from Raise | Implied | $0M | Full Confidence |
| 88 | Trell | Lifestyle content and social commerce | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $66M | Partial Confidence |
| 89 | Trela | Group grocery purchasing marketplace | $0M–$2M | Strong Confidence | Proxy-Based Estimate | Estimated | $28M | Partial Confidence |
| 90 | KitaBeli | Grocery group-buying marketplace | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $30M | Partial Confidence |
| 91 | MarketForce | Informal-retail ordering platform | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $22M | Partial Confidence |
| 92 | OOOOO | Live-video commerce platform | $1M | Full Confidence | Public Market Cap | Observed | $1M | Low Confidence |
| 93 | LIVSTO | Interactive live fashion shopping | $0M–$1M | Low Confidence | Implied Valuation from Raise | Implied | $0M | Low Confidence |
| 94 | Mio | Rural social grocery commerce | $0M–$1M | Partial Confidence | Proxy-Based Estimate | Estimated | $9M | Strong Confidence |
| 95 | Grupin | Community grocery group-buying app | $0M–$1M | Strong Confidence | Proxy-Based Estimate | Estimated | $3M | Strong Confidence |
| 96 | Wooplr | Social fashion discovery marketplace | $0M–$1M | Strong Confidence | Proxy-Based Estimate | Estimated | $16M | Partial Confidence |
| 97 | Flip | Video social shopping app | $0 | Strong Confidence | Proxy-Based Estimate | Observed | $236M | Strong Confidence |
| 98 | Facily | Brazilian group-buying commerce | $0 | Partial Confidence | Proxy-Based Estimate | Estimated | $501M | Partial Confidence |
| 99 | Favo | Social grocery shopping community | $0 | Strong Confidence | Proxy-Based Estimate | Observed | $37M | Partial Confidence |

This chart, featured in our social commerce market deck, compares the 2026 size of the social commerce market with other markets of similar size
Key valuation trends in the social commerce market
Insights
- The social commerce market is extremely concentrated. Pinduoduo and Xiaohongshu represent about 81% of total estimated valuation, while the ten largest companies capture approximately 97.7%.
- Pinduoduo’s $120.6B market capitalization is roughly 5,243 times the market’s median startup valuation of $23M, showing the enormous gap between scaled platforms and emerging businesses.
- Whatnot contributes more than 97% of the combined value of Whatnot, Tilt, and Simsim, which shows how strongly liquidity and network effects concentrate value in live shopping.
- Mavely achieved a $250M acquisition value after raising only $1M, producing a 250-times capital multiple and highlighting the strategic importance of established affiliate distribution.
- Manychat, Nectar Social, TextYess, Paage, and Unbox have a combined midpoint valuation of roughly $1.3B, showing growing investor interest in AI and automation for social commerce.
- Mavely, Wishlink, and Paage represent approximately $430M in combined value from only $31M of reported funding, suggesting strong capital efficiency across creator and affiliate infrastructure.
- Yunji and WEBUY are worth only about $12M combined after raising roughly $306M, illustrating the potential downside of capital-intensive group-buying models after public listing.
- Excluding Whatnot, the more established social commerce companies highlighted in the dataset are worth about 2.4 times their cumulative funding, compared with roughly seven times when Whatnot is included.

This chart, featured in our social commerce market deck, shows how Whatnot is winning in social commerce
A few word about our methodology
As you can see, we built a database that ranks startups in the social commerce market based on their current valuation.
Estimating social commerce startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company, its business model, and its stage.
To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.
Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.
When a social commerce company is publicly listed, we use its current market capitalization as the reference valuation.
If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.
When a startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.
In some cases, we also estimate valuations using operating metrics such as revenue, ARR, gross merchandise value, transaction volume, or customer traction, combined with valuation multiples from comparable social commerce companies.
When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as creator adoption, marketplace activity, hiring growth, investor quality, geographic reach, or product traction.
All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.
We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.
Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.
Because valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency, and consistency of the available evidence.
Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.
When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.
This reflects how we conduct all our research, including the work behind our report covering the social commerce market.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific valuation estimate, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.

This chart, featured in our social commerce market deck, illustrates yearly funding for social commerce startups
Related blog posts
- The most recent news in social commerce
- The most recent funding news in social commerce
- What has changed recently in social commerce?
- How funding activity has changed in social commerce
- What are the key fundraising trends in social commerce?
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