What are the most valued startups in the social commerce market?

Last updated: 13 July 2026

Download our beautiful pitch about the social commerce market

market research pitch 2026 statistics social commerce market

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
Market map chart showing top companies and startups in the social commerce market

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
Chart comparing the 2026 size of the social commerce market with other markets of similar size

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.
Chart showing how Whatnot is winning in the social commerce market

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.

Chart showing the projected CAGR of the social commerce market

This chart, featured in our social commerce market deck, illustrates yearly funding for social commerce startups

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