| Founded | 2019 |
|---|---|
| Closed | 2022 |
| Country | China |
| Sector | Social |
| Collapse type | Slow Death |
Weidao
"Outgunned by ByteDance and Kuaishou subsidies, this social commerce startup never stood a chance."
Years-long decline before final shutdown
Key Events Timeline
Weidao was a live-streaming social commerce startup founded in 2019 that raised $60M in Series B funding in 2020 targeting WeChat ecosystem shoppers.
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