Westwing started as Brazil's answer to design-led home shopping — a curated online store for sofas, rugs and dinner sets. Four years after a splashy IPO, the shares have lost 96% of their value; what remains is a leaner, still-unprofitable retailer sitting on more cash than its entire market worth. Key Facts — Westwing Comércio Varejista S.A. Full nameWestwing Comércio Varejista S.A. Ticker / exchangeWEST3 — B3 (São Paulo) HeadquartersSão Paulo, SP, Brazil SectorConsumer Cyclical — Specialty Retail Employees~598 (PitchBook, latest available) Market value (market cap)R$102.7 million (~US$20.0 million) (our …
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