Bargains Made Fun,
Discovery Made Easy
Corporate Profile
Founded in 2010 and headquartered in San Francisco, Wish is one of the largest global ecommerce platforms, connecting millions of value-conscious consumers to more than half a million merchants around the world. Wish combines technology and data science capabilities and an innovative discovery-based mobile shopping experience to create a highly-visual, entertaining, and personalized shopping experience for its users.
Investment Highlights
Massive and growing opportunity
- 2020: $2.7T global mobile ecommerce
- 2025E: $5.0T global mobile ecommerce
Source: eMarketer, Global eCommerce, 2021
Focus on large, underpenetrated consumer group
- Traditional ecommerce overlooks value conscious shoppers
- 1B+ households worldwide make less than $75k income annually
Diversified revenue streams
- Services: 40% Core Marketplace / 52% Logistics / 8% Advertising
* As of June 30, 2022
Strong data science advantage
- Cost-effective user acquisition
- Focus on high LTV customers
Proprietary logistics platform
- Faster delivery times
- Lower refunds
Multiple growth opportunities with new product expansion
- Wish Local opens up large growth opportunity
- Consumer goods and branded product expand catalog
- Open Wish platform for logistics and marketing as a service
News Releases
Wish Reports Third-Quarter 2022 Financial Results
Nov 09, 2022
SAN FRANCISCO --(BUSINESS WIRE)--Nov. 9, 2022-- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter ended September 30, 2022 . Third-Quarter Fiscal 2022 Financial Highlights Revenues : Revenues were $125...
SAN FRANCISCO --(BUSINESS WIRE)--Nov. 4, 2022-- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile e-commerce platforms, today announced, as required by Nasdaq Listing Rule 5635(c)(4), the grant of inducement awards under Wish’s 2022 New Employee Equity Incentive Plan...
Wish Enters Partnership with Productsup
Nov 01, 2022
SAN FRANCISCO --(BUSINESS WIRE)--Nov. 1, 2022-- ContextLogic Inc. (d/b/a “Wish”) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced a new partnership with Productsup, a P2C software company. The Wish global online marketplace has selected Productsup’s...
