$2.5B
2020 Revenue, 34% YoY Growth
107M
2020 Monthly Average Users
19% YoY Growth
19% YoY Growth
$2.0B
Cash and cash equivalents
550K
Partner Merchants
50K+
Wish Local Partners
100+
Countries
* As of December 31, 2020
Our mission is to bring an affordable and entertaining mobile shopping experience to billions of consumers around the world.
Corporate Profile
Founded in 2010 and headquartered in San Francisco, Wish is one of the largest and fastest growing global ecommerce platforms, connecting millions of value-conscious consumers in over 100 countries 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
- 2019: $1.3T global mobile ecommerce
- 2024E: $2.4T global mobile ecommerce
Source: eMarketer, Global eCommerce, 2020
Focus on large, underpenetrated consumer group
- Traditional ecommerce overlooks value conscious shoppers
- 1B+ households worldwide make less than $75k income annually
Diversified revenue streams
- Geography: 46% from Europe / 40% from US / 5% from South America / 9% ROW
- Services: 72% Core Marketplace / 20% Logistics / 8% Advertising
* As of December 31, 2020
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 to Attend J.P. Morgan's 49th Annual Global Technology, Media and Communications Conference
May 10, 2021
SAN FRANCISCO --(BUSINESS WIRE)--May 10, 2021-- Wish (NASDAQ: WISH), one of the world’s largest and fastest growing mobile ecommerce platforms, announced today its participation at J.P. Morgan’s 49th Annual Global Technology, Media and Communications Conference ....
Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET SAN FRANCISCO --(BUSINESS WIRE)--Apr. 22, 2021-- ContextLogic Inc. (d/b/a “Wish”) (NASDAQ: WISH), one of the world’s largest and fastest growing mobile ecommerce platforms, today announced it will report its first quarter 2021 financial...
Strengthens Logistics Capabilities in South African Market SAN FRANCISCO --(BUSINESS WIRE)--Apr. 21, 2021-- ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), today announced a strategic partnership with South Africa Post Office (SAPO) to strengthen its logistics capabilities and customer experience...
Events
May 12, 2021 at 2:00 PM PDT
May 24, 2021 at 12:30 PM PDT
