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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