$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
Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET SAN FRANCISCO --(BUSINESS WIRE)--Jul. 22, 2021-- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced it will report its second quarter 2021 financial results after the close...
Former Google Executive to Drive Enhancement of Wish’s Core Product Suite and the Creation of New Technology Solutions SAN FRANCISCO --(BUSINESS WIRE)--Jul. 12, 2021-- ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced the...
Wish Granted Payment Institution License for the EU
Jul 06, 2021
The license is a first step toward allowing Wish to process all EU payments on its platform SAN FRANCISCO --(BUSINESS WIRE)--Jul. 6, 2021-- ContextLogic B.V. (“CLBV”), a Dutch subsidiary of ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), today announced it has been granted a Payment Services...
