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Wish (company)

Wish (company)

Wish (formerly ContextLogic) is a company providing an e-commerce platform that allows users to shop for discounted products and have them delivered to their homes. It was founded in 2011 and is located in San Francisco, California.

Wish is a San Francisco-based e-commerce company that has a platform where users can shop for common goods at largely discounted prices. It was founded by Pete Szulczewski and Danny Zhang and has raised more than $1.6 billion over the course of nine funding rounds.

Product

The platform is accessible via web browser or mobile application for Android or iOS systems. Users can scroll through hundreds of items, such as shoes, jewelry, smart watches, clothing, and cosmetics. A lot of the products are unique and the algorithm for the advertisements is intended to intrigue users into using the platform.

Many of the products are produced and shipped from China and can take a few weeks to arrive at the user's home. On the platform, users can see a search engine to enter items for which they are specifically looking, scroll through goods that are popular on the platform, view express items, and their own history of shopping on Wish. Users can also make a wishlist so they can save items they like and buy them at a later time.

Timeline

August 1, 2019
Wish raises $300 million Series H round led by General Atlantic.
August 2019
Wish raises a $11,200,000,000 series H round from General Atlantic.
2018
Wish is the most downloaded shopping application

In 2018, Wish was the most downloaded shopping application worldwide.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Meet The Billionaire Who Defied Amazon And Built Wish, The World's Most-Downloaded E-Commerce App

Parmy Olson

Web

March 13, 2019

Peter Szulczewski, CEO of e-commerce app Wish, raised $1 billion in two years

December 7, 2016

News

Title
Author
Date
Publisher
Description
Pomerantz LLP
June 24, 2021
www.prnewswire.com:443
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ContextLogic Inc. ("ContextLogic" or the "Company") (NASDAQ: WISH). Such...
Rosen Law Firm, P.A.
June 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ContextLogic Inc. (NASDAQ: WISH) who: (1)...
CedCommerce
June 15, 2021
www.prnewswire.com:443
/PRNewswire/ -- Consacrée à fournir des solutions de commerce électronique pratiques et simples afin d'aider les entreprises à prendre de l'expansion, à être...
AAK AB
June 10, 2021
www.prnewswire.com:443
/PRNewswire/ -- AAK has joined forces with global confectionery, food, and pet care company Mars, several leading NGOs, and an impact investment fund to create...
Rosen Law Firm, P.A.
May 29, 2021
www.prnewswire.com:443
/PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ContextLogic Inc. (NASDAQ: WISH) who: (1)...
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References

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