Knowledge (XXG)

Wish (company)

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More than 1 million merchants list their products on Wish's platform to sell directly to consumers. The bulk of the merchandise available through the app in the United States comes from China and other non-U.S. distributors. The products are usually smaller items that are cheaper to ship, aided by an
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In January 2022, Wish appointed Vijay Talwar as the new CEO. As of September 8, 2022 Joe Yan has been appointed as the current Interim CEO of Wish. He previously worked at Stripe as a managing director and Country Head, Greater China. On February 23, 2023 the interim title was removed for Joe Yan and
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in Menlo Park, California, and noted that a large number of sales were coming from Florida, Texas and the Midwest rather than New York or California. Wish became an e-commerce site after asking merchants to host their products directly on the Wish application, with Wish taking a portion of each sale.
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to organize a community of about 10,000 Wish users to expose unsatisfactory dealers in exchange for free goods and discounts. In France in November 2021, the Wish e-commerce system, including the website and smartphone applications, were delisted from Google's search results and from Google's French
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initiated in February 2024. The platform personalizes the shopping experience visually for each customer, rather than relying only on a search bar format. It allows sellers to list their products on Wish and sell directly to consumers. Wish works with payment service providers to handle payments and
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In May 2011, Szulczewski invited college friend Danny Zhang to relaunch the company as Wish. It was created as an application that allowed shoppers to create wish lists of their favorite products before matching them with merchants. They also earned revenue with a
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that lowers costs of shipping for goods weighing less than 2 kg. Wish offers express shipping in 5 days, or 6–8 days in some cases, as well as standard shipping that takes 2–3 weeks, for customers who prioritize savings over speed of delivery.
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app store, after French authorities claimed that many items sold on the platform do not comply with European regulations. The same authorities also accused the platform of selling counterfeit items.
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he was appointed as the permanent Chief Executive Officer. In France in March 2023, Wish was relisted, allowing the online marketplace to return to app stores and search engines in the country.
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As of 2019, Wish was the third-biggest e-commerce marketplace in the United States by sales. In August 2019, ContextLogic received a Series H funding round, led by equity firm
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engineer, as a software company called ContextLogic. In September 2010, ContextLogic received $ 1.7 million in investments and involved
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In 2017, Wish was the most downloaded e-commerce application in the United States. It signed a multi-year partnership with the
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In 2018, Wish was the most-downloaded e-commerce application worldwide and the company doubled its revenue to $ 1.9 billion.
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It is often possible to purchase items from Wish that are not legal in the purchaser's country. In January 2020, a man from
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bought 6 popular products from Wish. One of the items was a child's car seat, which was found to be similar to ones from
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in 2024 for $ 173 million, around 1% of its value at the time of its IPO just over three years earlier.
769:"L.A. Lakers Partner Wish Jumps to No. 1 in Earned Social Media Value Among NBA Jersey Patch Sponsors" 1351: 850:"Wish Valuation Rises to More Than $ 11 Billion Following Series H Financing Led by General Atlantic" 824: 635:"Meet The Billionaire Who Defied Amazon And Built Wish, The World's Most-Downloaded E-Commerce App" 570: 515: 445: 115: 690: 566: 555: 441: 422: 308: 880:"The hot e-commerce app Wish has "hundreds of millions of users" (plus other fascinating stats)" 954:"Wish Appoints Joe Yan Interim CEO and Reiterates Third Quarter 2022 Adjusted EBITDA Guidance" 915: 391: 359: 136: 609: 483: 473: 465: 244: 166: 594: 1046:"Step-by-Step Guide to Sell on Wish for Beginners (Products, Benefits & Comparison)" 997:"Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein" 1378: 523: 469: 407: 366: 85: 75: 1102: 744:"Wish.com teams up with LA Lakers to put the online marketplace's logo on jerseys" 358:
platform for transactions between sellers and buyers. Wish was founded in 2010 by
1347:"Man who bought £5 stun gun from wish.com to protect harassed girlfriend jailed" 461: 414: 1255:"Government Request Removal Complaint to Google :: Notices :: Lumen" 1254: 559: 511: 457: 453: 355: 267: 210: 48: 919: 1073:"Wish Founder Revamps 'Culture And Operations' To Tackle Walmart, Amazon" 539: 569:, United Kingdom, was sentenced to 11 months in prison for purchasing a 17: 547: 382: 173: 37: 1322:"Fake, illegal and dangerous products sold on Wish.com - Which? News" 1307:"French administration suspects Wish of selling counterfeit products" 490:
is an investor in Wish. ContextLogic went public via an IPO in 2020.
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The Wish marketplace is accessed by the Wish.com website or by a
796:"Wish Recruits Howard, Neymar For 'Time On Your Hands' Campaign" 551: 399: 660:"Meet Wish, the $ 3 Billion App That Could Be the Next Walmart" 183: 825:"Wish, the super popular, ultra-cheap shopping app, explained" 437: 426: 1273:"Product safety allegations again dog e-commerce giant Wish" 982:"Wish to Return to App Stores and Search Engines in France" 1292:"France asks search engines and app stores to remove Wish" 413:
In 2013, Szulczewski met with Hans Tung, an investor with
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does not stock the products themselves or manage returns.
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https://finance.yahoo.com/quote/WISH/balance-sheet?p=WISH
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https://finance.yahoo.com/quote/WISH/financials?p=WISH
968:""Wish Appoints Joe Yan into Permanent CEO Position"" 906:"Wish Parent ContextLogic Ends Debut Below IPO Price" 534:
Wish has been criticized for listing poor quality or
369:, United States, pending the completion of a sale to 486:, taking the company's valuation to $ 11.2 billion. 365:Wish is currently operated by ContextLogic Inc. in 341: 333: 325: 317: 307: 281: 266: 258: 243: 228: 209: 190: 172: 162: 152: 144: 130: 122: 110: 92: 74: 66: 54: 44: 1177:"Wish faces criticism over suspected counterfeits" 904:Farrell, Dave Sebastian and Maureen (2020-12-16). 717:"Wish was most downloaded US shopping app in 2017" 1125:"Everything you need to know about Wish Express" 940:"Wish Appoints Vijay Talwar as CEO | Wish" 8: 1204:"The Problem With Buying Cheap Stuff Online" 1098:"The Problem With Buying Cheap Stuff Online" 628: 626: 624: 622: 620: 618: 30: 873: 871: 362:(former CEO) and Danny Zhang (former CTO). 36: 29: 1395:Technology companies established in 2011 1385:Online marketplaces of the United States 1390:Internet properties established in 2011 582: 1405:American companies established in 2011 823:George-Parkin, Hilary (17 June 2019). 818: 816: 7: 1400:Retail companies established in 2011 1305:Dillet, Romain (November 30, 2020). 1290:Dillet, Romain (November 24, 2021). 711: 709: 605: 603: 590: 588: 586: 742:Melton, James (22 September 2017). 27:American online e-commerce platform 410:model by advertising on Facebook. 25: 1410:2011 establishments in California 1345:Quaynor, Aban (14 January 2020). 794:Ostrander, Paris (13 July 2018). 448:campaign in 2018, that featured 250: 249: 235: 234: 216: 215: 197: 196: 179: 178: 878:Loizos, Connie (1 March 2016). 684:Del Ray, Jason (12 July 2013). 1415:Companies listed on the Nasdaq 1320:Simmonds, Ellie (2020-08-27). 1202:Semuels, Alana (22 May 2018). 1183:. Bloomberg News. 17 July 2018 633:Olson, Parmy (13 March 2019). 276:Wish Local for Partner Stores 1: 1150:Stevens, Ben (14 June 2018). 1071:Olson, Parmy (15 June 2018). 1152:"Hands On with the Wish app" 995:Palmer, Annie (2024-02-13). 612:. Retrieved 1 November 2023. 597:. Retrieved 1 November 2023. 1228:Hays, Kali (4 April 2018). 70:English and other languages 1431: 35: 911:The Wall Street Journal 402:CEO Jeremy Stoppelman. 158:Ying Liu, CFO & COO 748:Digitalcommerce360.com 425:that is available for 387: 354:is an American online 254:US$ 477 million (2022) 239:US$ 799 million (2022) 98:; 14 years ago 800:Sports Business Daily 385: 1352:Lancashire Telegraph 1181:Digital Commerce 360 970:. February 23, 2023. 694:. Dow Jones & Co 546:On August 27, 2020, 390:Wish was started by 1131:. 26 September 2019 516:U.S. Postal Service 444:. Wish conducted a 342:Current status 116:Oakland, California 32: 691:All Things Digital 567:Nelson, Lancashire 556:Amazon Marketplace 524:"Wheel of Fortune" 510:agreement between 442:Los Angeles Lakers 423:mobile application 388: 186:571 million (2022) 1259:lumendatabase.org 1052:. 27 October 2018 984:. March 14, 2023. 773:Martechseries.com 723:. 17 January 2018 536:counterfeit goods 497:Wish was sold to 392:Piotr Szulczewski 360:Piotr Szulczewski 349: 348: 137:Piotr Szulczewski 96:July 4, 2010 67:Available in 16:(Redirected from 1422: 1357: 1356: 1342: 1336: 1335: 1333: 1332: 1317: 1311: 1310: 1302: 1296: 1295: 1287: 1281: 1280: 1269: 1263: 1262: 1251: 1245: 1244: 1242: 1240: 1225: 1219: 1218: 1216: 1214: 1199: 1193: 1192: 1190: 1188: 1173: 1167: 1166: 1164: 1162: 1147: 1141: 1140: 1138: 1136: 1121: 1115: 1114: 1112: 1111: 1094: 1088: 1087: 1085: 1083: 1068: 1062: 1061: 1059: 1057: 1042: 1036: 1035: 1033: 1032: 1017: 1011: 1010: 1008: 1007: 992: 986: 985: 978: 972: 971: 964: 958: 957: 950: 944: 943: 936: 930: 929: 927: 926: 901: 895: 894: 892: 890: 875: 866: 865: 863: 861: 846: 840: 839: 837: 835: 820: 811: 810: 808: 806: 791: 785: 784: 782: 780: 765: 759: 758: 756: 754: 739: 733: 732: 730: 728: 713: 704: 703: 701: 699: 681: 675: 674: 672: 670: 656: 650: 649: 647: 645: 630: 613: 607: 598: 592: 484:General Atlantic 474:Gianluigi Buffon 466:Robin van Persie 303: 300: 298: 293: 290: 288: 253: 252: 238: 237: 223: 219: 218: 204: 200: 199: 192:Operating income 182: 181: 123:Area served 106: 104: 99: 45:Type of business 40: 33: 21: 1430: 1429: 1425: 1424: 1423: 1421: 1420: 1419: 1375: 1374: 1366: 1361: 1360: 1344: 1343: 1339: 1330: 1328: 1319: 1318: 1314: 1304: 1303: 1299: 1289: 1288: 1284: 1271: 1270: 1266: 1253: 1252: 1248: 1238: 1236: 1227: 1226: 1222: 1212: 1210: 1201: 1200: 1196: 1186: 1184: 1175: 1174: 1170: 1160: 1158: 1149: 1148: 1144: 1134: 1132: 1129:Cedcommerce.com 1123: 1122: 1118: 1109: 1107: 1096: 1095: 1091: 1081: 1079: 1070: 1069: 1065: 1055: 1053: 1050:Chinabrands.com 1044: 1043: 1039: 1030: 1028: 1019: 1018: 1014: 1005: 1003: 994: 993: 989: 980: 979: 975: 966: 965: 961: 952: 951: 947: 938: 937: 933: 924: 922: 903: 902: 898: 888: 886: 877: 876: 869: 859: 857: 856:. 1 August 2019 848: 847: 843: 833: 831: 822: 821: 814: 804: 802: 793: 792: 788: 778: 776: 767: 766: 762: 752: 750: 741: 740: 736: 726: 724: 715: 714: 707: 697: 695: 683: 682: 678: 668: 666: 658: 657: 653: 643: 641: 632: 631: 616: 608: 601: 593: 584: 579: 532: 507: 386:Logo until 2022 380: 295: 294: 285: 277: 275: 273: 221: 202: 167:Online shopping 157: 153:Key people 139: 118: 102: 100: 97: 57: 28: 23: 22: 15: 12: 11: 5: 1428: 1426: 1418: 1417: 1412: 1407: 1402: 1397: 1392: 1387: 1377: 1376: 1373: 1372: 1365: 1364:External links 1362: 1359: 1358: 1337: 1312: 1297: 1282: 1264: 1246: 1220: 1194: 1168: 1156:Retail Gazette 1142: 1116: 1089: 1063: 1037: 1012: 987: 973: 959: 945: 931: 896: 867: 841: 812: 786: 760: 734: 705: 676: 651: 614: 599: 581: 580: 578: 575: 531: 528: 506: 503: 379: 376: 347: 346: 343: 339: 338: 335: 331: 330: 327: 323: 322: 319: 315: 314: 311: 305: 304: 283: 279: 278: 270: 264: 263: 260: 256: 255: 247: 241: 240: 232: 226: 225: 224:million (2022) 213: 207: 206: 205:million (2022) 194: 188: 187: 176: 170: 169: 164: 160: 159: 154: 150: 149: 146: 142: 141: 134: 128: 127: 124: 120: 119: 114: 112: 108: 107: 94: 90: 89: 78: 76:Traded as 72: 71: 68: 64: 63: 58: 55: 52: 51: 46: 42: 41: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1427: 1416: 1413: 1411: 1408: 1406: 1403: 1401: 1398: 1396: 1393: 1391: 1388: 1386: 1383: 1382: 1380: 1371: 1368: 1367: 1363: 1354: 1353: 1348: 1341: 1338: 1327: 1323: 1316: 1313: 1308: 1301: 1298: 1293: 1286: 1283: 1278: 1274: 1268: 1265: 1260: 1256: 1250: 1247: 1235: 1231: 1224: 1221: 1209: 1205: 1198: 1195: 1182: 1178: 1172: 1169: 1157: 1153: 1146: 1143: 1130: 1126: 1120: 1117: 1106:. 22 May 2018 1105: 1104: 1099: 1093: 1090: 1078: 1074: 1067: 1064: 1051: 1047: 1041: 1038: 1026: 1025:Yahoo Finance 1022: 1016: 1013: 1002: 998: 991: 988: 983: 977: 974: 969: 963: 960: 955: 949: 946: 941: 935: 932: 921: 917: 913: 912: 907: 900: 897: 885: 881: 874: 872: 868: 855: 851: 845: 842: 830: 826: 819: 817: 813: 801: 797: 790: 787: 775:. 7 June 2019 774: 770: 764: 761: 749: 745: 738: 735: 722: 718: 712: 710: 706: 693: 692: 687: 680: 677: 665: 661: 655: 652: 640: 636: 629: 627: 625: 623: 621: 619: 615: 611: 606: 604: 600: 596: 591: 589: 587: 583: 576: 574: 572: 568: 563: 561: 557: 553: 549: 544: 541: 537: 529: 527: 525: 520: 517: 513: 504: 502: 500: 495: 491: 489: 485: 480: 477: 475: 471: 470:Claudio Bravo 467: 463: 459: 455: 451: 447: 443: 439: 434: 432: 428: 424: 419: 416: 411: 409: 408:Pay-per-click 403: 401: 397: 393: 384: 377: 375: 372: 368: 367:San Francisco 363: 361: 357: 353: 344: 340: 336: 332: 328: 324: 320: 316: 312: 310: 306: 302: 292: 284: 280: 271: 269: 265: 261: 257: 248: 246: 242: 233: 231: 227: 214: 212: 208: 195: 193: 189: 185: 177: 175: 171: 168: 165: 161: 155: 151: 147: 143: 138: 135: 133: 129: 125: 121: 117: 113: 109: 95: 91: 87: 83: 79: 77: 73: 69: 65: 62: 59: 53: 50: 47: 43: 39: 34: 19: 1350: 1340: 1329:. 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Retrieved 638: 573:using Wish. 564: 545: 533: 521: 508: 496: 492: 481: 478: 435: 420: 412: 404: 389: 364: 351: 350: 326:Registration 274:Wish Express 268:Subsidiaries 245:Total equity 230:Total assets 156:Joe Yan, CEO 148:Tanzeen Syed 111:Headquarters 56:Type of site 884:Tech Crunch 462:Gareth Bale 415:GGV Capital 394:, a former 309:Advertising 272:Wish Outlet 140:Sheng Zhang 1379:Categories 1331:2024-05-27 1239:5 November 1213:5 November 1187:5 November 1161:5 November 1135:5 November 1110:2020-05-26 1082:5 November 1077:Forbes.com 1056:5 November 1031:2024-02-15 1006:2024-02-15 925:2021-06-21 889:5 November 860:5 November 834:5 November 805:5 November 779:5 November 753:5 November 727:5 November 669:24 January 644:5 November 577:References 560:AliExpress 512:China Post 458:Tim Howard 454:Paul Pogba 356:e-commerce 318:Commercial 262:886 (2022) 222:−384 211:Net income 203:−398 132:Founder(s) 103:2010-07-04 49:E-commerce 920:0099-9660 854:Bloomberg 530:Criticism 446:World Cup 259:Employees 126:Worldwide 1370:Homepage 571:stun gun 540:Facebook 514:and the 505:Services 337:May 2011 334:Launched 329:Required 163:Industry 145:Chairman 31:Wish.com 18:Wish.com 1277:Fortune 829:Vox.com 721:Tamebay 698:30 June 522:Wish's 431:Android 378:History 174:Revenue 101: ( 93:Founded 84::  1326:Which? 918:  664:Recode 639:Forbes 558:, and 548:Which? 488:JD.com 450:Neymar 396:Google 345:Active 82:Nasdaq 61:Public 499:Qoo10 371:Qoo10 299:.wish 289:.wish 1241:2019 1215:2019 1189:2019 1163:2019 1137:2019 1084:2019 1058:2019 1001:CNBC 916:ISSN 891:2019 862:2019 836:2019 807:2019 781:2019 755:2019 729:2019 700:2018 671:2018 646:2019 552:EBay 472:and 429:and 400:Yelp 352:Wish 301:.com 297:plus 291:.com 220:US$ 201:US$ 184:US$ 86:WISH 1234:WWD 440:'s 438:NBA 427:iOS 321:Yes 313:Yes 287:www 282:URL 1381:: 1349:. 1324:. 1275:. 1257:. 1232:. 1206:. 1179:. 1154:. 1127:. 1100:. 1075:. 1048:. 1023:. 999:. 914:. 908:. 882:. 870:^ 852:. 827:. 815:^ 798:. 771:. 746:. 719:. 708:^ 688:. 662:. 637:. 617:^ 602:^ 585:^ 554:, 476:. 468:, 464:, 460:, 456:, 452:, 433:. 1355:. 1334:. 1309:. 1294:. 1279:. 1261:. 1243:. 1217:. 1191:. 1165:. 1139:. 1113:. 1086:. 1060:. 1034:. 1009:. 956:. 942:. 928:. 893:. 864:. 838:. 809:. 783:. 757:. 731:. 702:. 673:. 648:. 105:) 88:) 80:( 20:)

Index

Wish.com

E-commerce
Public
Traded as
Nasdaq
WISH
Oakland, California
Founder(s)
Piotr Szulczewski
Online shopping
Revenue
US$
Operating income
Net income
Total assets
Total equity
Subsidiaries
www.wish.com
plus.wish.com
Advertising
e-commerce
Piotr Szulczewski
San Francisco
Qoo10

Piotr Szulczewski
Google
Yelp
Pay-per-click

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