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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.
758:"L.A. Lakers Partner Wish Jumps to No. 1 in Earned Social Media Value Among NBA Jersey Patch Sponsors" 1340: 839:"Wish Valuation Rises to More Than $ 11 Billion Following Series H Financing Led by General Atlantic" 813: 624:"Meet The Billionaire Who Defied Amazon And Built Wish, The World's Most-Downloaded E-Commerce App" 559: 504: 434: 104: 679: 555: 544: 430: 411: 297: 869:"The hot e-commerce app Wish has "hundreds of millions of users" (plus other fascinating stats)" 943:"Wish Appoints Joe Yan Interim CEO and Reiterates Third Quarter 2022 Adjusted EBITDA Guidance" 904: 380: 348: 125: 598: 472: 462: 454: 233: 155: 583: 1035:"Step-by-Step Guide to Sell on Wish for Beginners (Products, Benefits & Comparison)" 986:"Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein" 1367: 512: 458: 396: 355: 74: 64: 1091: 733:"Wish.com teams up with LA Lakers to put the online marketplace's logo on jerseys" 347:
platform for transactions between sellers and buyers. Wish was founded in 2010 by
1336:"Man who bought £5 stun gun from wish.com to protect harassed girlfriend jailed" 450: 403: 1244:"Government Request Removal Complaint to Google :: Notices :: Lumen" 1243: 548: 500: 446: 442: 344: 256: 199: 37: 908: 1062:"Wish Founder Revamps 'Culture And Operations' To Tackle Walmart, Amazon" 528: 558:, United Kingdom, was sentenced to 11 months in prison for purchasing a 536: 371: 162: 26: 1311:"Fake, illegal and dangerous products sold on Wish.com - Which? News" 1296:"French administration suspects Wish of selling counterfeit products" 479:
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
785:"Wish Recruits Howard, Neymar For 'Time On Your Hands' Campaign" 540: 388: 649:"Meet Wish, the $ 3 Billion App That Could Be the Next Walmart" 172: 814:"Wish, the super popular, ultra-cheap shopping app, explained" 426: 415: 1262:"Product safety allegations again dog e-commerce giant Wish" 971:"Wish to Return to App Stores and Search Engines in France" 1281:"France asks search engines and app stores to remove Wish" 402:
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
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Wish has been criticized for listing poor quality or
358:, United States, pending the completion of a sale to 475:, taking the company's valuation to $ 11.2 billion. 354:Wish is currently operated by ContextLogic Inc. in 330: 322: 314: 306: 296: 270: 255: 247: 232: 217: 198: 179: 161: 151: 141: 133: 119: 111: 99: 81: 63: 55: 43: 33: 1166:"Wish faces criticism over suspected counterfeits" 893:Farrell, Dave Sebastian and Maureen (2020-12-16). 706:"Wish was most downloaded US shopping app in 2017" 1114:"Everything you need to know about Wish Express" 929:"Wish Appoints Vijay Talwar as CEO | Wish" 8: 1193:"The Problem With Buying Cheap Stuff Online" 1087:"The Problem With Buying Cheap Stuff Online" 617: 615: 613: 611: 609: 607: 19: 862: 860: 351:(former CEO) and Danny Zhang (former CTO). 25: 18: 1384:Technology companies established in 2011 1374:Online marketplaces of the United States 1379:Internet properties established in 2011 571: 1394:American companies established in 2011 812:George-Parkin, Hilary (17 June 2019). 807: 805: 7: 1389:Retail companies established in 2011 1294:Dillet, Romain (November 30, 2020). 1279:Dillet, Romain (November 24, 2021). 700: 698: 594: 592: 579: 577: 575: 731:Melton, James (22 September 2017). 16:American online e-commerce platform 399:model by advertising on Facebook. 14: 1399:2011 establishments in California 1334:Quaynor, Aban (14 January 2020). 783:Ostrander, Paris (13 July 2018). 437:campaign in 2018, that featured 239: 238: 224: 223: 205: 204: 186: 185: 168: 167: 867:Loizos, Connie (1 March 2016). 673:Del Ray, Jason (12 July 2013). 1404:Companies listed on the Nasdaq 1309:Simmonds, Ellie (2020-08-27). 1191:Semuels, Alana (22 May 2018). 1172:. Bloomberg News. 17 July 2018 622:Olson, Parmy (13 March 2019). 265:Wish Local for Partner Stores 1: 1139:Stevens, Ben (14 June 2018). 1060:Olson, Parmy (15 June 2018). 1141:"Hands On with the Wish app" 984:Palmer, Annie (2024-02-13). 601:. Retrieved 1 November 2023. 586:. Retrieved 1 November 2023. 1217:Hays, Kali (4 April 2018). 59:English and other languages 1420: 24: 900:The Wall Street Journal 391:CEO Jeremy Stoppelman. 147:Ying Liu, CFO & COO 737:Digitalcommerce360.com 414:that is available for 376: 343:is an American online 243:US$ 477 million (2022) 228:US$ 799 million (2022) 87:; 14 years ago 789:Sports Business Daily 374: 1341:Lancashire Telegraph 1170:Digital Commerce 360 959:. February 23, 2023. 683:. Dow Jones & Co 535:On August 27, 2020, 379:Wish was started by 1120:. 26 September 2019 505:U.S. Postal Service 433:. Wish conducted a 331:Current status 105:Oakland, California 21: 680:All Things Digital 556:Nelson, Lancashire 545:Amazon Marketplace 513:"Wheel of Fortune" 499:agreement between 431:Los Angeles Lakers 412:mobile application 377: 175:571 million (2022) 1248:lumendatabase.org 1041:. 27 October 2018 973:. March 14, 2023. 762:Martechseries.com 712:. 17 January 2018 525:counterfeit goods 486:Wish was sold to 381:Piotr Szulczewski 349:Piotr Szulczewski 338: 337: 126:Piotr Szulczewski 85:July 4, 2010 56:Available in 1411: 1346: 1345: 1331: 1325: 1324: 1322: 1321: 1306: 1300: 1299: 1291: 1285: 1284: 1276: 1270: 1269: 1258: 1252: 1251: 1240: 1234: 1233: 1231: 1229: 1214: 1208: 1207: 1205: 1203: 1188: 1182: 1181: 1179: 1177: 1162: 1156: 1155: 1153: 1151: 1136: 1130: 1129: 1127: 1125: 1110: 1104: 1103: 1101: 1100: 1083: 1077: 1076: 1074: 1072: 1057: 1051: 1050: 1048: 1046: 1031: 1025: 1024: 1022: 1021: 1006: 1000: 999: 997: 996: 981: 975: 974: 967: 961: 960: 953: 947: 946: 939: 933: 932: 925: 919: 918: 916: 915: 890: 884: 883: 881: 879: 864: 855: 854: 852: 850: 835: 829: 828: 826: 824: 809: 800: 799: 797: 795: 780: 774: 773: 771: 769: 754: 748: 747: 745: 743: 728: 722: 721: 719: 717: 702: 693: 692: 690: 688: 670: 664: 663: 661: 659: 645: 639: 638: 636: 634: 619: 602: 596: 587: 581: 473:General Atlantic 463:Gianluigi Buffon 455:Robin van Persie 292: 289: 287: 282: 279: 277: 242: 241: 227: 226: 212: 208: 207: 193: 189: 188: 181:Operating income 171: 170: 112:Area served 95: 93: 88: 34:Type of business 29: 22: 1419: 1418: 1414: 1413: 1412: 1410: 1409: 1408: 1364: 1363: 1355: 1350: 1349: 1333: 1332: 1328: 1319: 1317: 1308: 1307: 1303: 1293: 1292: 1288: 1278: 1277: 1273: 1260: 1259: 1255: 1242: 1241: 1237: 1227: 1225: 1216: 1215: 1211: 1201: 1199: 1190: 1189: 1185: 1175: 1173: 1164: 1163: 1159: 1149: 1147: 1138: 1137: 1133: 1123: 1121: 1118:Cedcommerce.com 1112: 1111: 1107: 1098: 1096: 1085: 1084: 1080: 1070: 1068: 1059: 1058: 1054: 1044: 1042: 1039:Chinabrands.com 1033: 1032: 1028: 1019: 1017: 1008: 1007: 1003: 994: 992: 983: 982: 978: 969: 968: 964: 955: 954: 950: 941: 940: 936: 927: 926: 922: 913: 911: 892: 891: 887: 877: 875: 866: 865: 858: 848: 846: 845:. 1 August 2019 837: 836: 832: 822: 820: 811: 810: 803: 793: 791: 782: 781: 777: 767: 765: 756: 755: 751: 741: 739: 730: 729: 725: 715: 713: 704: 703: 696: 686: 684: 672: 671: 667: 657: 655: 647: 646: 642: 632: 630: 621: 620: 605: 597: 590: 582: 573: 568: 521: 496: 375:Logo until 2022 369: 284: 283: 274: 266: 264: 262: 210: 191: 156:Online shopping 146: 142:Key people 128: 107: 91: 89: 86: 46: 17: 12: 11: 5: 1417: 1415: 1407: 1406: 1401: 1396: 1391: 1386: 1381: 1376: 1366: 1365: 1362: 1361: 1354: 1353:External links 1351: 1348: 1347: 1326: 1301: 1286: 1271: 1253: 1235: 1209: 1183: 1157: 1145:Retail Gazette 1131: 1105: 1078: 1052: 1026: 1001: 976: 962: 948: 934: 920: 885: 856: 830: 801: 775: 749: 723: 694: 665: 640: 603: 588: 570: 569: 567: 564: 520: 517: 495: 492: 368: 365: 336: 335: 332: 328: 327: 324: 320: 319: 316: 312: 311: 308: 304: 303: 300: 294: 293: 272: 268: 267: 259: 253: 252: 249: 245: 244: 236: 230: 229: 221: 215: 214: 213:million (2022) 202: 196: 195: 194:million (2022) 183: 177: 176: 165: 159: 158: 153: 149: 148: 143: 139: 138: 135: 131: 130: 123: 117: 116: 113: 109: 108: 103: 101: 97: 96: 83: 79: 78: 67: 65:Traded as 61: 60: 57: 53: 52: 47: 44: 41: 40: 35: 31: 30: 15: 13: 10: 9: 6: 4: 3: 2: 1416: 1405: 1402: 1400: 1397: 1395: 1392: 1390: 1387: 1385: 1382: 1380: 1377: 1375: 1372: 1371: 1369: 1360: 1357: 1356: 1352: 1343: 1342: 1337: 1330: 1327: 1316: 1312: 1305: 1302: 1297: 1290: 1287: 1282: 1275: 1272: 1267: 1263: 1257: 1254: 1249: 1245: 1239: 1236: 1224: 1220: 1213: 1210: 1198: 1194: 1187: 1184: 1171: 1167: 1161: 1158: 1146: 1142: 1135: 1132: 1119: 1115: 1109: 1106: 1095:. 22 May 2018 1094: 1093: 1088: 1082: 1079: 1067: 1063: 1056: 1053: 1040: 1036: 1030: 1027: 1015: 1014:Yahoo Finance 1011: 1005: 1002: 991: 987: 980: 977: 972: 966: 963: 958: 952: 949: 944: 938: 935: 930: 924: 921: 910: 906: 902: 901: 896: 889: 886: 874: 870: 863: 861: 857: 844: 840: 834: 831: 819: 815: 808: 806: 802: 790: 786: 779: 776: 764:. 7 June 2019 763: 759: 753: 750: 738: 734: 727: 724: 711: 707: 701: 699: 695: 682: 681: 676: 669: 666: 654: 650: 644: 641: 629: 625: 618: 616: 614: 612: 610: 608: 604: 600: 595: 593: 589: 585: 580: 578: 576: 572: 565: 563: 561: 557: 552: 550: 546: 542: 538: 533: 530: 526: 518: 516: 514: 509: 506: 502: 493: 491: 489: 484: 480: 478: 474: 469: 466: 464: 460: 459:Claudio Bravo 456: 452: 448: 444: 440: 436: 432: 428: 423: 421: 417: 413: 408: 405: 400: 398: 397:Pay-per-click 392: 390: 386: 382: 373: 366: 364: 361: 357: 356:San Francisco 352: 350: 346: 342: 333: 329: 325: 321: 317: 313: 309: 305: 301: 299: 295: 291: 281: 273: 269: 260: 258: 254: 250: 246: 237: 235: 231: 222: 220: 216: 203: 201: 197: 184: 182: 178: 174: 166: 164: 160: 157: 154: 150: 144: 140: 136: 132: 127: 124: 122: 118: 114: 110: 106: 102: 98: 84: 80: 76: 72: 68: 66: 62: 58: 54: 51: 48: 42: 39: 36: 32: 28: 23: 1339: 1329: 1318:. 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Retrieved 627: 562:using Wish. 553: 534: 522: 510: 497: 485: 481: 470: 467: 424: 409: 401: 393: 378: 353: 340: 339: 315:Registration 263:Wish Express 257:Subsidiaries 234:Total equity 219:Total assets 145:Joe Yan, CEO 137:Tanzeen Syed 100:Headquarters 45:Type of site 873:Tech Crunch 451:Gareth Bale 404:GGV Capital 383:, a former 298:Advertising 261:Wish Outlet 129:Sheng Zhang 1368:Categories 1320:2024-05-27 1228:5 November 1202:5 November 1176:5 November 1150:5 November 1124:5 November 1099:2020-05-26 1071:5 November 1066:Forbes.com 1045:5 November 1020:2024-02-15 995:2024-02-15 914:2021-06-21 878:5 November 849:5 November 823:5 November 794:5 November 768:5 November 742:5 November 716:5 November 658:24 January 633:5 November 566:References 549:AliExpress 501:China Post 447:Tim Howard 443:Paul Pogba 345:e-commerce 307:Commercial 251:886 (2022) 211:−384 200:Net income 192:−398 121:Founder(s) 92:2010-07-04 38:E-commerce 909:0099-9660 843:Bloomberg 519:Criticism 435:World Cup 248:Employees 115:Worldwide 1359:Homepage 560:stun gun 529:Facebook 503:and the 494:Services 326:May 2011 323:Launched 318:Required 152:Industry 134:Chairman 20:Wish.com 1266:Fortune 818:Vox.com 710:Tamebay 687:30 June 511:Wish's 420:Android 367:History 163:Revenue 90: ( 82:Founded 73::  1315:Which? 907:  653:Recode 628:Forbes 547:, and 537:Which? 477:JD.com 439:Neymar 385:Google 334:Active 71:Nasdaq 50:Public 488:Qoo10 360:Qoo10 288:.wish 278:.wish 1230:2019 1204:2019 1178:2019 1152:2019 1126:2019 1073:2019 1047:2019 990:CNBC 905:ISSN 880:2019 851:2019 825:2019 796:2019 770:2019 744:2019 718:2019 689:2018 660:2018 635:2019 541:EBay 461:and 418:and 389:Yelp 341:Wish 290:.com 286:plus 280:.com 209:US$ 190:US$ 173:US$ 75:WISH 1223:WWD 429:'s 427:NBA 416:iOS 310:Yes 302:Yes 276:www 271:URL 1370:: 1338:. 1313:. 1264:. 1246:. 1221:. 1195:. 1168:. 1143:. 1116:. 1089:. 1064:. 1037:. 1012:. 988:. 903:. 897:. 871:. 859:^ 841:. 816:. 804:^ 787:. 760:. 735:. 708:. 697:^ 677:. 651:. 626:. 606:^ 591:^ 574:^ 543:, 465:. 457:, 453:, 449:, 445:, 441:, 422:. 1344:. 1323:. 1298:. 1283:. 1268:. 1250:. 1232:. 1206:. 1180:. 1154:. 1128:. 1102:. 1075:. 1049:. 1023:. 998:. 945:. 931:. 917:. 882:. 853:. 827:. 798:. 772:. 746:. 720:. 691:. 662:. 637:. 94:) 77:) 69:(

Index


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
GGV Capital

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