ContextLogic Inc. (Wish)

General Information
Business:

We launched Wish with a simple mission—to bring an affordable and entertaining mobile shopping experience to billions of consumers around the world. Since our founding in 2010, our vision has been to unlock ecommerce for consumers and merchants, by providing consumers access to a vast selection of affordable products and by providing merchants access to hundreds of millions of consumers globally. We have become one of the largest and fastest growing global ecommerce platforms, connecting more than 100 million monthly active users (“MAUs” or “monthly active users”) in over 100 countries to over 500,000 merchants offering approximately 150 million items. Our platform combines technology and data science capabilities, an innovative and discovery-based mobile shopping experience, a comprehensive suite of indispensable merchant services, and a massive scale of users, merchants, and items. This combination has allowed us to become the most downloaded global shopping app for each of the last three years according to a report from Sensor Tower.1

We are focused on democratizing mobile commerce by making it affordable and accessible to anyone. The global mobile commerce market was $2.1 trillion in 2019 and is expected to more than double to reach $4.5 trillion by 2024

Industry: Retail
Employees:
Founded: 2010
Contact Information
Address One Sansome Street 40th Floor San Francisco, CA 94104
Phone Number (415) 432-7323
Web Address http://www.wish.com/
View Prospectus: ContextLogic Inc. (Wish)
Financial Information
Market Cap
Revenues $1747.7 mil (last 12 months)
Net Income $-300.0 mil (last 12 months)
IPO Profile
Symbol WISH
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $1000.0 mil
Manager / Joint Managers Goldman Sachs & Co./ J.P. Morgan/ BofA Securities
CO-Managers Citigroup/ Deutsche Bank Securities/ UBS Investment Bank/ RBC Capital Markets/ Credit Suisse
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change