Wish (company) — BrandWiki

Wish (company)

Overview

Wish.com

type	Public
founder	Piotr Szulczewski Sheng Zhang
chairman	Tanzeen Syed
industry	Online shopping
revenue	US$571 million (2022)‡R1R‡
operating income	−US$398 million (2022)‡R1R‡
net income	−US$384 million (2022)‡R1R‡
assets	US$799 million (2022)‡R2R‡
equity	US$477 million (2022)‡R2R‡
url	https://www.wish.com https://plus.wish.com
advertising	Yes
commercial	Yes
registration	Required
language	English and other languages
company type	E-commerce
traded as	nasdaq: LOGC
foundation	July 4, 2010
location city	Oakland, California
location country	United States
area served	Worldwide
key people	Joe Yan (CEO) Ying Liu (CFO & COO)
num employees	886 (2022)
launch date	May 2011
current status	Active
subsid	Wish Outlet Wish Express Wish Local for Partner Stores

Wish is an American online e-commerce platform. Wish was founded in 2010 by Piotr Szulczewski (former CEO) and Danny Zhang (former CTO).

Wish is currently operated by ContextLogic Inc. in San Francisco, United States, pending the completion of a sale to Qoo10 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 does not stock the products themselves or manage returns.

History

Wish was started by Peter Szulczewski, a former Google engineer, as a software company called ContextLogic. In September 2010, ContextLogic received $1.7 million in investments and involved Yelp CEO Jeremy Stoppelman.[3]

In May 2011, Szulczewski invited college friend Danny Zhang to relaunch the company as Wish.[3]

Wish (company)

History

Services

Criticism

External links

References