ContextLogic Inc (Wish) is a mobile e-commerce company that provides shopping platforms. The company allows the user to discover products to purchase by scrolling through its mobile application and browsing. It provides a technology platform that provides transactions between sellers and buyers. Wish offers media sharing, communication tools and internet services. The company also provides home decor and party planning tips. It operates its offices in China, Canada, the Netherlands and the US, among others. Wish is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
One Sansome Street 33rd Floor, 40th Floor, San Francisco, California, 94104
Website
ir.wish.com
Telephone
1 415 4327323
No of Employees
452
Industry
Technology and Communications
Ticker Symbol & Exchange
WISH (NASD)
Revenue (2022)
$287.0M
-49.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
17.4%
(2022 vs 2021)
Market Cap*
$140.0M
Net Profit Margin (2022)
XYZ
-64.2%
(2022 vs 2021)
* As of and is in US$
ContextLogic Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Mobile E-Commerce Platform |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced plans to sell its operating assets and liabilities to Qoo10 for US$173 million. |
| 2023 | Contracts/Agreements | In November, the company entered into a partnership with Octopia under which Europe-based merchants will start selling on its platform. |
| 2023 | Contracts/Agreements | In July, the company entered into a partnership agreement with Singapore Post Limited to improve the shipping experience for its Australian consumers. |
Competitor Comparison
| Key Parameters | ContextLogic Inc | Lowe's Companies Inc | Best Buy Co Inc | Bed Bath & Beyond Inc | Poshmark Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | San Francisco | Mooresville | Richfield | Union | Redwood City |
| State/Province | California | North Carolina | Minnesota | New Jersey | California |
| No. of Employees | 452 | 182,000 | 90,000 | 20,000 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joe Yan | Chief Executive Officer; Director | Executive Board | 2023 | - |
| Vivian Liu | Chief Financial Officer; Chief Operating Officer | Senior Management | 2022 | 47 |
| Mauricio Monico | Chief Product Officer | Senior Management | 2022 | 43 |
| Rishi Bajaj | Director | Non Executive Board | 2023 | - |
| Julie Bradley | Director | Non Executive Board | 2020 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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