Wish is an eCommerce platform that allows users to shop for products on their mobile phone and computer. By leveraging a global supply chain of direct suppliers (approximately 80% located in China) and avoiding retail costs, Wish claims to offer consumers access to discounted goods. The company also utilizes big data principles and technology from advertising and search to create a personalized browsing experience for each individual consumer. Revenues have been doubling annually for the last eight years and topped $1 billion in 2017. Notable backers include Yuri Milner’s DST Global and Hans Tung’s GGV Capital.
The Company was founded in 2011 by Peter Szulczewski and Danny Zhang and is headquartered in San Francisco, California.
Source: Crunchbase; Forbes
Wish, Netflix, Uber and ~100 others testing WhatsApp’s new Business API
TechCrunch - Aug 31, 2018
10,789 viewsJun 15, 2018, 06:00am Wish Founder Revamps 'Culture And Operations' To Tackle Walmart, Amazon
Forbes - Jun 15, 2018
Wish may break $2 billion in revenue this year
Business Insider - Jun 12, 2018
E-commerce platform Wish hit with another ASA ban for ‘inappropriate’ smartphone game ads
The Drum - Apr 18, 2018
Amazon takes on Wish with an “Under $10” selection of products that ship for free
TechCrunch - Jan 17, 2018
Wish was most downloaded US shopping app in 2017
Tamebay - Jan 17, 2018
Lakers' Wish comes true as company signs jersey sponsor
ESPN - Sep 21, 2017
The Wish shopping app is paying more than $30 million to put its logo on Lakers jerseys
recode - Sep 21, 2017
At $8.5 Billion, Shopping App 'Wish' Is Now Worth More Than Sears, Macy's And JC Penney Combined
Forbes - Sep 20, 2017
*Based on Preferred Stock Price, Wish does not have a stock symbol since it is currently private and is yet to have an IPO.
Virgin Hyperloop One,
Dollar Shave Club,
- Peter Szulczewski, Co-Founder & CEO
- Danny Zhang, Co-Founder & Chief Technology Officer
- Rajat Bahri, Chief Financial Officer
EquityZen does not have an affiliation with, formal relationship with, or endorsement from Wish or any companies featured above.
This profile is based on publicly available information and is intended to be informative in nature.