Wish Shopping

San Francisco, United States Founded: 2009 • Age: 17 yrs Acquired
Online marketplace platform offering multi-category consumer products

About Wish Shopping

Wish Shopping is a Retail company based in San Francisco (United States) founded in 2009 by Hyunwook Cho. Wish Shopping has raised $928.7 million across 8 funding rounds from investors including JD.com, General Atlantic and Temasek. The company has 885 employees. Wish Shopping has completed 1 acquisition, including Locket. Wish Shopping was last valued at $173 million in February 2024. Its website wish.com draws about 2 million monthly visits. The company has since been acquired. Its focus areas include Horizontal E-Commerce and Marketplace. Its legal entity in India is Contextlogic Information Technology India Private Limited (U74999KA2018PTC109395). Its competitors include Amazon and Zulily; 2 of its 2 listed competitors have raised funding.

Company details

Online marketplace platform offering multi-category consumer products. The product catalog includes fashion, beauty, electronics, garden supplies, home decor, baby care products, home care, stationery, books, sports, and more.

Key Metrics
  • Indian entity net loss
    -₹25.2 Lakh

    FY 2020 · 0% margin

  • Indian entity EBITDA
    -₹25.2 Lakh

    FY 2020 · 0% margin

  • Total Equity Funding
    $928.7M (USD)

    in 8 rounds

  • Latest Funding Round
    $300M (USD), Series H

    Aug 2019

  • Investors
    JD.com

    & 53 more

  • Employee Count
    885
  • Investments & Acquisitions

Apps and channels of Wish Shopping

Wish Shopping publishes 1 mobile app with over 500M+ downloads.

Wish: Shop and Save
Google Play Shopping Teen Free 500M+ downloads
Developer: Wish US Holdings LLC
View on Google Play

Funding Insights of Wish Shopping

Wish Shopping has successfully raised a total of $928.7M across 8 strategic funding rounds. The most recent funding activity was a Series H round of $300 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $928.7M
  • Total Rounds 8
  • Last Round Series H β€” $300M
  • First Round $1.7M

    (Mar 2011)

  • Investors Count 54

All 8 funding rounds of Wish Shopping with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2019$300MSeries H–General Atlantic
–
May 2017Series F–Everbright-IDG
Jan 2016$50MSeries D–JD.com
–
May 2015$500MSeries D–DST Global Partners
–
Jun 2014$50MSeries C–Founders Fund
Apr 2014$19MSeries B–GGV Capital, Formation 8
May 2012$8MSeries A––
Mar 2011$1.7MAngel Round––
Valuation history
DateValuationStage
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Full valuation and stage history of Wish Shopping

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Last known valuation $173M (Feb 2024). 54 investors in total: 53 institutional and 1 angel.

Investors in Wish Shopping

Wish Shopping has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include JD.com, General Atlantic and Temasek.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity fund focused on global markets
1980generalatlantic.comNew York, United States
Venture capital investment firm
dst-global.comMenlo Park, United States
Venture capital investments in technology and defense sectors.
foundersfund.com
Venture capital is invested in cybersecurity, fintech, and AI startups.
ggvc.comMenlo Park, United States
VC Firm investing in the US
formation8.comSan Francisco, United States
Venture Capital firm focused on multiple sectors
legendcapital.com.cnHaidian, China
AME Cloud Ventures is focused on investing in data-driven technology companies.
amecloudventures.comPalo Alto, United States
VC firm making investment in early stage companies in the US
transmediacapital.comSan Francisco, United States
Investments in technology startups are made by Felicis Ventures.
felicis.comMenlo Park, United States
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
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Investor details for Wish Shopping

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Board of directors of Contextlogic Information Technology India Private Limited (Wish Shopping)

Contextlogic Information Technology India Private Limited is the primary company behind Wish Shopping. The board of Contextlogic Information Technology India Private Limited currently have 4 directors; the longest-serving is Brett Richard Eliot Just, appointed in 2021. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Brett Richard Eliot Just
DIN 09370549
Director26 Nov 20214 yrs 11 moContextlogic Information Technology India Private Limited
Vijay Mahbubani
DIN 09380046
Director26 Nov 20214 yrs 11 moContextlogic Information Technology India Private Limited
Sarfaraz Mahmadbasir Dhanani
DIN 09501020
Additional Director01 Jun 20233 yrs 5 moContextlogic Information Technology India Private Limited
Anuraag Gambhir
DIN 09427781
Director18 Apr 20242 yrs 6 moContextlogic Information Technology India Private Limited

People of Wish Shopping

69 people are tracked at Wish Shopping (16 in leadership, 12 in board & advisors, 41 in team); the tracked headcount is 885.

NameRoleGroup
Vijay Pandurangan
Leadership
Hyunwook Cho
FounderLeadership
Jim Yang
Director Of Software EngineeringLeadership
Tina Liang
Director of EngineeringLeadership
Sameer Saran Saxena
Head Of SecurityLeadership
Nidheesh Puthalath
Director Of EngineeringLeadership
Raju Kolluru
VP Of Engineering & SecurityLeadership
Gabriel Rothschild Jr
Co Managing PartnerLeadership
Charlie Yin
Logistics Director,north AmericaLeadership
Heidi Burns
Head Of Business Development And Partnerships, EMEALeadership
Michelle Cho
Chief Operating OfficerLeadership
Veronica Kramer
Director of Product and Operations - Risk, Payments, Merchant SucessLeadership
President & CEOLeadership
Natalie Bennett
Director Of OperationsLeadership
Garry E
Senior Director Business DevelopmentLeadership
Xiang Song
Director Of Engineering, Head Of SeattleLeadership
Stephanie Tilenius
DirectorBoard & advisors
Ariel Emanuel
DirectorBoard & advisors
Julie Bradley
DirectorBoard & advisors
Danny Zhang
Co-FounderBoard & advisors

49 more people are available in the full profile.

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Financials of Wish Shopping

Figures of Contextlogic Information Technology India Private Limited, the primary company behind Wish Shopping, for FY 2020. Net loss was -₹25.2 Lakh (0% margin). EBITDA was -₹25.2 Lakh (0% margin).

  • -₹25.2 LakhNet loss · 0% margin
  • -₹25.2 LakhEBITDA · 0% margin
  • ₹39 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Contextlogic Information Technology India Private Limited are on its company page.

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Detailed financial statements for Wish Shopping

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  • Downloads

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Investments & Acquisitions by Wish Shopping

Wish Shopping has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Locket.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Lock-screen ads are utilized to reengage mobile app users.
getlocket.comSan Francisco, United States2013β€’β€’β€’β€’
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Timeline of Wish Shopping

5 dated milestones of Wish Shopping across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wish Shopping is founded.
  2. Funding First funding round of $1.7M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series H, of $300.0M.
  5. IPO Lists on the stock exchange (IPO).

Competitors of Wish Shopping

Wish Shopping has 2 listed competitors in our database, 2 of them funded. They include Amazon and Zulily.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amazon.com1994Seattle, United States$8M1,556,000
Multi-category products are offered through an online marketplace.
zulily.com2009Seattle, United States$134.6M2,866
Online shopping platform is operated via flash sales by Zulily.
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Detailed competitors of Wish Shopping

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Web traffic of Wish Shopping

The website of Wish Shopping (wish.com) receives about 2M visits a month.

  • Monthly visits
    2M

    ▼ 2.4% vs previous month

Similar websites

Websites whose visitors overlap most with Wish Shopping. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aliexpress.com
100%
#52View details
temu.com
temu.com
98%
#27–
alibaba.com
92%
171.9M#199View details
etsy.com
91%
459.5M#64View details
target.com
90%
208.7M#155View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Wish Shopping

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Frequently Asked Questions about Wish Shopping

Wish Shopping was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Wish Shopping is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Wish Shopping is a funded company, having raised a total of $928.7M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $1.7M, raised on Mar 2011.

Wish Shopping has 885 employees.

Online marketplace platform offering multi-category consumer products. The product catalog includes fashion, beauty, electronics, garden supplies, home decor, baby care products, home care, stationery, books, sports, and more.

Wish Shopping's top competitors include Amazon and Zulily.

Wish Shopping has made 1 acquisition, including Locket.

Wish Shopping has 54 investors. Key investors include JD.com, General Atlantic, Temasek, FJ Labs, and Digital Garage.

The valuation of Wish Shopping is $173M as of Feb 2024.

Wish Shopping operates through Contextlogic Information Technology India Private Limited.

The legal entities of Wish Shopping currently have 4 directors, including Sarfaraz Mahmadbasir Dhanani, Brett Richard Eliot Just, Vijay Mahbubani and others.

Yes. Wish Shopping publishes Wish: Shop and Save, with over 500 million downloads.

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