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ContextLogic (Wish) Priced, Nasdaq: WISH

Provides an e-commerce platform for ultra-bargain unbranded merchandise.

Industry: Technology

Latest Trade: $0.88 0.00 (0.0%)

First Day Return: -16.5%

Return from IPO: -96.4%

Industry: Technology

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. We are focused on democratizing mobile commerce by making it affordable and accessible to anyone.
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IPO News for ContextLogic (Wish)
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IPO Data
IPO File Date 11/20/2020
Offer Price $24.00
Price Range $22.00 - $24.00
Offer Shares (mm) 46.0
Deal Size ($mm) $1,104
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/15/2020
Offer Price $24.00
Price Range $22.00 - $24.00
Offer Shares (mm) 46.0
Deal Size ($mm) $1,104
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Francisco, CA
Founded 2010
Employees 828
Website www.wish.com