Wish Shopping - About the company
Wish Shopping is an acquired company based in San Francisco (United States), founded in 2009 by Danny Zhang and Hyunwook Cho. It operates as an Online marketplace platform offering multi-category consumer products. Wish Shopping has raised $929M in funding from investors like General Atlantic, JD.com and Founders Fund, with last known valuation of $173M. The company has 8777 active competitors, including 155 funded and 180 that have exited. Its top competitors include companies like Flipkart, Amazon and Snapdeal.
Sectors and market segments that Wish Shopping operate in
Wish Shopping serves in the Retail market segments.The primary business model of Wish Shopping is: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.
- Website
- www.wish.com/
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2009
Location
San Francisco, United States
Stage
Acquired
Total Funding
$929M in 8 rounds
Latest Funding Round
Last Known Valuation
$173M as on Feb 10, 2024
Investors
Ranked
25th among 8777 active competitors
Employee Count
889 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Acquired
Legal entities associated with Wish Shopping
Wish Shopping is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONTEXTLOGIC INC. CIN: 272930953 , United States, Active | Dec 31, 1999 | $10M - $50M (As on Dec 31, 2024) | 204 (As on Dec 31, 2023) | - |
QOO10 PTE. LTD. CIN: 201805067G , Singapore, Active | Dec 31, 2009 | - | - |
Wish Shopping's acquisition details
Wish Shopping got acquired on Feb 10, 2024 at an acquisition amount of $*****.
Click here to take a look at Wish Shopping's acquisition in detail
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Wish Shopping's funding and investors
Wish Shopping has raised a total funding of $929M over 8 rounds. Its first funding round was on Mar 03, 2011. Its latest funding round was a Series H round on Aug 01, 2019 for $300M. 1 investor participated in its latest round. Wish Shopping has 73 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Wish Shopping:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2019 | $300M | Series H | $11.2B | - | - | |
May 15, 2017 | Undisclosed | Series F | - | - | ||
Jan 18, 2016 | $50M | Series D | - | - | - |
View details of Wish Shopping's funding rounds and investors
Wish Shopping's founders and board of directors
Founder? Claim ProfileThe founders of Wish Shopping are Danny Zhang and Hyunwook Cho.
Here are the details of Wish Shopping's key team members:
- Danny Zhang: Co-Founder & CTO of Wish Shopping and founder of 1 other company. They are also an angel investor in 3 startups.
- Hyunwook Cho: Co-Founder of Wish Shopping and founder of 1 other company.
View details of Wish Shopping's Founder profiles and Board Members
Wish Shopping's employee count trend
Wish Shopping has 889 employees as of Apr 26. Here is Wish Shopping's employee count trend over the years:
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Wish Shopping's Competitors and alternates
Top competitors of Wish Shopping include Flipkart, Amazon and Snapdeal. Here is the list of Top 10 competitors of Wish Shopping, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of various products including electronics, fashion, and groceries | $12.1B | 89/100 | ||
2nd | Amazon 1994, Seattle (United States), Public | Online marketplace and cloud computing provider | $8M | 85/100 | |
3rd | Online retailer of clothing, shoes, and home decor items | $1.77B | 84/100 | ||
4th | Zulily 2009, Seattle (United States), Acquired | Online shopping platform using flash sales | $135M | 84/100 | |
5th | Online marketplace providing a platform for individuals and small businesses to sell products across various categories | $1.36B | 83/100 | ||
6th | eBay 1995, San Jose (United States), Public | Online retailer of electronics, cars, fashion, collectibles, sports, and more | - | 81/100 | |
7th | Online marketplace offering multi-category products | $593M | 81/100 | ||
8th | Online marketplace offering multi-category products from independent designers | $98M | 77/100 | ||
9th | FabFitfun 2010, Beverly Hills (United States), Series A | Online retailer offering subscription-based multi-category products | $94.6M | 75/100 | |
10th | Provider of an online marketplace for various products | - | - | 74/100 | |
25th | Wish Shopping 2009, San Francisco (United States), Acquired | Online marketplace platform offering multi-category consumer products | $929M | 65/100 |
Looking for more details on Wish Shopping's competitors? Click here to see the top ones
Wish Shopping's Investments and acquisitions
Wish Shopping has acquired Locket. Wish Shopping has not made any investments as of now.Reports related to Wish Shopping
Here is the latest report on Wish Shopping's sector:
News related to Wish Shopping
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ShopClues eyes North American, European market with Qoo10’s recent acquisition of WishBusinessnewsthisweek•Jun 24, 2024•ShopClues, Wish Shopping, Qoo10
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ContextLogic Announces Post-Closing Board of Directors and Management TeamBenzinga•Apr 03, 2024•Wish Shopping, Qoo10
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ContextLogic says Rishi Bajaj to become CEO after Qoo10 deal closingSeeking Alpha•Apr 02, 2024•Wish Shopping
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Qoo10 Acquires AK Mall Following TMON, Wemakeprice, InterparkBusinesskorea•Mar 29, 2024•Wish Shopping, Qoo10, AK Holding
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Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial ResultsGlobeNewswire•Mar 05, 2024•Wish Shopping
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Qoo10 Acquires US Online Shopping Giant Wish for $173M, Shakes Up South-east Asian E-commerceBNN•Mar 04, 2024•Wish Shopping, Qoo10, Qoo10, Temu and 4 others
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