ContextLogic

Acquired

Redefining Commerce

San Francisco, United States · Founded 2010 · $1.5B raised

Employees
1–10
Founded
2010
Business Model
Marketplace
Total Funding
$1.5B
Last Round
$300.0M Series G+Aug 2019
Rounds
8
Acquisition Date
Apr 2024

About

ContextLogic Inc. (formerly operating as Wish) was a San Francisco-based e-commerce marketplace company founded in 2010 by Piotr Szulczewski and Danny Zhang. At its peak, Wish was one of the world's largest mobile commerce platforms, connecting hundreds of millions of shoppers with merchants globally. In early 2024, ContextLogic sold substantially all of Wish's operating assets — including the brand, platform, and merchant relationships — to Singapore-based Qoo10 for approximately $161 million in cash. Following the asset sale, ContextLogic became a shell company with fewer than 10 employees, retaining its public listing (Nasdaq: WISH) as it explores new strategic opportunities.

Summary

ContextLogic is an E-Commerce company based in San Francisco, United States, founded in 2010. It has raised $1.5B in total across 8 rounds, most recently a $300.0M Series G+ round in Aug 2019. Investors include 8VC, Founders Fund and Qoo10.

Tech & App Stack

10 technologies & apps tracked

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Funding History

AcquisitionApr 2024
$173.0M

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Investors

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