What is Wish?
Founded in 2010, Wish has evolved from a niche startup into one of the largest and fastest-growing ecommerce platforms globally. By leveraging a data-driven approach to supply chain management and consumer engagement, the company has successfully bridged the gap between millions of users and over half a million merchants. Its business model focuses on providing an accessible, mobile-first shopping experience that prioritizes affordability and discovery, effectively disrupting traditional retail paradigms through its unique logistics and merchant-direct infrastructure.
How much funding has Wish raised?
Wish has raised a total of $2.7B across 7 funding rounds:
Series A
$8M
Series B
$19M
Series C
$50M
Series D
$500M
Series E
$500M
Series F
$500M
Stock Offering
$1.1B
Series A (2012): $8M with participation from Lefrak Organization and AME Cloud
Series B (2014): $19M led by GGV Capital and Formation 8
Series C (2014): $50M supported by AME Cloud, Founders Fund, GGV Capital, Legend Capital, and Cherubic Ventures
Series D (2015): $500M featuring DST Global
Series E (2016): $500M backed by Founders Fund, DST Global, and GGV Capital
Series F (2017): $500M with participation from IDG Capital Partners, Third Point Ventures LLC, Founders Fund, and Temasek Holdings
Stock Issuance/Offering (2020): $1.1B led by Undisclosed
Key Investors in Wish
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages, providing maximum support with minimum interference.
GGV Capital
GGV Capital is a global venture firm that invests in local founders across social, internet, enterprise tech, and smart tech sectors.
Temasek Holdings
Temasek is a global investment company headquartered in Singapore, acting as a generational investor with a focus on long-term value creation.
What's next for Wish?
Following its recent major strategic investment, Wish is well-positioned to further optimize its operational efficiency and expand its global footprint. The company's lifecycle stage, characterized by significant enterprise-level backing, suggests a continued focus on enhancing its technological stack and refining its logistics network to maintain competitive advantages. As the ecommerce sector continues to mature, Wish is expected to leverage its substantial capital reserves to deepen its market penetration and explore new avenues for sustainable, long-term value creation in the global digital economy.
See full Wish company page
