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Wish is an American online e-commerce platform for transactions between sellers and buyers. Wish was founded in 2010 by Piotr Szulczewski (former CEO) and Danny Zhang (former CTO). Wish is currently operated by ContextLogic Inc. in San Francisco , United States, pending the completion of a sale to Qoo10 initiated in February 2024.
Piotr Szulczewski (pronounced [ˈpjɔtr ʂulˈt͡ʂɛfskʲi]; born 1981) is a Canadian-Polish businessman and computer engineer who is the founder and former CEO of the mobile-first ecommerce platform focused on low-cost goods, Wish.com.
In February 2024, Qoo10 acquired Wish.com, an American e-commerce platform for approximately $173 million. [19] At that time, the Qoo10.com site rebranded the logo from Qoo10 to Wish+. But the Tmon and WeMakePrice refund issue cause the name to be retracted to Qoo10. In August 2024, Qoo10 reportedly cut over 80% of its workforce in Singapore.
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Immediately after, Amazon.com launched its online shopping site in 1995 and eBay was also introduced in 1995. [14] Alibaba 's sites Taobao and Tmall were launched in 2003 and 2008, respectively. Retailers are increasingly selling goods and services prior to availability through " pretail " for testing, building, and managing demand.
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