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Invested by Founders Fund, GGV Capital, Digital Sky Technologies.ContentLogic
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"Context Logic" has a service, which is named as Wish - an online e-commerce platform that facilitates transactions between sellers and buyers. It was founded in 2010 by Peter Szulczewski (CEO) and Danny Zhang (CTO). |
The platform allows sellers to list their products on Wish and sell directly to consumers.
- Wish acts as a intermediary handling payments but does not stock the products themselves or manage returns.
- Wish is repeatedly listed as one of the leading platforms for selling counterfeit goods which has, among other things, resulted in lawsuits by impacted brands.