Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

E-Commerce Unicorn Wish Files for IPO

TheMotleyFool

0 0

Wish, an e-commerce platform known for selling goods from Asia at rock-bottom prices, has filed a preliminary S-1 with the Securities and Exchange Commission in preparation for its initial public offering (IPO).

Wish's parent company, ContextLogic, plans to list its shares on the Nasdaq stock exchange using the ticker symbol WISH. Since this is the company's initial regulatory filing, Wish listed a $1 billion placeholder as the amount it hopes to raise, and has yet to disclose how many shares it will offer or a timeline for its debut.

According to the filing, the company's mission is to "Bring an affordable and entertaining mobile shopping experience to billions of consumers around the world."

Source Fool.com

Like: 0

AMZN

Share