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With 100 million active monthly users already, Wish aims to attract the next billion mobile e-commerce shoppers with a focus on affordability and lower-income customers.
ContextLogic Inc, the parent company to mobile e-commerce platform Wish, has filed for an initial public offering amid a massive shift to online shopping during COVID-19.
ContextLogic aims to raise up to $1.10 billion. Wish plans to list 46 million shares at a price between $22 and $24.