ContextLogic Holdings Inc.
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ContextLogic Holdings Inc. - overview
Established
2010
Location
Oakland, CA, US
Primary Industry
Internet
About
Based in Oakland, US and founded in 2010 by Danny Zhang and Peter Szulczewski, ContextLogic Holdings Inc. operates as a mobile commerce platform that enhances consumer purchasing processes. In February 2025, BC Partners agreed to acquire 75,000 shares in ContextLogic Inc. for USD 75 million or at 1000 apiece, in a PIPE transaction.
ContextLogic primarily offers a mobile commerce platform that facilitates an efficient shopping experience for consumers. Users can explore a diverse range of products from multiple categories, benefiting from features like user-friendly navigation, personalized recommendations, and a smooth checkout process. The platform appeals to individual customers seeking convenience and retailers aiming to increase their online visibility, with services marketed chiefly in North America, Europe, and selected Asian markets where mobile commerce is growing. ContextLogic generates revenue primarily through a commission structure based on transactions on its platform.
The company retains a percentage of each sale made by consumers, linking its financial performance directly to platform usage. This model creates a diversified revenue stream from both direct-to-consumer sales and partnerships with various merchants, supported by promotional campaigns intended to boost consumer spending and engagement. ContextLogic plans to utilize the recent Angel funding of USD 1. 7 mn for strategic initiatives aimed at product innovation and market expansion.
Upcoming product enhancements are in development, though specific launch dates remain unannounced. The company is targeting expansion into additional markets in Asia and Europe by the end of 2022, aiming to further capture the mobile commerce landscape.
Current Investors
BC Partners, Temasek Holdings, Founders Fund
Primary Industry
Internet
Sub Industries
Consumer Products, Retail, Internet
Website
www.wish.com
Verticals
Artificial Intelligence, E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
ContextLogic Holdings Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | US Salt, LLC | - | ||||||||
| PIPE | Completed | ContextLogic Holdings Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | ContextLogic Holdings Inc. | - |
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