Published in


Make A Wish 🛍

2020 has been a major year for Initial Public Offerings. With big names like Airbnb planning to go public very soon, another well-known internet-based marketplace is also getting ready to kick off its IPO.

E-commerce company Wish is looking to raise as much as $1.1 Billion in its IPO by selling 46 million shares priced between $22 and $24 per share, according to a recent filing released by the company. Privately, the company’s most recent valuation came in at $11.2 billion. Given their plans, Wish’s valuation will surpass that amount and be valued up to $14.07 billion.

Founded by former Google engineer Peter Szulczewski, one of the main concerns for the company comes from its heavy concentration in China. This has had a serious toll on Wish’s health throughout the pandemic as the company has been showing moderate revenue growth and steady losses, according to its prospectus.

Is this one the exciting IPOs you are looking to be a part in the upcoming months or is it an easy pass on this one?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Originally published at on December 8, 2020.




Financial insights and news to helping educate investors. We deliver content from market leaders, academics, investors and more who are keen to share their intelligence on the latest business developments.

Recommended from Medium

How technology changes car dealerships?

Technology Trends In Banking Industry

SovTech and App Development for Social Good

How Colive rentX has changed the way Indian millennials think about house-hunting

Highway to Hell

Sustainability in the Tourism Industry

Neeyamo Sponsors the ‘Global Payroll Titan Award’ Presented by GPMI

Crossing the technology chasm — rebuild or perish

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


Build confidence, and invest with knowledge. Play, learn, & invest on the Invstr app today! Available on iOS and Android.

More from Medium

How to Develop Trading Discipline

Books to Get You Started with Investing in The Stock Market

Introduction to stock market

4/29/22 Daily Stock Market Retrospective

Forex / Currency Trading frauds in India