Is Wish the Next Great Meme Stock? And Can Wish Compete with Amazon? | Context Logic Inc (NASDAQ: WISH)

In this episode, Dan and Albert talk about Wish, part of Context Logic Inc (NASDAQ: WISH).

Wish is an online e-commerce store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. As of September 30, 2020, Wish had over 100 million Monthly Active Users and over 500,000 merchants. Wish facilitated the shipment of over 640 million items to buyers across more than 100 countries and were the #1 downloaded shopping app in each of the last three years.

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In this episode we cover:

• What is Wish (how does their E-commerce site look and feel)
• Why is Wish trending on Wallstreet Bets (is it a meme stock?)
• What is Wish's strategy and why they target budget consumers
• Can Wish compete with Amazon?
• How Wish use outrageous products to drive their viral marketing
• Is Wish just a growth story without sustainable profits
• What happens when their marketing budget runs out
  

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All information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, investment, legal or tax advice. The hosts of Fresh Capital are not financial professionals and are not aware of your personal financial circumstances. Any opinions expressed herein are not recommendations or advice. Please consult a licensed financial professional before you invest.

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