E-commerce platform said Monday that it confidentially filed an S-1 registration document with the United States Securities and Exchange Commission to go public.
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A confidential S-1 filing means that while Wish has initiated the process to go public, its financials and other business information are not publicly available through the SEC.
As a private company, Wish raised $1.6 billion in total funding from investors including , 听补苍诲 . The company last raised money with its $300 million n August 2019.
Wish has more than 70 million active users and more than 1 million registered merchants, according to its website, and more than 3 million products are sold every day through the platform.
Wish joins a busy lineup of tech startups that have filed to go public or made their S-1 documents public within the last week or so. , , 听补苍诲 are among the companies that have rushed to the public markets ahead of the 2020 presidential election in November.聽
We鈥檒l have more when Wish鈥檚 S-1 document becomes public.
Illustration: Li-Anne Dias
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