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Dec 31, 2020
Wish Q4 2020 Earnings Report
Wish's Q4 2020 revenue grew, driven by strong demand for Marketplace and Logistics services.
Key Takeaways
Wish reported a strong Q4 2020 with revenue growth of 38% year-over-year, driven by demand for its Marketplace and Logistics services. Core Marketplace Revenue per Active Buyer increased 66% year-over-year. The company ended the year with a solid cash position of $2 billion.
Q4 revenue increased by 38% year-over-year.
Core Marketplace Revenue per Active Buyer grew 66% year-over-year.
Wish Local accounted for more than 6% of total orders in Q4.
The number of U.S. merchants in the network grew by 435% year-over-year.