Mobile shopping platform, Wish, is aiming to raise over $1.1bn after filing for its initial public offering.
Parent company, ContextLogic, plans to list the eCommerce platform, with 46 million shares priced at between $22 and $24. This would value the company at over $14bn, according to a new filing on Monday.
Founded in 2010, Wish says its aim is to democratise mobile commerce by making it affordable and accessible to everyone.
Wish reports to have online more than 100 million active monthly users in over 100 countries, and offer around 150 million items. Its online platform features a variety of discounted goods, ranging from homeware and apparel to toys and electronics.
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