Private company

ContextLogic Inc.

ContextLogic Inc. is an American retail-catalog and mail-order houses company, incorporated in Delaware.1 It is headquartered in Oakland, California.1

Last updated Oct 21, 2026.

Overview

$43.0MRevenue, fiscal 20242
-$75.0MNet income, fiscal 20243
  • IndustryRetail-Catalog & Mail-Order Houses1
  • HeadquartersOakland, California1
  • Incorporated inDE4
  • Business address2648 International Blvd., Suite 115, Oakland, Ca 946014
  • Filer categoryAccelerated filer, Smaller reporting company4

Prior to the Asset Sale (as defined below), ContextLogic Inc (the "Company", "ContextLogic", "we" or "us") owned a global e-commerce platform known as "Wish" that connected millions of value-conscious consumers to hundreds of thousands of merchants globally. Wish combined technology and data science capabilities and an innovative discovery-based mobile shopping experience to create a highly-visual, entertaining, personalized, and discovery-based shopping experience for its users. Wish users engaged with the app in a similar manner to how they engage with social media, which is scrolling through visually-rich and interactive content. Wish provided its merchants with immediate access to its global base of monthly active users and a comprehensive suite of merchant services, including demand generation and engagement, data intelligence, promotional and logistics capabilities, integration par…6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

16.3%Gross margin2
-183.7%Operating margin2
-174.4%Net margin3
-85.0%Revenue growth, 20242
-49.7%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue53¢$36.0M
  • Research and development38¢$26.0M
  • Income tax9¢$6.0M

Out of $43.0M in revenue.23 The company lost money this year.

Financial statements

Revenue789102$43.0M in 2024−98% since 2018
0$1.0B$2.0B$3.0B2018: $1.7B$1.7B20182019: $1.9B$1.9B2019+10%2020: $2.5B$2.5B2020+34%2021: $2.1B$2.1B2021−18%2022: $571.0M$571.0M2022−73%2023: $287.0M$287.0M2023−50%2024: $43.0M$43.0M2024−85%
Gross profit789102$7.0M in 2024−100% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $1.4B$1.4B20182019: $1.5B$1.5B2019+1%2020: $1.6B$1.6B2020+9%2021: $1.1B$1.1B2021−30%2022: $166.0M$166.0M2022−85%2023: $59.0M$59.0M2023−64%2024: $7.0M$7.0M2024−88%
Operating income789102-$79.0M in 2024−65% since 2018
-$800.0M-$600.0M-$400.0M-$200.0M02018: -$223.0M-$223.0M20182019: -$144.0M-$144.0M2019−35%2020: -$631.0M-$631.0M2020+338%2021: -$367.0M-$367.0M2021−42%2022: -$398.0M-$398.0M2022+8%2023: -$328.0M-$328.0M2023−18%2024: -$79.0M-$79.0M2024−76%
Net income7893-$75.0M in 2024−64% since 2018
-$800.0M-$600.0M-$400.0M-$200.0M02018: -$208.0M-$208.0M20182019: -$129.0M-$129.0M2019−38%2020: -$745.0M-$745.0M2020+478%2021: -$361.0M-$361.0M2021−52%2022: -$384.0M-$384.0M2022+6%2023: -$317.0M-$317.0M2023−17%2024: -$75.0M-$75.0M2024−76%
Fiscal year20172018201920202021202220232024
Revenue$1.7B7$1.9B8$2.5B9$2.1B9$571.0M10$287.0M2$43.0M2
Cost of revenue$278.0M7$443.0M8$947.0M9$977.0M9$405.0M10$228.0M2$36.0M2
Gross profit$1.4B7$1.5B8$1.6B9$1.1B9$166.0M10$59.0M2$7.0M2
Research and development$45.0M7$74.0M8$222.0M9$208.0M9$194.0M10$152.0M2$26.0M2
Operating expenses$1.5B9$564.0M10$387.0M2$86.0M2
Operating income-$223.0M7-$144.0M8-$631.0M9-$367.0M9-$398.0M10-$328.0M2-$79.0M2
Income before tax-$351.0M9-$383.0M10-$312.0M2-$69.0M2
Income tax$1.0M8$2.0M9$10.0M9$1.0M10$5.0M2$6.0M2
Net income-$208.0M7-$129.0M8-$745.0M9-$361.0M9-$384.0M3-$317.0M3-$75.0M3
Earnings per share-$5.879-$0.579-$17.1310-$13.362-$2.922
Earnings per share (diluted)-$5.879-$0.579-$17.1310-$13.362-$2.922
Shares (weighted, basic)629.0M shares922.4M shares1023.7M shares225.7M shares2
Shares (weighted, diluted)629.0M shares922.4M shares1023.7M shares225.7M shares2

Compare ContextLogic Inc. with another company

Corporate structure

ContextLogic Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ContextLogic Inc.

  • ContextLogic Inc. Oakland, California
    • ContextLogic Holdings, LLC, Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ContextLogic Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$4.0M2 Dec 31, 2023$9.0M10 Dec 31, 2022−55.6%
Operating-lease assets (leased space)$5.0M2 Dec 31, 2023$9.0M10 Dec 31, 2022−44.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$66.0M2 Dec 31, 2024$238.0M2 Dec 31, 2023−72.3%
Marketable securities, current$83.0M2 Dec 31, 2024$144.0M2 Dec 31, 2023−42.4%

Properties, in its own words

Our corporate headquarters is a virtual office in Oakland, California. Upon the closing of the Asset Sale, our previous headquarters, which consisted of approximately 69,000 square feet in San Francisco, California was transferred to the Buyer, which has assumed the Company's obligations under the lease for those headquarters, however, we are still a party to the Lease.

Item 2 of the 10-K filed Mar 12, 2025.6

Leadership

Who has led ContextLogic Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (27)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • ContextLogic Holdings, LLC, Delaware5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 7, 20258-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights50
  2. Aug 7, 20258-K Other events51
  3. Jul 25, 20258-K Shareholder vote52
  4. Jul 3, 20258-K Entered a material agreement; Other events53
  5. Jun 25, 20258-K Executive or director change54
  6. May 30, 20258-K Listing notice or transfer55
  7. May 9, 20258-K Results of operations; Regulation FD disclosure56
  8. Apr 17, 20258-K Executive or director change57
  9. Apr 2, 20258-K Executive or director change58
  10. Mar 28, 20258-K Listing notice or transfer59
  11. Mar 12, 20258-K Results of operations; Regulation FD disclosure60
  12. Mar 11, 20258-K Entered a material agreement; Executive or director change61
  13. May 3, 2024New chief executive Rishi Bajaj becomes CEO14
  14. Sep 14, 2022New chief executive Jun Yan becomes CEO16
  15. Feb 1, 2022New chief executive Vijay Talwar becomes CEO15

Calendar

When it reported results

  1. May 9, 2025Reported quarterly or annual results56
  2. Mar 12, 2025Reported quarterly or annual results60
  3. Nov 7, 2024Reported quarterly or annual results62
  4. Aug 8, 2024Reported quarterly or annual results63
  5. May 8, 2024Reported quarterly or annual results64
  6. Mar 4, 2024Reported quarterly or annual results65
  7. Nov 7, 2023Reported quarterly or annual results66
  8. Aug 3, 2023Reported quarterly or annual results67

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

455 filings to the SEC since October 2021: 6 annual reports, 12 quarterly reports, 54 major events, 305 insider forms, 17 large holders, 61 other. The latest 20:

  1. Apr 14, 2026PRE 14A EDGAR
  2. Nov 14, 2025SCHEDULE 13G/A EDGAR
  3. Aug 14, 2025SCHEDULE 13G EDGAR
  4. Aug 7, 2025S-8 POS EDGAR
  5. Aug 7, 2025S-8 POS EDGAR
  6. Aug 7, 2025S-8 POS EDGAR
  7. Aug 7, 2025S-8 POS EDGAR
  8. Aug 7, 2025S-8 POS EDGAR
  9. Aug 7, 2025S-8 POS EDGAR
  10. Aug 7, 2025S-8 POS EDGAR
  11. Aug 7, 20258-K EDGAR
  12. Aug 7, 202515-12G CERTIFICATION AND NOTICE OF TERMINATION EDGAR
  13. Aug 7, 20258-K/A CONTEXTLOGIC HOLDINGS INC. EDGAR
  14. Jul 25, 20258-K EDGAR
  15. Jul 17, 2025DEFA14A EDGAR
  16. Jul 10, 2025DEFA14A PROXY STATEMENT EDGAR
  17. Jul 3, 2025DEFA14A EDGAR
  18. Jul 3, 20258-K EDGAR
  19. Jul 2, 20254 EDGAR
  20. Jul 2, 20253 EDGAR

The 455 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

121 open-market trades by officers, directors and large owners since October 2021: 0 buys and 121 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 16, 2024Just BrettChief Financial OfficerSale4,369$5.64$24.6KForm 4
May 3, 2024Forster JoannaGeneral Counsel & CCOSale9,954$5.37$53.5KForm 4
May 3, 2024Just BrettChief Financial OfficerSale5,720$5.41$30.9KForm 4
May 2, 2024Forster JoannaGeneral Counsel & CCOSale16,394$5.45$89.3KForm 4
May 2, 2024Just BrettChief Financial OfficerSale500$5.50$2.8KForm 4
Mar 15, 2024Monico MauricioChief Product OfficerSale55,035$6.10$335.7KForm 4
Mar 12, 2024Just BrettChief Financial OfficerSale7,999$6.31$50.5KForm 4
Mar 8, 2023Wang Shuyan (Rachel)Head of Data ScienceSale20,337$0.48$9.8KForm 4
Mar 8, 2023Liu Ying VivianCFO and COOSale340,000$0.46$156.4KForm 4
Mar 2, 2023Jain Tarun KumarFormer Chief Product OfficerSale88,000$0.46$40.5KForm 4
Feb 13, 2023Talwar VijaySale550,000$0.88$481.2KForm 4
Feb 2, 2023Jain Tarun KumarFormer Chief Product OfficerSale76,629$0.77$59.0KForm 4
Jan 3, 2023Jain Tarun KumarFormer Chief Product OfficerSale88,000$0.49$43.1KForm 4
Dec 2, 2022Jain Tarun KumarFormer Chief Product OfficerSale88,000$0.69$60.7KForm 4
Nov 2, 2022Jain Tarun KumarFormer Chief Product OfficerSale88,000$0.74$65.1KForm 4
Oct 28, 2022Szulczewski Piotr10% ownerSale2,726,819$0.72$2.0MForm 4
Oct 27, 2022Szulczewski Piotr10% ownerSale2,041,160$0.76$1.6MForm 4
Oct 26, 2022Szulczewski Piotr10% ownerSale209,149$0.79$165.2KForm 4
Oct 25, 2022Szulczewski Piotr10% ownerSale1,382,459$0.78$1.1MForm 4
Oct 21, 2022Szulczewski Piotr10% ownerSale660,049$0.76$501.6KForm 4

All 121 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How ContextLogic Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARContextLogic Inc.1
  • CIK0001822250
  • Employer ID (EIN)27-29309536
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company6
  • Incorporated inDelaware6
  • Fiscal year endsDecember 311
  • Industry code (SIC)5961 Retail-Catalog & Mail-Order Houses1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address2648 International Blvd., Suite 115, Oakland, CA 946011
  • Phone415-432-73231
  • Shares outstanding26,612,092 as of Apr 30, 202513
  • Public float$149.0M as of Jun 30, 20246
  • AuditorBPM LLP, San Jose, California PCAOB ID 207; it also attests to the company’s internal control over financial reporting6
  • On EDGAR sinceAug 28, 20201
  • Filings657 in all: 4 (403), 8-K (62), 3 (38), DEFA14A (23), 4/A (22), 10-Q (13), SC 13G (11), SC 13G/A (10)1
    All 38 form types

    144 (8), S-8 (7), S-8 POS (7), 10-K (5), DEF 14A (5), UPLOAD (4), 8-K/A (3), CORRESP (3), DRS/A (3), PRE 14A (3), 10-K/A (2), 3/A (2), 8-A12B (2), ARS (2), DRSLTR (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 10-Q/A (1), 15-12G (1), 25 (1), 424B4 (1), CERT (1), DEFM14A (1), DEFR14A (1), DRS (1), EFFECT (1), NT 10-K (1), PREM14A (1), S-1 (1), S-1/A (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2025
    Quarterly report (10-Q) May 9, 2025
    Proxy statement (DEF 14A) May 28, 2025
    Latest 8-K (8-K) Aug 7, 2025

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $0.0001 par valueLOGCNasdaq Global Select Market
Preferred Stock Purchase RightsNasdaq Global Select Market

From the cover page of the 10-K filed Mar 12, 2025 (Section 12(b) of the Exchange Act).6

Risk factors and legal proceedings

The risks ContextLogic Inc. names in Item 1A of its 10-K filed Mar 12, 2025: 29 risks under these headings, as written.6

  • Risks Related to Our Business
  • Since the Asset Sale, we have had no material operations and no material sources of operating revenue, which may negatively impact the value and liquidity of our common stock.
  • If we are deemed to be an investment company under the ICA, our results of operations could be harmed.
  • We continue to incur the expense of complying with public company reporting requirements following the closing of the Asset Sale.
  • We have been, and may in the future be, involved in litigation matters or other legal proceedings that are expensive and time consuming.
  • We depend upon our subsidiary, ContextLogic Holdings, LLC (“Holdings”), for our cash flows and we may not have sufficient cash flows or cash on hand to satisfy our obligations, or we may not be able to effectively manage our business.
  • Our subsidiary, Holdings, is subject to certain restrictions under its Amended and Restated Limited Liability Agreement (the “A&R LLCA”), which could affect our ability to execute our operational and strategic objectives.
  • The holders of the Preferred Units have rights, preferences and privileges in Holdings that are not held by, and are preferential to, the rights of the Company. Holdings may be required, under certain circumstances, to repurchase the outstanding Preferred Units for cash, and such obligations could adversely affect our liquidity and financial condition.
  • Risks Related to our NOLs and Other Tax Attributes
  • We may not be able to utilize a significant portion of our net operating loss carryforwards, and other tax attributes, which could adversely affect the value of our common stock.
  • An “ownership change” could limit the use of our NOLs and our potential to derive a benefit from our NOLs.
  • Our Tax Benefits Preservation Plan does not prohibit a stockholder from acquiring a significant percentage of our outstanding common stock and adversely impacting our ability to preserve our NOLs.
The other 19 risks
  • Risks Related to our Business Plan and Future Operations
  • We may face difficulties or delays or be unsuccessful in a search to acquire an operating business or assets, and we may expend significant time and capital on a prospective business or asset acquisition that is not ultimately consummated.
  • If we are not successful in acquiring assets or a new business and generating material revenues, investors may lose their entire investment.
  • We may attempt to complete an acquisition with a private target company about which little information is available, and such target entity may not generate revenue as expected or otherwise be compatible with us as expected.
  • Our business could suffer if we are unsuccessful in making, integrating, and maintaining any future acquisitions and investments.
  • The success of our business will depend, in part, on the continued services of certain key personnel and our ability to attract and retain qualified personnel.
  • Risks Related to the Asset Purchase Agreement
  • The Purchaser did not assume the excluded liabilities under the Asset Purchase Agreement.
  • We have counterparty risk with the Buyer and its affiliates for certain ongoing obligations under the Asset Purchase Agreement and the failure of the Buyer and its affiliates to perform their obligations could cause us to suffer losses.
  • Risks Related to Our Internal Controls
  • We have previously identified material weaknesses in our internal control over financial reporting and may identify additional material weaknesses in the future or otherwise fail to maintain an effective system of internal controls, which may result in material misstatements of our consolidated financial statements or cause us to fail to meet our periodic reporting obligations.
  • Our management is required to evaluate the effectiveness of our disclosure controls and internal control over financial reporting. If we are unable to maintain effective disclosure controls and internal control over financial reporting, investors may lose confidence in the accuracy of our financial reports.
  • Risks Related to Our Common Stock
  • The uncertainty regarding the use of proceeds from the Asset Sale and our future operations may negatively impact the value and liquidity of our common stock.
  • There is no assurance that we will remain compliant with Nasdaq's listing requirements.
  • Future sales and issuances of our common stock or rights to purchase common stock could result in additional dilution to our stockholders and could cause the price of our common stock to decline.
  • Our stockholders may not be afforded any opportunity to evaluate or approve an asset or business acquisition as we pursue strategic alternatives.
  • We are a smaller reporting company, and any decision on our part to comply only with reduced reporting and disclosure requirements applicable to such companies could make our ordinary shares less attractive to investors.
  • We do not intend to pay dividends on our capital stock, so any returns will be limited to increases in the value of our common stock.
  • We do not expect to pay any cash dividends to the holders of our common stock in the foreseeable future and the availability and timing of future cash dividends, if any, is uncertain.
  • The price of our common stock has been and continues to be volatile. Declines in the price of our common stock has resulted in and could subject us to future litigation.
  • Anti-takeover provisions in our charter documents, in our Tax Benefits Preservation Plan, and under Delaware law could make an acquisition of our company more difficult, could limit attempts to make changes in our management and could depress the price of our common stock.
  • Our certificate of incorporation provides that the Court of Chancery of the State of Delaware and the federal district courts of the United States of America are the exclusive forums for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.

Legal proceedings

The information set forth under the heading “Legal Contingencies and Proceedings” within Item 8, "Financial Statements and Supplementary Data, Note 8. Commitments and Contingencies", in Part II of this Report, is incorporated herein by reference.

The opening of Item 3, Legal Proceedings.6

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
    SEC EDGAROther events
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75