The rise and fall of Wish.com: How a $10B e-commerce unicorn crashed and burned

News Snapshot:

It was the 2010s, and Wish ads were everywhere. A $1 cat mask. $10 drones. Even “USB-powered pregnancy tests.” The weirdness never stopped. But behind the viral chaos was a company obsessed with growth at all costs. Wish.com became one of the most downloaded shopping apps on the planet, racking up over 400 million users and billions in revenue. The Collapse of Wish: Inside the $10B Startup That Vanished They turned down a $10 billion buyout offer from both Amazon and Alibaba, believing they could become the next Walmart. Instead, they collapsed. Wish’s story is one of massive ambition, ad-fueled...