Better Buy: Wish vs. Amazon
ContextLogic's (NASDAQ: WISH) Wish and Amazon (NASDAQ: AMZN) are two very different e-commerce companies. Wish is a discount third-party marketplace that promotes visual shopping over text-based searches, while Amazon's massive retail business includes a first-party marketplace, third-party marketplace, and brick-and-mortar stores.
Wish serves more than 100 million monthly active users across over 100 countries, and it was the most downloaded shopping app globally over the past three years, according to Sensor Tower.
Amazon hosts over 300 million active customer accounts worldwide, including 200 million paid Prime members. It also owns Amazon Web Services (AWS), the world's largest cloud infrastructure platform, and the third-largest digital advertising platform in the United States.
Source Fool.com
