Desire Appoints Farhang Kassaei as Chief Technology Officer

Former Google Government to Travel Enhancement of Wish’s Core Merchandise Suite and the Creation of New Technological know-how Options

SAN FRANCISCO, July 12, 2021–(Organization WIRE)–ContextLogic Inc. (d/b/a/ Want) (NASDAQ: Would like), a single of the world’s biggest mobile ecommerce platforms, today introduced the appointment of Farhang Kassaei, previous Senior Director at Google, to the freshly developed situation of Chief Technological know-how Officer, successful July 12, 2021.

This press launch features multimedia. Look at the comprehensive release right here:

Farhang Kassaei, CTO, Would like (Picture: Business enterprise Wire)

Mr. Kassaei will report to Would like Founder and CEO Piotr Szulczewski and will be liable for Wish’s core Market as nicely as Engineering Product & Infrastructure, Info & Relevancy, Wish Community and Item Procurement. He will also generate the development of new know-how remedies.

Prior to signing up for Would like, Mr. Kassaei served as Senior Director of Application Engineering at Google and due to the fact 2014, oversaw the advancement and roll-out of comprehensive-stack commerce abilities throughout Research, YouTube, Assistant and Area, as very well as Google Express area buying and supply items. He also oversaw the infrastructure enabling Google Solution Listing Advertisements (PLA) globally.

“Farhang will travel our technology growth at a pivotal instant in our journey and guide the improvement of Wish’s current product choices, as effectively as the creation of a total suite of interesting new technological know-how solutions,” reported Would like Founder and CEO Piotr Szulczewski. “Farhang is an seasoned leader, and his deep comprehension of program, devices, ecommerce ecosystems and item improvement will be priceless to us as we continue on to execute on our eyesight and strategic roadmap. His do the job on logistics and scaling merchant onboarding at Google are significantly applicable and demonstrative of the type of encounter that will have a good influence on our core business. We’re delighted to be strengthening our senior leadership staff with anyone of Farhang’s caliber and glimpse forward to his contributions to our long term achievements.”

“This is an interesting prospect to join a quickly growing enterprise with a apparent vision of earning ecommerce economical and accessible to anyone,” claimed Mr. Kassaei. “My intention is to aid enrich the customer working experience and make our open up commerce ecosystem additional practical for retailers, all whilst creating out complementary new capabilities to strengthen Wish’s place as one of the preeminent platforms for worth-aware shoppers.”

Ahead of Google, Mr. Kassaei beforehand invested much more than 10 decades at eBay Inc. where he held various leadership positions, which include Main Architect for the main marketplace. Throughout his tenure, he led a lot of key initiatives across eBay, together with worldwide identification, purchaser/merchant chance and verification, eBay’s API platform, eBay/PayPal’s integration and the migration of eBay to a microservices architecture.

Prior to becoming a member of eBay, he led engineering groups in providers creating significant 3D collaboration computer software for producing and processing, and underwriting software for the money business. Mr. Kassaei retains an MSc in Electrical and Pc Engineering from The Ohio Condition College and an MBA from the College of California, Berkeley Haas College of Organization.

About Wish:
Desire brings an very affordable and entertaining purchasing experience to millions of buyers around the earth. Since our founding in San Francisco in 2010, we have develop into one particular of the most significant world wide ecommerce platforms, connecting millions of benefit-mindful consumers in over 100 nations around the world to in excess of half a million merchants globally. Desire brings together technological know-how and facts science abilities and an impressive discovery-dependent mobile searching knowledge to generate a very-visual, entertaining, and individualized procuring working experience for its customers. For additional data about the corporation or to download the Wish mobile app, stop by or follow @Wish on Facebook, Instagram and TikTok or @WishShopping on Twitter and YouTube.

Ahead-Wanting Statements
This news launch is made up of ahead-looking statements within the which means of the Protected Harbor provisions of the Personal Securities Litigation Reform Act of 1995. All statements other than statements of historical point could be considered ahead-searching, together with, but not minimal to, statements regarding Wish’s outlook, priorities, vision, strategic roadmap, expectations relating to partnerships, and expansion chances. In some situations, ahead-on the lookout statements can be determined by phrases these types of as “anticipates,” “believes,” “could,” “estimates,” “expects,” “steerage,” “intends,” “may,” “outlook,” “strategies,” “possible,” “predicts,” “projects,” “seeks,” “should really,” “will,” “would” or related expressions and the negatives of individuals terms. These forward-hunting statements are subject matter to hazards, uncertainties, and assumptions. If the threats materialize or assumptions demonstrate incorrect, true effects could vary materially from the benefits implied by these forward-on the lookout statements. New pitfalls arise from time to time. It is not attainable for our administration to predict all hazards, nor can we evaluate the effect of all variables on our organization or the extent to which any issue, or blend of things, may perhaps result in real success to vary materially from those people contained in any ahead-seeking statements we may possibly make. Even more info on these and further risks that could impact Wish’s results is bundled in its filings with the Securities and Trade Fee (“SEC”), like its Yearly Report for 2020 on Variety 10-K filed on March 25, 2021 and its Form 10-Q for the initially quarter of 2021 filed on May well 12, 2021, and long term experiences that Would like may perhaps file with the SEC from time to time, which could induce genuine results to fluctuate from anticipations. Any forward-on the lookout assertion designed by Desire in this information release speaks only as of the day on which Wish can make it. Want assumes no obligation to, and does not at this time intend to, update any such forward-looking statements soon after the day of this launch.

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Media speak to:
Carys Comerford-Green, Desire
[email protected]

Trader call:
Dennis Walsh, Want
[email protected]

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