image credit: Freepik
Wish is opening up its shipping capabilities to outside businesses as it pursues ways to turn around its lackluster financial performance. The company posted a net loss of $80 million in Q3 as its revenue fell 52% year over year.
Revenue from its logistics services for Wish merchants, focused on end-to-end shipping, saw a similar decline amid lower shipping volumes. Despite that drop, the majority of Wish’s revenue this year has come from its logistics segment.
April 30, 2024
April 23, 2024
April 16, 2024
April 23, 2024
April 22, 2024
April 24, 2024
April 24, 2024
Copyright © 2024. All rights reserved
