Tag: Wish

News & Trends

Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

February 13, 2024

Via: Retail TouchPoints

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10, an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, […]


Wish launches small parcel delivery service

December 5, 2023

Via: Retail Dive

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. […]