Contextlogic

Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024  |  eCommerce

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek...

READ MORE >
ContextLogic to Sell Wish eCommerce Platform to Qoo10
ContextLogic to Sell Wish eCommerce Platform to Qoo10
February 12, 2024  |  Acquisitions

ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce...

READ MORE >
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
August 03, 2023  |  Retail

The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition...

READ MORE >
Wish Gains Dutch Central Bank Payments License, Eyes EU
Wish Gains Dutch Central Bank Payments License, Eyes EU
July 06, 2021  |  Payment Methods

The European Union spans 27 countries and nearly 447 million people – which, to put it mildly, implies a significant number of payments. To that...

READ MORE >
eCommerce Firm Wish Awarded EU Payment Services License
eCommerce Firm Wish Awarded EU Payment Services License
July 06, 2021  |  eCommerce

Global eCommerce marketplace Wish is expanding into payments processing. Contextlogic B.V. (CLBV), a subsidiary of ContextLogic Inc., the owner of Wish, has been awarded a...

READ MORE >