Contextlogic news and trends

ContextLogic to Sell Wish eCommerce Platform to Qoo10
Acquisitions // February 12, 2024

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 platform operating in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Retail // August 03, 2023

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 and a challenging business environment for the decline. Get the Full Story Complete the form to unlock this article and...

Wish Gains Dutch Central Bank Payments License, Eyes EU
Payment Methods // July 06, 2021

The European Union spans 27 countries and nearly 447 million people – which, to put it mildly, implies a significant number of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

eCommerce Firm Wish Awarded EU Payment Services License
eCommerce // July 06, 2021

Global eCommerce marketplace Wish is expanding into payments processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Quick Reads
ContextLogic to Sell Wish eCommerce Platform to Qoo10

February 12, 2024
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 platform operating in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Wish Reports 42% Decline in Q2 Revenue, Blames Competition

August 03, 2023
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 and a challenging business environment...

eCommerce Firm Wish Awarded EU Payment Services License

July 06, 2021
Global eCommerce marketplace Wish is expanding into payments processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...