Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps is back to help guide you when the number of apps available feels overwhelming. The Top 5 Staying on at...
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 out trustworthy channels and reject unreliable merchants. The shopping platform’s parent company ContextLogic announced Monday (Feb. 12) the sale of...
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. The transaction is valued at approximately $173 million in cash, ContextLogic said in a Monday (Feb....
Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help. Every month, we determine the most popular mobile applications in the retail industry in the Provider Ranking of Shopping Apps....
December 24, 2020
The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies often led the way, frequently enjoying strong IPO pricing and even bigger first-day “pops” as investors realized that the digital shift created by the COVID-19 outbreak would likely never fully […]
February 26, 2024
Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones, laptops and tablets in return for cash, the company announced in a Monday (Feb. 26) press release. “Wish Trade-In” is being launched in connection with European refurbished goods provider Remarketed, […]
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. The...
November 15, 2023
Mobile eCommerce platform Wish says it has launched an in-house Logistics-as-a-Service (LaaS) product. WishPost Smart Parcel is designed to offer a “seamless and efficient shipping solution to non-Wish merchants,” the company said...
November 07, 2023
Mobile eCommerce platform Wish released its third quarter results on Tuesday (Nov. 7). The company reported total revenues of $60 million, a 52% decrease from the previous year, primarily due...
