Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?
Retail TouchPoints
AUGUST 7, 2023
When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. As a result, we expect user acquisition and retention to remain pressured in the near term , negatively impacting our monthly active users, active buyer count and revenues.” Reducing shopping and shipping friction.
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