Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million
Retail TouchPoints
FEBRUARY 13, 2024
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. Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely.
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