- January 17, 2024
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 ...
- December 12, 2023
The holidays are right around the corner, and holiday shopping is in full swing.
This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the right ...
- 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 in ...
- November 7, 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 to ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- August 3, 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 ...
- February 24, 2023
Fast-fashion eCommerce marketplaces including Wish, Shein and relative newcomer Temu are reeling as inflation presses down and consumer buying behavior shifts, creating a drag on the sector and leading to ...
- December 21, 2022
The eCommerce platform Wish will use Eurora’s trade technology solutions to reduce operational costs.
Announced in a press release on Tuesday (Dec. 20), the new partnership will see Wish deploy Eurora’s ...
- July 20, 2022
In today’s top news from Europe, the Middle East and Africa (EMEA), eCommerce marketplace Wish has teamed up with parcel network Collect+, food delivery service Just Eat may eliminate hundreds ...
- July 20, 2022
eCommerce marketplace Wish has teamed up with the United Kingdom’s largest retail parcel network, Collect+, to simplify and accelerate the pick up, delivery and return of packages nationwide, a Wish ...
- February 2, 2022
Today in retail, Google’s approach to retail is becoming increasingly diverse, while Curaleaf is updating its tech stack with a Repsly partnership. Plus, Wish becomes an invite-only portal for merchants ...
- February 2, 2022
In what it’s calling an attempt to improve product quality, mobile eCommerce platform Wish has introduced an “invite-only” process for selecting merchants.
Beginning Wednesday (Feb. 2), new merchants who want to ...
- November 24, 2021
eCommerce marketplace Wish is suing the French government after the government ordered that Wish be removed from online platforms and search engines over product safety concerns, per a Tech Times ...
- November 4, 2021
Retail bank, payments and shopping service Klarna is expanding its partnership with eCommerce company Wish through Wish’s parent company, ContextLogic, to allow for more flexible payments in the U.S., according ...
- August 13, 2021
In today’s top retail news, Neiman Marcus’ new strategy has some experts bullish about the brand’s prospects post-bankruptcy, while auction houses and art dealerships are figuring out how to deliver ...
- August 13, 2021
Wish Founder and CEO Piotr Szulczewski said Thursday (Aug. 12) his company is keenly aware of the reasons it turned in a quarterly performance that showed a 6 percent drop ...
- July 9, 2021
This week, we saw news of Visa’s expanding ecosystem for crypto-linked cards, and Walmart hiring a new executive to run its Walmart+ membership program. Also, new insights have emerged on ...
- July 7, 2021
In today’s top payments news around the world, TravelPerk is buying Click Travel for an undisclosed amount, while Grubhub and Yandex SDG are teaming for robotic delivery on university campuses. ...
- July 6, 2021
The European Union spans 27 countries and nearly 447 million people – which, to put it mildly, implies a significant number of payments.
To that end, ContextLogic B.V., which operates as ...
- July 6, 2021
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 European payment services license by the ...
- June 14, 2021
Wish, a global eCommerce platform, has launched a two-year partnership with eCommerce platform PrestaShop, according to a press release.
The partnership will allow the over 300,000 brands and merchants on PrestaShop ...
- May 13, 2021
As battles royale go, the retail wrestling match between Amazon and Walmart is getting brutal.
We track it attentively in our Whole Paycheck series, a recent edition of which reported on ...
- 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 ...
- December 17, 2020
This week’s initial public offering (IPO) for ContextLogic, parent company of discount eCommerce platform Wish, seemed destined to enjoy a huge first-day “pop” on Wall Street.
The stock priced at the ...
- December 16, 2020
ContextLogic, which is the parent company for eCommerce giant Wish, saw shares fall 16.4 percent Wednesday (Dec. 16) for the company’s market debut, CNBC reported.
The opening trade was $22.75 per ...
- December 15, 2020
In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial ...
- November 23, 2020
In today’s top news, Visa and Conferma Pay launched Visa Commercial Pay, and Biden’s top technology advisor signals a future administration that is tough on tech. Plus, PayPal and Square ...
- November 20, 2020
Silicon Valley global eCommerce unicorn Wish has filed for a $1 billion initial public offering (IPO) on Nasdaq, according to a U.S. Securities and Exchange (SEC) filing on Friday (Nov. ...
- September 1, 2020
In today’s top news, Walmart debuts its membership program, Walmart+, and the U.S. Securities and Exchange Commission (SEC) is eying a probe of Robinhood over alleged poor management of the ...
- August 31, 2020
Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. 31) in a press ...
- August 1, 2019
The popular mobile shopping app Wish has raised about $300 million in a Series H round, according to reports.
The round, which was led by General Atlantic, gives the San Francisco-based ...
- July 18, 2018
In order to help Wish users with their shipping needs, ShippingEasy has integrated into the marketplace’s shopping app. Through the partnership, Wish customers can track orders and print shipping labels, ...
- January 18, 2018
Amazon is trying to compete better in the discount shopping space, where mobile apps like Wish dominate, by rolling out a section in its iOS app that hawks items priced ...
- December 8, 2016
Last month Wish, the company behind the popular shopping website and eCommerce app of the same name, was found to be raising an additional $500 million in a new round ...
- November 8, 2016
Wish, the company behind the mobile shopping app of the same name, recently raised $500 million in a new round of funding. Wish is now valued between $3.5 billion and ...
- November 7, 2016
Wish, the company behind the popular shopping app Wish, is raising around $500 million in a new round of funding.
According to a report by Recode, which cited multiple sources familiar with ...