Today is Last Day for ContextLogic Stockholders to Vote at Upcoming Special Meeting Critical that Stockholders Approve Transaction to Protect the Value of their Investment Not Voting is the Same as Voting Against the Transaction and Could Result in Severe Value Destruction SAN FRANCISCO, April 11, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic" or the "Company") today urged stockholders to vote immediately "FOR" the proposed Asset Sale transaction with Qoo10 Pte. Ltd. ( ...

 Proposed Transaction Ensures Preservation of $2.7 billion in NOLsOutlines Support for Transaction from ContextLogic Investors and Proxy Advisory FirmsSpecial Meeting of Stockholders is Friday, April 12, 2024, at 10:00 A.M. Pacific Time SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic" or the "Company") today issued a reminder to stockholders to vote "FOR" the proposed Asset Sale transaction with Qoo10 Pte. Ltd. ("Qoo10") in connection with the up ...

SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH), one of the world's largest mobile ecommerce platforms, today announced it has signed satirical YouTubers Zac Alsop and Grandpa Ray to be the face of its fashion category in a campaign that will run from March through to May 2024. The deal has been secured one year on from the serial pranksters faking their way to the top of 2023's London Fashion Week by dressing ‘Grandpa Ray' in a range of outfits styled from eve ...

ContextLogic Inc is trading down in extended hours on Monday after coming in below Street estimates in its fourth financial quarter. Why is $WISH stock trading down in after-hours?Copy link to sectionThe stock is in the red also because $WISH refrained from offering future guidance today citing the pending $173 million transaction with Qoo10 as Invezz reported here. And revenues across all segments did not paint a rosy picture either. ContextLogic saw its core marketplace revenue tank 57% on a year-over-ye ...

SAN FRANCISCO, March 04, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic," the "Company," "we" or "our"), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter and fiscal year ended December 31, 2023. Fourth-Quarter Fiscal 2023 Financial Highlights Revenues: Revenues were $53 million, a decrease of 57% YoY Core Marketplace revenues were $15 million, down 58% YoYProduct Boost revenues were $5 million, down 50% YoYLogistics rev ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39775 ContextLogic Inc. (Exact name of Registrant as specified in its Charter) Delaware 27-2930953 (State or other jurisdiction of in ...

EXHIBIT 99.1 Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO—(BUSINESS WIRE)—March 4, 2024—ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH) ("ContextLogic," the "Company," "we" or "our"), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter and fiscal year ended December 31, 2023. Fourth-Quarter Fiscal 2023 Financial Highlights Preliminary January 2024 Financial Results This information reflects our preliminary estimates with respe ...

SAN FRANCISCO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic" or the "Company") today announced it will report its fourth quarter and full year 2023 financial results after the close of market on Monday, March 4, 2024. In light of the pending transaction that was announced on February 12, 2024, the Company will not host a conference call or live webcast to discuss these financial results. About WishFounded in 2010 and headquartered in San Francisco, Wish is on ...

SAN FRANCISCO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced it will report its fourth quarter and full year 2023 financial results after the close of market on Monday, March 4, 2024. In light of the pending transaction that was announced on February 12, 2024, the Company will not host a conference call or live webcast to discuss these financial results. About WishFounded in 2010 and headquartered in San Francisco, Wish is o ...

Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store.Hours after Super Bowl viewers were inundated with ads from discount retailer Temu, an online dollar store that used to have similar buzz was acquired at a price that shows the difficulty of sustaining growth in e-commerce. Wish, which was valued at $14 billion at the time of its IPO in 2020, said Monday that it's being acquired by Singapore's Qoo10 for $173 million in cash, 99% below its peak price. Founded in 2010 a ...