Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial Results

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 ...