Headlines

Wish to Be Sold for $173M

The fast fashion retailer agreed to an offer by a Singapore-based company.

Published

10 months ago

February 19, 2024

PETS+ Staff

PHOTO: Wish.com

Fast fashion online marketplace Wish will sell for $173 million in cash to Singapore-based Qoo10, according to a press release from the retailer.

ContextLogic, which does business under the name Wish, decided to sell following “a thorough review of strategic alternatives with the assistance of outside financial and legal advisors,” said Tanzeen Syed, ContextLogic Board Chairman. Wish includes among its offering pet toys, collars, sweaters, leashes and other pet products.

The deal is awaiting approval by the ContextLogic Board.

P.L.A.Y. Media Spotlight

At P.L.A.Y. — Pet Lifestyle & You — toy design is definitely a team effort! Watch PETS+ interviewer Chloe DiVita and P.L.A.Y.’s Director of Sales Lisa Hisamune as they talk about the toy design process, the fine-tuning that makes each toy so special and why every P.L.A.Y. collection is made with independent retailers top of mind.