Categories: Headlines

Wish to Be Sold for $173M

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.

PETS+ Staff

Since launching in 2017, PETS+ has won more than 20 major international journalism awards for its publication and website. Contact PETS+ editors at editor@petsplusmag.com.

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PETS+ Staff
3 months ago

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