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MARKET

WISH

Contextlogic Inc.

NASDAQ

5.96

+0.22

+3.75%

Opening 10:31 04/19 EDT

OPEN

5.71

PREV CLOSE

5.74

HIGH

5.98

LOW

5.70

VOLUME

632.62K

TURNOVER

52 WEEK HIGH

12.97

52 WEEK LOW

3.552

MARKET CAP

145.29M

P/E (TTM)

-0.4458

CONTEXTLOGIC INC - TRANSACTION IS EXPECTED TO CLOSE LATER TODAY, APRIL 19, 2024

Reuters · 3h ago

Press Release: ContextLogic Announces Stockholder Approval of Transaction with Qoo10

ContextLogic Announces Stockholder Approval of Transaction with Qoo10 Transaction Closing Expected to Occur Later Today, April 19, 2024. The transaction is expected to close later today. Wish ecommerce platform will be acquired for approximately $173 million in cash. The company's stockholders have approved the Asset Sale transaction.

Dow Jones · 3h ago

ContextLogic Announces Stockholder Approval of Transaction with Qoo10

Transaction Closing Expected to Occur Later Today, April 19, 2024. Stockholders have approved the Asset Sale transaction with Qoo10 Pte. Ltd. The transaction is expected to close later today, April 20, 2024 . The Company’s Wish ecommerce platform will be acquired for approximately $173 million in cash.

Forward News · 3h ago

ContextLogic Flat on Completing Sale to Qoo

Stockholders of ContextLogic Inc. Approve the Asset Sale transaction with Qoo10 Pte. Ltd. The transaction is expected to close later today. WISH shares gained four cents to $5.78 in after-hours trading. About 51.5% of the company's outstanding shares voted in favor of the sale.

Barchart · 6h ago

Press Release: ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

ContextLogic Inc. Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY. The Special Meeting of Stockholders is scheduled to be held on April 18, 2024. The Company's stockholders are urged to vote "FOR" the proposed transaction with QOO10.

Dow Jones · 2d ago

ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY

Stockholders are urged to vote "FOR" the proposed transaction with Qoo10 Pte. Ltd. At the upcoming Special Meeting of Stockholders on April 18, 2024. If the transaction is approved, ContextLogic will continue as a publicly traded company with a $2.7 billion net operating loss.

Forward News · 2d ago

CONTEXTLOGIC VOTE UPDATE: Less Than 350,000 Shares Needed to Approve the Proposed Transaction with Qoo10

Issues Open Letter to Stockholders; Urges ALL Stockholders to Protect the Value of their Investment by Voting “FOR” the Transaction TODAY. ContextLogic Inc. Will hold a Special Meeting of Stockholders on April 18, 2024. The Special Meeting is to approve the proposed transaction with Qoo10 Pte. Ltd.

Forward News · 4d ago

Pinduoduo Stock Buyers Better Hope Temu Is Not Another Wish.com

Pinduoduo stock jumped to $150 early this year but is now down to $120. The holding company that owns China-based e-commerce platform is PDD (NASDAQ:PDD) PDD also operates the Temu platform, which is like the Wish.com online-shopping portal. You need to consider the risks before investing in PDD.

Investorplace · 4d ago

About WISH

ContextLogic Inc. is a mobile e-commerce company. The Company provides a shopping experience that is mobile-first and discovery-based, which connects merchants’ products to users based on user preferences. It combines technology and data science capabilities and a discovery-based mobile shopping experience to create a visual, entertaining, and personalized shopping experience for its users. To enhance user engagement, it incorporates fresh gamified features, rich user-generated content, including photos, videos, and reviews, and a range of relevant products to make shopping more entertaining. Its Wish Platform connects millions of monthly active users in over 60 countries to thousands of active global merchants. Its platform includes a merchant dashboard with built-in analytics to help merchants sell more products and track their performance. ProductBoost is its native advertising tool for merchants, which helps them promote their products on its platform.

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