ContextLogic Nears $173 Million Sale of Wish to Qoo10
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The parent of discount online retailer Wish has agreed to sell its assets and liabilities for $173 million to Singaporean e-commerce company Qoo10.
ContextLogic Inc. will sell assets including Wish to Qoo10 for $6.50 per share in cash, according to a statement on Monday that confirmed a Bloomberg News report.