Wish Strengthens Its Position in Spain Through Partnership With Spanish Carrier, Correos
October 04 2021 - 9:36AM
Business Wire
The partnership will open up cross-border
trading opportunities for 8,000 Spanish merchants
ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the
world’s largest mobile e-commerce platforms, has today announced a
partnership with the state-owned Spanish carrier, Correos. The deal
will help Spanish merchants process their orders quickly and
efficiently within a fully trackable system that is designed to
optimize the customer experience.
Spanish merchants will be able to fulfill their Wish orders
through Correos’ order management solution, Soluciones. They will
also gain access to Wish’s merchant dashboard, where they can track
their performance metrics, inventory, advertising and customer
communications, as well as benefit from data intelligence and
optimization tools to help drive greater success.
“We are delighted to be working with one of the world’s largest
and most respected logistics companies to expand our presence in
Spain. Spanish merchants have a lot to offer, particularly when it
comes to high-quality toys and electronics,” said Alan Small,
Senior Business Development Manager for Wish in Europe. “This
partnership aligns closely with our goal of working with more local
suppliers on a global scale.”
Spanish merchants wishing to learn more about the integration
should reach out to Correos’ Soluciones team via
soluciones.digitales@correos.com or to Wish directly via
merchant-support@wish.com.
About Wish:
Wish brings an affordable and entertaining shopping experience
to millions of consumers around the world. Since our founding in
San Francisco in 2010, we have become one of the largest global
e-commerce platforms, connecting millions of value-conscious
consumers in over 100 countries to over half a million merchants
globally. Wish combines technology and data science capabilities
and an innovative discovery-based mobile shopping experience to
create a highly-visual, entertaining, and personalized shopping
experience for its users. For more information about the company or
to download the Wish mobile app, visit www.wish.com or follow @Wish
on Facebook, Instagram and TikTok or @WishShopping on Twitter and
YouTube.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact could be deemed forward-looking, including, but
not limited to, statements regarding Wish's outlook, priorities,
strategic direction, expectations regarding partnerships, and
growth opportunities. In some cases, forward-looking statements can
be identified by terms such as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “guidance,” “intends,” “may,” “outlook,”
“plans,” “potential,” “predicts,” “projects,” “seeks,” “should,”
“will,” “would” or similar expressions and the negatives of those
terms. These forward-looking statements are subject to risks,
uncertainties, and assumptions. If the risks materialize or
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. New
risks emerge from time to time. It is not possible for our
management to predict all risks, nor can we assess the impact of
all factors on our business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements
we may make. Further information on these and additional risks that
could affect Wish’s results is included in its filings with the
Securities and Exchange Commission (“SEC”), including its Annual
Report for 2020 on Form 10-K filed on March 25, 2021 and its Form
10-Q for the second quarter of 2021 filed on August 12, 2021, and
future reports that Wish may file with the SEC from time to time,
which could cause actual results to vary from expectations. Any
forward-looking statement made by Wish in this news release speaks
only as of the day on which Wish makes it. Wish assumes no
obligation to, and does not currently intend to, update any such
forward-looking statements after the date of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211004005585/en/
Media contact: Carys Comerford-Green, Wish
press@wish.com
Investor contact: Dennis Walsh, Wish ir@wish.com
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