Wish Partners with Leading Ecommerce Integrator BaseLinker
March 08 2023 - 9:00AM
ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) today announced a
strategic partnership with leading ecommerce integrator BaseLinker,
opening the door for more than 18,000 European merchants to connect
with Wish shoppers looking to discover their next great purchase.
Through the integration, merchants will be able
to quickly and easily get their products in front of the millions
of shoppers across Wish’s global marketplace. For Wish shoppers,
their shopping journey is benefited through an expanded world of
affordable products and exciting European brands, making the world
of Wish an even better place to shop.
“More than ever, Wish shoppers want a discovery
shopping experience across an ever-expanding, immersive
marketplace. Partnering with BaseLinker enables us to provide this
with an even greater focus on quality, affordable products and
brands,” said Alan Small, Director of Business Development, EMEA at
Wish. “We look forward to welcoming even more merchants to the Wish
marketplace and bringing them together with our Wish community
across the globe.”
BaseLinker merchants generate around $10 billion
in revenue annually, of which a significant portion comes from
cross-border trade. Their merchants, who are spread across both
Central and Western Europe, represent all major e-commerce
categories from home & garden and fashion, through to kids and
health & beauty.
“We’re thrilled to add Wish to our unmatched
network of sales channels,” said Kacper Rozenbaum, Head of
Strategic Partnerships at BaseLinker. “This partnership gives our
merchants access to smart, savvy shoppers looking for a broad range
of fun and affordable goods, and we look forward to making those
connections happen.”
The tie-up with
BaseLinker falls on the heels of Wish announcing the introduction
of flat rate shipping last month. From February 1, 2023, a new
$2.99 flat rate fee is being applied to all eligible orders over
$10 - launching to U.S. consumers first, before being rolled out to
other key markets by the end of March. It forms part of Wish’s
broader effort to improve the consumer experience on Wish.
To learn more about Wish,
visit www.wish.com.
About WishFounded in 2010 and headquartered in
San Francisco, Wish is one of the largest and fastest growing
global ecommerce platforms, connecting millions of value-conscious
consumers in over 60 countries to thousands of merchants around the
world. 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 Wish mobile app,
visit www.wish.com or follow @Wish
on Facebook, Instagram and TikTok or @WishShopping
on Twitter and YouTube.
About BaseLinkerBaseLinker is a cloud-based
software headquartered in Poland and present in all major European
markets, that is designed to integrate popular marketplace
services, store platforms, carriers, and useful ecommerce tools.
BaseLinker services enable comprehensive order fulfillment for
online stores and marketplace platforms, product displays and
editing, and automatic inventory synchronization. BaseLinker offers
over 800 integrations including popular marketplaces and online
store platforms.To learn more about BaseLinker, visit
www.baselinker.com or follow BaseLinker on Facebook or
LinkedIn.
Media contact:Carys Comerford-Green,
Wishpress@wish.com
Investor contact:Ralph Fong,
Wishir@wish.com
Forward-Looking StatementsThis 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; partnership with BaseLinker and its proposed benefits to
merchants as well as its impact on consumer experience within the
marketplace; expansion timeline of flat rate shipping; business
operations; and growth initiatives. In some cases, forward-looking
statements can be identified by terms such as “anticipates,”
“believes,” “could,” “estimates,” “expects,” “foresees,”
“forecasts,” “guidance,” “intends” “goals,” “may,” “might,”
“outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,”
“should,” “targets,” “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
most recent Annual Report on Form 10-K and Quarterly Report on Form
10-Q, 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.
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