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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

“By combining our operating expertise and Wish’s technology and data science capabilities , we expect to drive greater success for merchants while providing an even greater marketplace for consumers globally.” followed by former #1 Shein. The very next month Temu debuted in the U.S.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel. followed by former #1 Shein , now bumped down to the #2 position. (It