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

Retail TouchPoints

Europe should continue to be a strategically important region for Wish as our European customer base accounted for nearly half of the core marketplace revenue in Q2,” said Yan. million in severance and other expenses and be completed by the end of the year, resulting in annualized savings of $43 to $46 million beginning in Q4.

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Jason & Scot Show Episode 299 – Thanksgiving Week 2022 with Rob Garf of Salesforce

Retail Geek

Scot: [6:12] And then that ASP increase is, does that account for mix shift so like you know if people buy more luxury goods than our and then another segment goes value could that factor into that ASP or you normalize for that in some way. Rob: [6:09] Yeah exactly it’s promising. But he has your question yeah I mean I think. [31:16]