Qoo10 completed the acquisition of Wish for $173m.

Qoo10, a Southeast Asian e-commerce platform, completed the acquisition of Wish, an American online e-commerce platform, for $173m. "We would like to thank our stockholders for their support of this value-maximizing transaction. Looking ahead, the new Board and management team will target profitable operations as we seek to realize the significant value of our NOLs for the benefit of ContextLogic stockholders," Rishi Bajaj, Wish Chairman and CEO.