Wish Expands its Merchant Network in South Korea through Partnership with International Carrier, Rincos
06 Julho 2023 - 4:37AM
ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s
largest mobile ecommerce platforms, today announced a strategic
partnership with one of South Korea’s leading logistics providers,
Rincos. The partnership is designed to streamline the process for
Korean merchants looking to ship goods overseas through the Wish
platform.
South Korean merchants wishing to sign up to
Rincos are required to:
- Visit www.rincos.co.kr
- Fill out a customer registration
form
- Select ‘Wish Seller’ from the
dropdown menu
- Once we’ve carried out checks our
end, your Rincos Asia account will be ready to go
Merchants are invited to learn more about the
service and how it could benefit their business by watching a
webinar at https://cafe.naver.com/wishkoreaofficial/22.
“We are delighted to be working with one of the
most trusted logistics providers in South Korea to deliver a better
shipping experience for our merchants and our customers,” said
Sarah Luo, VP of Merchant Operations at Wish. “We are proud to be
growing our merchant base in South Korea and cementing our position
as one of the leading cross-border platforms in the region.”
Through the deal, merchants will benefit
from:
- Cross border trade access to 40+
countries
- Competitive pricing for shipments
and storage
- End-to-end tracking visibility and
delivery confirmation
- Package pick up services
- Re-stock services for refunded
products
Wish is already working with a number of big
brands in the region including local beauty brands, Celluver and
Rom@nd. New merchants can open a merchant account by visiting
merchant.wish.com.
To learn more about Wish, visit
www.wish.com.
About WishWish 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 ecommerce platforms,
connecting millions of value-conscious consumers to merchants all
over 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
RincosRincos, which started its domestic business in 2015,
is a logistics company serving 1,600 active customers across a
global network of 40 countries. Rincos strives to satisfy customers
and create value by providing integrated logistics solutions in
various fields such as Global Cargo Logistics services,
Fulfillments services that can be linked with CBT international
transportation services, as well as IT services. Rincos will
continue to improve its IT systems and expand its global network to
provide optimal services to domestic and foreign sellers. For more
information, visit the Rincos website (www.rincos.co.kr)
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 Rincos, and its impact on
merchant and customer shipping experience; quotes of management;
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.
Media contact:Press@wish.com
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