Wish marketplace reports falling sales and another quarterly loss

The parent of the Wish marketplace reported sales of $189 million in the first fiscal quarter of 2022, a decrease of 76% year over year, as the company continues to struggle to achieve profitability. The Wish marketplace posted a net loss of $60 million in Q1, the 11th straight quarterly loss, but a 53% year-over-year […] The post Wish marketplace reports falling sales and another quarterly loss appeared first on Digital Commerce 360.