Wish expands its Logistics as a Service (LaaS) arm launching ‘WishPost Smart Parcel’

ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, this week announced the launch of WishPost Smart Parcel - a Logistics as a Service (Laas) product that is designed to provide a seamless and efficient shipping solution to non-Wish merchants, ensuring rapid, reliable, and cost-effective deliveries.

WishPost Smart Parcel’s end-to-end small parcel delivery service leverages Wish’s global network of Logistics Service Providers (LSP) which spans first mile, international line haul, customs brokerage and last mile delivery. Designed to meet the needs of non-Wish merchants, the innovative service underpins Wish's commitment to delivering operational excellence.

“As a global online marketplace that works with an extensive network of sellers worldwide, we have made it our mission to build a world-class logistics network that can stand up to scrutiny,” said Bill Zhang, VP of Global Logistics, Wish. “The launch of WishPost Smart Parcel marks a significant milestone in our journey as we deepen our investment in our logistics capabilities, in order to broaden the impact of our top-tier service that combines unbeatable value with speed.”

In its initial phase, WishPost Smart Parcel is set to support shipments from China to key destinations including the UK, France, Germany, Switzerland, Belgium, the Netherlands, Japan, and the United States.

Earlier this year, Wish introduced flat rate shipping to customers in its major markets. The flat rate shipping fee is applied to all eligible items1 over $10, at no additional cost to merchants.