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Retrieved on: 2024-04-03 18:41:29
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Summary
ContextLogic Inc., operating as Wish, is promoting an asset sale to Qoo10, emphasizing the preservation of $2.7 billion in net operating losses (NOLs) for shareholder benefit. Investors and advisory firms support the transaction aimed at maximizing shareholder value in ecommerce amidst corporate financial strategies and legal considerations.
Article found on: www.globenewswire.com
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