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Wish 1% fire sale Qoo10 acquisition

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2025
DATE
11 - 14
Another E-Commerce Giant Collapses! Burdened with 100 Billion Debt, It Declares Bankruptcy
South Korea’s WeMakePrice and cross-border platform Wish have collapsed—burdened with debt and trust crises. Their fall signals e-commerce’s shift to stock competition, where cash flow, user value, and operational efficiency are key.
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