ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce platform operating in Asia. The transaction is valued at approximately $173 million in cash, ContextLogic said in a Monday (Feb. 12) press release. Following the completion of the transaction, ContextLogic
Value of gold bar reaches $1M for 1st time A bar of gold is now worth $1 million. Fox – LA The price of gold hit an all-time high this week, driving the price of a standard gold bar up to $1 million for the first time ever. A typical gold bar as we think
Emerging technologies such as generative AI and a deep pool of assets make it a good time to buy intangible assets, which include intellectual property and trademarks. Here, Richelle Kalnit, chief commercial officer and senior vice president of Hilco Streambank, shares insights into the market of intangible assets from an M&A perspective. WWD: What does the