ContextLogic Inc. is a mobile electronic commerce company. The Company provides a discovery-based shopping platform, which connects merchants' products to users based on user preferences. Its personalized product feed enables the users to discover products to purchase by scrolling through its mobile application and browsing. It incorporates user-generated contents, including photos, videos and reviews, and a range of products. The Company provides the merchants with a suite of services, including demand generation and engagement, user-generated content creation, data intelligence, promotional and logistics capabilities, and business operations support. ProductBoost is its advertising tool for merchants, which helps to promote the products. The Company assists merchants with international compliance, payment processing, user support and other services. The platform includes a merchant dashboard with analytics to help merchants sell products and track the performance.
During the most recent quarter, 2M shares were sold in insider trading.
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