ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) today announced strategic partnerships with two leading Latin American logistics providers – Moovin in Costa Rica and Servicios Postales del Perú (Serpost) in Peru. The partnerships are set to reduce delivery times by more than 15 days, making Wish one of the fastest cross-border ecommerce platforms in both markets.
As well as reducing delivery times, the partnerships will also drive a more consistent shipping experience for consumers in the Latin America region through:
- End-to-end tracking visibility and delivery confirmation
- Bundled shipments for multiple items
- SMS and physical notifications on deliveries awaiting collection
“We have a unique opportunity in Costa Rica and Peru to become the go-to platform for users seeking to buy goods from abroad. Our partnership with Moovin and Serpost is an important first step in cementing our position as one of the leading cross-border platforms in the region,” said Francisco Javier Miranda, Senior Manager of Logistics for Wish for Latin America. “We’re excited to be partnering with two of the most trusted names in logistics in the region to help reduce delivery times and provide a better experience for our consumers.”
Wish is already in the top three most downloaded shopping apps in Costa Rica and Peru1. Over the next 3 years, ecommerce markets in both countries are projected to grow at a rate of 16% and 15%, respectively, per year2.
“We are happy to be a logistics ally at Moovin for businesses and consumers throughout Costa Rica, and this partnership with Wish allows for us to continue to provide more comprehensive quality service so Costa Ricans can enjoy their products faster and with better tracking,” said Javier Núñez Salas, Founder and CEO of Moovin.
“We keep looking for ways to reduce delivery times both nationally and internationally so we can be part of the economic development in exports and imports,” said Alexander Infante, CEO at Serpost. “The Peruvian post office grows stronger with this partnership, as do our micro and small businesses.”
The partnerships with Moovin and Serpost are part of Wish’s broader investment in the Latin America region. Earlier this year, Wish announced plans to roll out a 15 day TTD initiative in all major markets in 2023.
To learn more about Wish, visit www.wish.com. To learn more about Serpost, visit www.serpost.com.pe. To learn more about Moovin, visit www.moovin.me.
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