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This chart shows ContextLogic’s Revenue by Region, split across Europe, North America and South America regions, reported on a quarterly basis from Q1 2020 onwards.
ContextLogic generates revenue by online platform by browsing technologies.
In the year 2020, the company earned total revenue of $1,877.00 million, which further decreased to $1,038.00 million, marking a YoY decline of 44.69%.
In Q3 2020, the company generated revenue of $405.00 million, which decreased in Q3 2021 to 183.00 million by 54.81%. In Q2 2021, Context Logic reported revenue of $378.00 million, which, further decreased by 51.58%.
|ContextLogic’s Revenue by Region
||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures in millions, except percentages)
Europe consistently proves to be the highest revenue contributor among all regions.
In the year 2020, it reported revenue of $883.00 million, which further slightly decreased to $483.00 million by 45.30%.
In Q3 2020, the Europe region earned revenue of $181.00 million, which, further decreased to $70.00 million by 61.32% in Q3 2021. In Q2 2021, it generated revenue of $178.00 million, which decreased by 63.52% in Q3 2021 and contributed 38.25% to the total revenue of the company.
North America consistently proves to be the highest revenue earner of all regions after the Europe region.
ContextLogic earned $735.00 million in the North America region, which, further decreased to $413.00 million with a Year-on-Year decline of 43.53%.
In Q3 2020, it earned revenue of $158.00 million, which slightly decreased to $78.00 million with a Quarter-on-Quarter decline of 50.08%. In Q2 2021, it generated revenue of $149.00 million, decreased in the next quarter Q3 2021, by 48.93%, and contributed 42.87% as of Q3 2021.
South America region is the least contributor to total revenue for Context Logic. It contributed around 11% as of Q3 2021.
In the year 2020, it earned revenue of $90.00 million, which further showed a decline to $45.00 million by 50%, in the year 2021. In Q3 2020, it earned revenue of $23.00 million, which decreased to $10.00 million, in Q3 2021. In Q2 2021, it made revenue of $17.00 million, which decreased by 41.17% and merely contributed 5.46% to the total revenue of the company.
Other regions include India, China, Japan, South Korea, and other Asian countries, also including Australia and some countries of South Africa.
In the year 2020, it made revenue of $169.00 million, which decreased in the next year 2021, to $97.00 million by 42.60%. In Q3 2020, this region generated revenue of $43.00 million, which decreased in Q3 2021 by 41.86%. In Q2 2021, it earned revenue of $34.00 million; it decreased in the next quarter, Q3 2021, to $25.00 million and contributed 13.61% to the total revenue of the company.
About the Company
ContextLogic is a public and American company, which was founded in the year 2010. It is headquartered in San Francisco. It is one of the largest e-commerce platforms which connects millions of consumers globally. Facilitates transactions between sellers and buyers. It has currently active consumers in over 100 countries and half a million merchants around the world.
The platform employs browsing technologies that personalize the shopping experience; it allows sellers to list their products and sell directly to consumers. It has created an official website to provide all information about the company and provides helpline facilities. Its app is available in English and other languages.
The company combines technology and data science capabilities; the company tries to create innovative ideas that are based on the mobile shopping experience. It provides affordable products to consumers and free access through mobile devices. The company’s mission is to bring an affordable and entertaining mobile shopping experience through its innovations and technologies to billions of consumers all around the world.
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