X hit with a $61M lawsuit over unpaid IT infrastructure

by | Aug 20, 2024 | Latest E-commerce News & Updates

Taiwanese IT infrastructure provider Wiwynn is suing X for non-payment for $120M in components it procured for the business. The company was able to recoup some of the costs and is suing for $61M that it says is still owed by X. According to the complain, Wiwynn had a purchase agreement with X, formerly Twitter, that dates back to September 2014, but the company stopped honoring its agreement after Musk's acquisition in 2022. What a shocker!

Paul Drecksler is the founder and editor of Shopifreaks, covering the most important stories in e-commerce.

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