iPower Announces Partnership with Zyla by Ant International
iPower Inc. (Nasdaq: IPW) has announced a partnership with Zyla, a multi-currency financial account service by Ant International. This collaboration allows Zyla's clients to expand sales on major U.S. online marketplaces through iPower's SuperSuite platform. It's the first step towards potentially integrating supply chain financial services within SuperSuite.
iPower will assist Zyla's clients in accessing U.S. ecommerce markets, while gaining access to businesses seeking U.S. market entry. As part of this partnership, iPower's CEO, Lawrence Tan, delivered keynote speeches at Seller Conferences in Shanghai and Ningbo in September, sharing insights on the SuperSuite platform and strategies for leveraging U.S. online marketplaces.
iPower Inc. (Nasdaq: IPW) ha annunciato una collaborazione con Zyla, un servizio di conto finanziario multi-valuta di Ant International. Questa collaborazione consente ai clienti di Zyla di espandere le vendite nei principali marketplace online statunitensi attraverso la piattaforma SuperSuite di iPower. È il primo passo verso una possibile integrazione dei servizi finanziari nella catena di approvvigionamento all'interno di SuperSuite.
iPower assisterà i clienti di Zyla nell'accesso ai mercati e-commerce statunitensi, guadagnando allo stesso tempo accesso a imprese che desiderano entrare nel mercato statunitense. Come parte di questa partnership, il CEO di iPower, Lawrence Tan, ha tenuto discorsi principali alle Seller Conferences a Shanghai e Ningbo a settembre, condividendo intuizioni sulla piattaforma SuperSuite e strategie per sfruttare i marketplace online statunitensi.
iPower Inc. (Nasdaq: IPW) ha anunciado una asociación con Zyla, un servicio de cuenta financiera multidivisa de Ant International. Esta colaboración permite a los clientes de Zyla expandir sus ventas en los principales marketplaces en línea de EE. UU. a través de la plataforma SuperSuite de iPower. Es el primer paso hacia la posible integración de servicios financieros de la cadena de suministro dentro de SuperSuite.
iPower ayudará a los clientes de Zyla a acceder a los mercados de comercio electrónico de EE. UU., al mismo tiempo que obtienen acceso a negocios que buscan entrar en el mercado estadounidense. Como parte de esta asociación, el CEO de iPower, Lawrence Tan, realizó conferencias magistrales en las Seller Conferences en Shanghái y Ningbo en septiembre, compartiendo ideas sobre la plataforma SuperSuite y estrategias para aprovechar los marketplaces en línea de EE. UU.
iPower Inc. (Nasdaq: IPW)는 Ant International의 다통화 금융 계좌 서비스인 Zyla와의 파트너십을 발표했습니다. 이 협업을 통해 Zyla의 고객들은 iPower의 SuperSuite 플랫폼을 통해 미국의 주요 온라인 마켓플레이스에서 판매를 확장할 수 있습니다. 이는 SuperSuite 내의 공급망 금융 서비스 통합으로 나아가는 첫 번째 단계입니다.
iPower는 Zyla의 고객들이 미국 전자상거래 시장에 접근할 수 있도록 도와주는 한편, 미국 시장 진입을 원하는 기업들에 대한 접근을 제공합니다. 이 파트너십의 일환으로, iPower의 CEO인 Lawrence Tan은 9월에 상하이와 닝보에서 열린 Seller Conferences에서 기조 연설을 하며 SuperSuite 플랫폼 및 미국 온라인 마켓플레이스를 활용하기 위한 전략에 대한 통찰을 공유했습니다.
iPower Inc. (Nasdaq: IPW) a annoncé un partenariat avec Zyla, un service de compte financier multi-devises d'Ant International. Cette collaboration permet aux clients de Zyla d'élargir leurs ventes sur les principales places de marché en ligne américaines grâce à la plateforme SuperSuite d'iPower. C'est le premier pas vers une éventuelle intégration des services financiers de la chaîne d'approvisionnement au sein de SuperSuite.
iPower aidera les clients de Zyla à accéder aux marchés du commerce électronique américains, tout en accédant aux entreprises souhaitant entrer sur le marché américain. Dans le cadre de ce partenariat, le PDG d'iPower, Lawrence Tan, a prononcé des discours d'ouverture lors des Seller Conferences à Shanghai et Ningbo en septembre, partageant des idées sur la plateforme SuperSuite et des stratégies pour tirer parti des places de marché en ligne américaines.
iPower Inc. (Nasdaq: IPW) hat eine Partnerschaft mit Zyla, einem multivalutigen Finanzkontodienst von Ant International, bekannt gegeben. Diese Zusammenarbeit ermöglicht es Zylas Kunden, den Umsatz auf den wichtigsten US-Online-Marktplätzen zu steigern über die SuperSuite-Plattform von iPower. Es ist der erste Schritt in Richtung einer potenziellen Integration von Finanzdienstleistungen in der Lieferkette innerhalb von SuperSuite.
iPower wird Zylas Kunden dabei helfen, Zugang zu den US-E-Commerce-Märkten zu erhalten, während sie Zugang zu Unternehmen gewinnen, die in den US-Markt eintreten möchten. Im Rahmen dieser Partnerschaft hielt der CEO von iPower, Lawrence Tan, Hauptvorträge auf den Seller Conferences in Shanghai und Ningbo im September und teilte Erkenntnisse über die SuperSuite-Plattform und Strategien zur Nutzung der US-Online-Marktplätze.
- Partnership with Zyla expands iPower's reach to new potential supply chain partners
- Potential integration of supply chain financial services into SuperSuite platform
- Access to businesses seeking entry into U.S. ecommerce market
- CEO's keynote speeches at major conferences increase visibility and credibility
- None.
Insights
The partnership between iPower and Zyla represents a strategic move to expand iPower's reach and enhance its SuperSuite platform's capabilities. This collaboration opens up new opportunities for iPower in several key areas:
- Access to a new client base through Zyla's network, potentially increasing SuperSuite's user base
- Expansion into supply chain financial services, adding a new revenue stream
- Enhanced value proposition for existing and potential supply chain partners
- Increased visibility in the Asian market, as evidenced by the CEO's keynote speeches in China
While this partnership shows promise, its immediate financial impact is likely . The long-term potential depends on successful execution and the ability to convert Zyla's clients into active SuperSuite users. Investors should monitor key metrics such as user acquisition rates and revenue growth from new services in the coming quarters to gauge the partnership's success.
iPower's SuperSuite platform is positioning itself as a comprehensive solution for businesses looking to enter the U.S. e-commerce market. The partnership with Zyla adds a important financial component to their offerings, which could be a significant differentiator in a competitive landscape. Key points to consider:
- The integration of financial services with e-commerce tools creates a more attractive one-stop solution for international sellers
- Access to Zyla's client base provides a ready pool of potential customers for iPower's services
- The focus on supply chain management aligns with current industry trends towards efficiency and resilience
However, the e-commerce services market is highly competitive, with established players like Shopify and Amazon offering robust solutions. iPower will need to demonstrate clear advantages and successful case studies to gain significant market share. The true impact of this partnership will likely unfold over time as iPower refines its integrated offerings and proves its ability to drive tangible results for clients.
iPower CEO Delivered Keynote Speeches at Seller Conferences in Shanghai and Ningbo
RANCHO CUCAMONGA, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced its partnership with Zyla, a multi-currency financial account service offered by Ant International. This collaboration enables Zyla's clients to expand their sales on major U.S. online marketplaces through iPower’s SuperSuite platform. The Company’s partnership with Zyla is the first step towards a potential collaboration of supply chain financial services integrated within iPower's SuperSuite platform, enhancing the value and comprehensive support provided to its supply chain partners.
Through this collaboration, iPower can assist Zyla’s clients in expanding their reach into key U.S. online marketplaces by providing access to sales channels and fulfillment services. Additionally, iPower gains access to a network of businesses seeking entry into the U.S. ecommerce market, positioning the Company to attract new supply chain partners and drive growth in the SuperSuite platform. Zyla is the first financial services provider partner of iPower, marking a critical step toward providing supply chain financial services within iPower’s SuperSuite platform.
As part of this partnership, iPower’s CEO, Lawrence Tan, was invited to deliver keynote speeches at Seller Conferences in Shanghai and Ningbo in September. During his keynote addresses, Mr. Tan shared insights into iPower’s SuperSuite platform and its ability to revolutionize supply chain management and drive ecommerce growth. His presentations outlined iPower’s strategies to leverage the U.S. online marketplace to drive sales, streamline supply chain and fulfillment operations, and enhance long-term business success for both the Company and its partners.
“We are thrilled to kick off our partnership with Zyla and honored to have been invited to deliver the keynote speeches at the Seller Conferences in Shanghai and Ningbo,” said Lawrence Tan, CEO of iPower Inc. “We look forward to offering Zyla’s clients a pathway to efficiently enter the U.S. market, while also attracting additional supply chain partners to our SuperSuite platform. Integrating financial services into our suite of offerings marks another step toward delivering a comprehensive solution that supports the growth and success of our partners.”
About iPower Inc.
iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added ecommerce services for third-party products and brands. iPower's capabilities include a full spectrum of online channels, robust fulfillment capacity, a network of warehouses serving the U.S., competitive last mile delivery partners and a differentiated business intelligence platform. iPower believes that these capabilities will enable it to efficiently move a diverse catalog of SKUs from its supply chain partners to end consumers every day, providing the best value to customers in the U.S. and other countries. For more information, please visit iPower's website at www.meetipower.com.
About Zyla
Zyla, part of Ant International, specializes in providing multi-currency financial account service for small and medium-sized enterprises. Zyla helps U.S. businesses grow in international markets by providing fast, secure, and efficient financial solutions. Zyla is a key player in Ant Group’s global expansion strategy.
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
IPW@elevate-ir.com
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