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iPower Expands SuperSuite’s U.S. Sales Channels with AliExpress

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iPower Inc. (Nasdaq: IPW) has expanded its SuperSuite's U.S. sales channels by launching on AliExpress. This addition provides iPower's supply chain partners access to another major U.S. marketplace, joining existing platforms like Amazon Vendor, Amazon 3P, Walmart.com, Temu, and TikTok Shop. The integration of AliExpress into iPower's SuperSuite platform offers partners the opportunity to:

  • Expand U.S. market access
  • Diversify sales channels
  • Streamline operations

CEO Lawrence Tan emphasized that this integration strengthens iPower's U.S. market presence and demonstrates the company's commitment to enhancing market access and driving value across its platform.

iPower Inc. (Nasdaq: IPW) ha ampliato i canali di vendita della sua SuperSuite negli Stati Uniti lanciando su AliExpress. Questo aggiunta fornisce ai partner della catena di fornitura di iPower l'accesso a un altro importante mercato statunitense, unendosi a piattaforme esistenti come Amazon Vendor, Amazon 3P, Walmart.com, Temu e TikTok Shop. L'integrazione di AliExpress nella piattaforma SuperSuite di iPower offre ai partner l'opportunità di:

  • Espandere l'accesso al mercato statunitense
  • Diversificare i canali di vendita
  • Ottimizzare le operazioni

Il CEO Lawrence Tan ha sottolineato che questa integrazione rafforza la presenza di iPower nel mercato statunitense e dimostra l'impegno dell'azienda a migliorare l'accesso al mercato e a generare valore attraverso la sua piattaforma.

iPower Inc. (Nasdaq: IPW) ha ampliado sus canales de ventas en EE. UU. lanzando en AliExpress. Esta adición proporciona a los socios de la cadena de suministro de iPower acceso a otro importante mercado estadounidense, uniéndose a plataformas existentes como Amazon Vendor, Amazon 3P, Walmart.com, Temu y TikTok Shop. La integración de AliExpress en la plataforma SuperSuite de iPower ofrece a los socios la oportunidad de:

  • Expandir el acceso al mercado estadounidense
  • Diversificar los canales de ventas
  • Optimizar las operaciones

El CEO Lawrence Tan enfatizó que esta integración fortalece la presencia de iPower en el mercado estadounidense y demuestra el compromiso de la empresa de mejorar el acceso al mercado y generar valor a través de su plataforma.

iPower Inc. (Nasdaq: IPW)는 AliExpress에서 출시하여 SuperSuite의 미국 판매 채널을 확장했습니다. 이 추가 기능은 iPower의 공급망 파트너에게 아마존 공급업체, 아마존 3P, Walmart.com, Temu, TikTok Shop과 같은 기존 플랫폼에 합류하여 또 다른 주요 미국 시장에 접근할 수 있는 기회를 제공합니다. AliExpress의 SuperSuite 플랫폼 통합은 파트너에게 다음과 같은 기회를 제공합니다:

  • 미국 시장 접근 확대
  • 판매 채널 다각화
  • 운영 효율화

CEO 로렌스 탄은 이 통합이 iPower의 미국 시장 존재감을 강화하고 시장 접근을 개선하고 플랫폼 전반에 가치를 창출하려는 회사의 의지를 보여준다고 강조했습니다.

iPower Inc. (Nasdaq: IPW) a élargi ses canaux de vente aux États-Unis pour sa SuperSuite en lançant sur AliExpress. Cet ajout permet aux partenaires de la chaîne d'approvisionnement d'iPower d'accéder à un autre marché majeur aux États-Unis, rejoignant des plateformes existantes telles qu'Amazon Vendor, Amazon 3P, Walmart.com, Temu et TikTok Shop. L'intégration d'AliExpress dans la plateforme SuperSuite d'iPower offre aux partenaires l'opportunité de :

  • Élargir l'accès au marché américain
  • Diversifier les canaux de vente
  • Rationaliser les opérations

Le PDG Lawrence Tan a souligné que cette intégration renforce la présence d'iPower sur le marché américain et démontre l'engagement de l'entreprise à améliorer l'accès au marché et à apporter de la valeur à sa plateforme.

iPower Inc. (Nasdaq: IPW) hat seine Vertriebswege der SuperSuite in den USA durch den Launch auf AliExpress erweitert. Diese Ergänzung gibt iPowers Partnern in der Lieferkette Zugang zu einem weiteren bedeutenden US-Marktplatz und reiht sich in bestehende Plattformen wie Amazon Vendor, Amazon 3P, Walmart.com, Temu und TikTok Shop ein. Die Integration von AliExpress in die SuperSuite-Plattform von iPower bietet den Partnern die Möglichkeit:

  • Zugang zum US-Markt zu erweitern
  • Vertriebskanäle zu diversifizieren
  • Operationen zu optimieren

CEO Lawrence Tan betonte, dass diese Integration die Marktpräsenz von iPower in den USA stärkt und das Engagement des Unternehmens zeigt, den Marktzugang zu verbessern und den Wert seiner Plattform zu steigern.

Positive
  • Expansion of sales channels with AliExpress integration
  • Increased market access for supply chain partners
  • Diversification of sales platforms, reducing reliance on single channels
  • Streamlined operations through SuperSuite platform integration
Negative
  • None.

Insights

The expansion of iPower's SuperSuite to include AliExpress as a sales channel is a strategic move that could potentially boost the company's market reach and revenue. This addition diversifies iPower's platform offerings, potentially reducing risk and increasing resilience in the competitive e-commerce landscape.

Key points to consider:

  • Market Expansion: Access to AliExpress's large U.S. consumer base could drive significant growth for iPower and its partners.
  • Channel Diversification: Adding AliExpress to existing channels like Amazon and Walmart.com reduces dependency on any single platform.
  • Operational Efficiency: Integration into the SuperSuite platform streamlines operations for partners, potentially improving margins.

However, the impact on iPower's financials remains to be seen. The success will depend on factors such as partner adoption rates, consumer reception and the ability to compete effectively on the AliExpress platform. Investors should monitor future earnings reports for concrete evidence of this expansion's impact on revenue and profitability.

RANCHO CUCAMONGA, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced the expansion of SuperSuite’s U.S. sales channels with its launch on AliExpress. This addition further expands the Company’s reach and provides supply chain partners access to another major U.S. marketplace. AliExpress joins iPower’s growing list of U.S. sales channels, which includes platforms such as Amazon Vendor, Amazon 3P, Walmart.com, Temu, TikTok Shop, and several others.

AliExpress, known for its wide range of consumer products, offers iPower’s supply chain partners an additional opportunity to reach more U.S. consumers, expanding their sales potential within the country’s growing ecommerce market. The integration of AliExpress enhances iPower’s multi-channel strategy, providing its partners with another diverse and high-growth sales avenue.

With AliExpress now a part of iPower’s SuperSuite platform, supply chain partners can:

  • Expand U.S. Market Access: Reach millions of U.S. consumers via a new, rapidly growing ecommerce platform.
  • Diversify Sales Channels: By adding AliExpress to existing channels like Amazon, Walmart.com, Temu and TikTok Shop, iPower’s partners reduce their reliance on any single platform, increasing their overall growth potential.
  • Streamline Operations: AliExpress is integrated into iPower’s SuperSuite platform, allowing partners to easily manage listings, sales, and fulfillment across multiple channels from a single dashboard.

“The integration of AliExpress into our sales channel network strengthens our U.S. market presence and offers our supply chain partners another avenue for growth,” said Lawrence Tan, CEO of iPower. “We are committed to offering a robust multi-channel solution that enables our partners to reach U.S. consumers more efficiently and effectively. Launching sales on AliExpress further underscores our dedication to enhancing market access and driving value across our entire platform.”

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.

Investor Relations Contact

Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
IPW@elevate-ir.com


FAQ

What new sales channel has iPower (IPW) added to its SuperSuite platform?

iPower has added AliExpress as a new sales channel to its SuperSuite platform, expanding its U.S. sales channels.

How does the AliExpress integration benefit iPower's (IPW) supply chain partners?

The integration allows iPower's supply chain partners to expand U.S. market access, diversify sales channels, and streamline operations through the SuperSuite platform.

What other sales channels does iPower (IPW) offer besides AliExpress?

iPower offers sales channels including Amazon Vendor, Amazon 3P, Walmart.com, Temu, TikTok Shop, and several others.

How does the AliExpress integration align with iPower's (IPW) strategy?

The integration aligns with iPower's multi-channel strategy, providing partners with another diverse and high-growth sales avenue in the U.S. ecommerce market.

iPower, Inc.

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