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Jeffs' Brands Ltd (symbol: JFBR) is a pioneering e-commerce CPG company operating on the Amazon Marketplace. Serving as the holding company for several e-commerce brands, Jeffs' Brands leverages data-driven methodologies to identify and capitalize on growth opportunities within Amazon's vast online ecosystem. The company owns and manages five wholly-owned subsidiaries: Smart Repair Pro, Purex, Top Rank, Fort, and Jeffs' Brands Holdings. These subsidiaries operate online stores using Amazon's Fulfillment by Amazon (FBA) model to sell a diverse array of consumer products.
Jeffs' Brands utilizes advanced analytical tools to assess sales data and predict market trends, enabling them to identify and develop potential high-growth niches and products. Their strategic approach ensures they maximize the sales and reach of their proprietary products.
In recent achievements, Fort Products Ltd, a wholly-owned subsidiary, reported significant financial growth. For the period from March 9, 2023, to December 31, 2023, Fort's Amazon-generated revenues surged to approximately $5.3 million, marking a 23% increase compared to the same period in 2022. The profit attributed directly to Amazon sales also increased to $614,000 from $445,000, showcasing the effective integration and expansion under Jeffs' Brands' stewardship.
Moreover, Jeffs' Brands has launched an innovative line of pest control solutions under the Fort brand. This product range, featuring advanced pest-repellent technology, is designed to offer humane and environmentally-friendly pest control options. It has been well-received in the European market, targeting residential, commercial, and agricultural sectors.
With a vision to enhance its logistical capabilities, Jeffs' Brands has signed a memorandum of understanding to acquire a strategically located logistics center in New Jersey. This acquisition aims to streamline inventory management and order processing, thus supporting the company's rapid growth and expansion plans.
Jeffs' Brands continues to set new benchmarks in the e-commerce sector by blending human expertise with cutting-edge technology. Their commitment to innovation, quality, and sustainability is evident in their continuous efforts to expand their product offerings and market presence.
For more detailed information about Jeffs' Brands Ltd, visit Jeffs' Brands Ltd.
Jeffs' Brands (Nasdaq: JFBR) has secured a two-year exclusive worldwide distribution agreement for advanced drone safety systems on Amazon's global marketplace. The agreement grants the e-commerce company exclusive rights to distribute safety systems developed by a leading drone company, subject to certain conditions. The systems will be sold exclusively through Amazon's marketplace, leveraging Jeffs' Brands' e-commerce expertise to deliver advanced technological solutions to consumers.
Jeffs' Brands (Nasdaq: JFBR), an e-commerce company operating on Amazon Marketplace, has announced regaining compliance with Nasdaq's minimum bid price requirement. The company received written notice from Nasdaq confirming that it has met the requirement of maintaining a minimum bid price of $1.00 per share for 10 consecutive business days. This resolves the previous bid price deficiency matter, allowing JFBR to continue trading on the Nasdaq Capital Market. However, the company notes there is no guarantee of continued listing on Nasdaq or other national securities exchanges.
Jeffs' Brands (Nasdaq: JFBR) has secured a two-year exclusive worldwide distribution agreement to sell advanced drone safety systems through Amazon's global marketplace. The systems are developed by a leading drone company, where some of Jeffs' Brands' directors serve as board members. The agreement aligns with the company's strategy to leverage its e-commerce expertise in bringing advanced technological solutions to consumers, focusing on reliability and performance standards in the drone safety industry.
Jeffs' Brands (NASDAQ: JFBR) has signed a binding Letter of Intent with Deliverz.AI to establish a joint venture for AI-powered autonomous robotic solutions in U.S. healthcare logistics. The venture combines Deliverz.AI's technology, including their flagship robot Polly, with Jeffs' Brands' $1 million investment for equal 50% stakes. The investment will be paid in phases: $100,000 at signing, $100,000 after first U.S. pilot, and $800,000 in installments through 2025. The JV targets the service robotics market, projected to grow from $41.5B in 2023 to $84.8B by 2028. Deliverz.AI's robots are currently operational at Sheba Medical Center, ranked 9th globally by Newsweek.
Jeffs' Brands announced that its subsidiary, Fort Products, achieved record-breaking sales of $1.2 million on Amazon Marketplace in the UK and Europe during November 2024. This represents an 83% growth compared to $659,000 in November 2023, marking Fort's best sales month since 2015. The exceptional performance was driven by strong Black Friday shopping season demand and consistent customer preference for Fort's products.
Jeffs' Brands (Nasdaq: JFBR) announced that Wellution®, a wellness brand owned by its 49% subsidiary SciSparc Nutraceuticals, has received trademark registration approval from the USPTO for non-medicated skin and hair care preparations. Wellution® sells various hemp-based products on Amazon Marketplace, including gummies, oils, creams, and beauty treatments, all manufactured in the United States. The trademark provides intellectual property protection for Wellution's offerings in Class 3 goods. The company aims to strengthen its position in the wellness space ahead of the Q4 Christmas shopping season.
Jeffs' Brands (Nasdaq: JFBR) has signed a binding Letter of Intent with Deliverz.AI to establish a joint venture for AI-powered autonomous robotic solutions in U.S. healthcare logistics. The JV structure involves Deliverz.AI contributing technology licenses for 50% equity and Jeffs' Brands investing $1 million for the other 50%. Deliverz.AI's robot Polly is currently operational at Sheba Medical Center, delivering chemotherapy drugs autonomously. The service robotics market is projected to grow from $41.5 billion in 2023 to $84.8 billion by 2028. The definitive agreement is expected within 30 days, subject to due diligence and regulatory approvals.
Jeffs' Brands subsidiary Fort Products announces two major initiatives to transform its e-commerce operations. First, Fort is developing an AI-based mobile application for pest control solutions, set to launch in H1 2025. The app will use AI to identify pests and provide tailored treatment recommendations, available on iOS and Android. Second, Fort will integrate cryptocurrency payments, including Bitcoin, into its online platform starting Q1 2025. The payment system will operate through third-party processors to ensure secure transactions. These initiatives aim to enhance Fort's market position and expand its global reach.
Jeffs' Brands (Nasdaq: JFBR) has entered into a three-year patent licensing agreement with Xiamen Fast Power, a Chinese photovoltaic technology company. The agreement grants Jeffs' Brands exclusive rights to market and sell Xiamen's patented waterproof photovoltaic board technology (patent #6345668) globally through Amazon Marketplace. The company will pay quarterly royalties equal to 15% of net cash flow profit from sales using the patented technology. This strategic move aims to diversify the company's product portfolio in the renewable energy sector and capitalize on growing demand for sustainable energy solutions.
Jeffs' Brands (Nasdaq: JFBR) announced the implementation of a 1-for-13 reverse share split effective after market close on November 19, 2024. The company's outstanding shares will be reduced from 9,351,768 to approximately 719,367, with about 520,290 shares publicly held. Trading under the symbol 'JFBR' will continue on the Nasdaq Capital Market, beginning on a split-adjusted basis on November 20, 2024. The reverse split was approved by shareholders on July 17, 2024. No fractional shares will be issued, and proportionate adjustments will be made to outstanding options and warrants.
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