IPW - iPower drops 14% enters partnership with LTMATE Global
2023-07-13 10:58:37 ET
- iPower ( NASDAQ: IPW ) enters strategic partnership with LTMATE Global, an online retailer and distributor of home furnishings and décor in multiple countries around the globe.
- Under the terms of the agreement, iPower will leverage its expertise in both ecommerce and social commerce services by utilizing its merchandising and logistics capabilities, as well as its Amazon 1P and 3P vendor partnerships.
- iPower ( IPW ) will also provide access to other full spectrum ecommerce sales channels such as TikTok shopping to bring LTMATE products to market in the US.
- IPW stock price has dropped about 15% on Thursday.
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iPower drops 14%, enters partnership with LTMATE Global