IPW IPOWER INC

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

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

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 .

Investor Relations Contact

Sean Mansouri, CFA or Aaron D’Souza

Elevate IR

(720) 330-2829



EN
14/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on IPOWER INC

 PRESS RELEASE

iPower Expands into Crypto Infrastructure Hardware with Nanopulse MOU

iPower Expands into Crypto Infrastructure Hardware with Nanopulse MOU RANCHO CUCAMONGA, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced a strategic expansion into crypto infrastructure hardware by entering into a non-binding Memorandum of Understanding (“MOU”) with Nanopulse Technology Ltd. (“Nanopulse”), a developer of specialized hardware for the crypto and digital asset industry. The initiative is designed to leverage iPower’s U.S.-based supply chain, fulfillment and e-commerce execution capabilities to commercialize crypt...

 PRESS RELEASE

iPower Reports Fiscal Q2 2026 Results and Completes Strategic Operatin...

iPower Reports Fiscal Q2 2026 Results and Completes Strategic Operating Reset RANCHO CUCAMONGA, Calif., Feb. 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today reported financial results for the fiscal second quarter ended December 31, 2025. Revenue was $7.1 million, reflecting the Company’s deliberate supply chain restructuring and transition to predominantly U.S.-based sourcing during the quarter, while gross profit was $3.1 million and gross margin remained strong at 44.0%. Total operating expenses declined 28% year-over-year to $5.6 million compar...

 PRESS RELEASE

iPower Authorizes $2 Million Share Repurchase Program, First in Compan...

iPower Authorizes $2 Million Share Repurchase Program, First in Company History RANCHO CUCAMONGA, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that its Board of Directors has approved a share repurchase program for the first time in the Company’s history, with unified support from all of the Company’s creditors. The share repurchase program reflects alignment across iPower’s capital structure and confidence in the Company’s financial position and strategic direction. The Company expects to implement the up to $2,000,000 s...

 PRESS RELEASE

iPower Eliminates Major Cost Center and Receives $2.3 Million in Consi...

iPower Eliminates Major Cost Center and Receives $2.3 Million in Consideration as Part of Strategic Restructuring While Retaining Core Supply Chain Platform RANCHO CUCAMONGA, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that it has eliminated a major operating cost center while receiving total consideration of approximately $2.3 million as part of a strategic restructuring designed to streamline operations and strengthen the Company’s core supply chain and fulfillment platform. Through this transaction, iPower has removed...

 PRESS RELEASE

iPower Accelerates SuperSuite Execution with Koala Story Onboarding an...

iPower Accelerates SuperSuite Execution with Koala Story Onboarding and Logistics Cost Reductions RANCHO CUCAMONGA, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced tangible operating progress across its SuperSuite supply chain platform (“SuperSuite”), including onboarding a new supply-chain partner and the rollout of additional last-mile logistics vendors that are already live and operational, improving unit economics. Koala Story Onboarded as New SuperSuite Supply Chain Partner Koala Story, a healthy pet snack brand, has j...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch