MWK Mohawk Group Holdings

Mohawk Group's Fulfillment Platform Made Available to Amazon FBA Sellers Impacted by COVID-19 Crisis

Mohawk Group's Fulfillment Platform Made Available to Amazon FBA Sellers Impacted by COVID-19 Crisis

NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) -- Mohawk Group Holdings, Inc. (NASDAQ: MWK) the tech-enabled, consumer products company, announced today that in light of the current COVID-19 FBA fulfillment challenges facing sellers on Amazon’s Marketplace, Mohawk is making available its AIMEE software platform to facilitate deliveries during these unprecedented times.  Today, Mohawk is one of the largest Amazon sellers armed with a proprietary third party logistics network that is able to cover approximately 93% of the US population in one to two days Prime certified shipping.  

Yaniv Sarig, Co-Founder and Chief Executive Officer of Mohawk Group, stated, “During these difficult times it is incumbent on us all to do our part to help alleviate the challenges currently facing everyone. Making the Mohawk AIMEE platform available to sellers who rely on Amazon’s fulfillment services will allow them to maintain operations, while freeing up Amazon to focus on delivering essential products, and all of this ultimately allowing consumers to stay at home and safe.”

In a post to its Amazon Services Seller Forums, Amazon stated in part: "We are closely monitoring the developments of COVID-19 and its impact on our customers, selling partners, and employees. We are seeing increased online shopping, and as a result some products such as household staples and medical supplies are out of stock. With this in mind, we are temporarily prioritizing household staples, medical supplies, and other high-demand products coming into our fulfillment centers so that we can more quickly receive, restock, and deliver these products to customers. For products other than these, we have temporarily disabled shipment creation. We are taking a similar approach with retail vendors. This will be in effect today through April 5, 2020, and we will let you know once we resume regular operations. Shipments created before today will be received at fulfillment centers. We understand this is a change to your business, and we did not take this decision lightly. We are working around the clock to increase capacity and yesterday announced 133 that we are opening 100,000 new full- and part-time positions in our fulfillment centers across the US. We appreciate your understanding as we prioritize the above products for our customers."



For further information please contact Sam Appelbaum , Head of Business Development & SaaS, at

About Mohawk Group Holdings, Inc.

Mohawk Group Holdings, Inc. and subsidiaries (“Mohawk”) is a rapidly growing technology-enabled consumer products company that uses machine learning, natural language processing, and data analytics to design, develop, market and sell products. Mohawk predominantly operates through online retail channels such as Amazon, and Walmart. Mohawk has incubated and grouped four owned and operated brands: hOme, Vremi, Xtava and RIF6. Mohawk sells products in multiple categories, including home and kitchen appliances, kitchenware, environmental appliances (i.e., dehumidifiers and air conditioners), beauty-related products and, to a lesser extent, consumer electronics. Mohawk was founded on the premise that if a company selling consumer packaged goods was founded today, it would apply artificial intelligence and machine learning, the synthesis of massive quantities of data and the use of social proof to validate high caliber product offerings as opposed to over-reliance on brand value and other traditional marketing tactics.

Forward Looking Statements

All statements other than statements of historical fact included in this press release that address activities, events, or developments that we expect, believe, or anticipate will or may occur in the future are forward-looking statements including, in particular, the statements about our ability to successfully deploy, market and sell our SaaS product offering, launch products and to expand our product offerings,, our technology platform and its ability to disrupt the consumer products industry; our ability to gain market share; and our ability to penetrate new categories. These forward-looking statements are based on management’s current expectations and beliefs and are subject to uncertainties and other factors, all of which are difficult to predict and many of which are beyond our control and could cause actual results to differ materially and adversely from those described in the forward-looking statements. These risks include, but are not limited to, those related to our cash flows and revenue growth rate; customer adoption, development of our AIMEE software platform to meet needs of third parties, our supply chain, sourcing, manufacturing and warehousing; international tariffs and trade measures; inventory management, product liability claims, recalls, or other safety concerns; reliance on third-party online marketplaces; seasonal and quarterly variations in our revenue; acquisitions of other companies and technologies; and other factors discussed in the “Risk Factors” section of our most recent periodic reports filed with the Securities and Exchange Commission (“SEC”), including in our final prospectus filed with the SEC pursuant to Rule 424(b) under the Securities Act of 1933, as amended, on June 13, 2019, all of which you may obtain for free on the SEC’s website at Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Media Contact
Jessica Liddell
ICR
203-682-8200
  

Investor Contacts:
Ilya Grozovsky, Mohawk Group
 
917-905-1699

Brendon Frey, ICR
 
203-682-8200
EN
20/03/2020

Underlying

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

Reports on Mohawk Group Holdings

 PRESS RELEASE

Aterian Reports 2025 Second Quarter Financial Results and Provides Gui...

Aterian Reports 2025 Second Quarter Financial Results and Provides Guidance for the Second Half of 2025 Tariff Mitigation Strategies, Cost Optimization Plan, New Product Introductions, and Sales Channel Expansion Position the Company for Improved Performance SUMMIT, N.J., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a consumer products company, today announced financial results for the second quarter ended June 30, 2025 (“Q2 2025”) and provided net revenue and Adjusted EBITDA guidance for the six months ending December 31, 2025. "The se...

 PRESS RELEASE

Aterian Sets Date for Second Quarter 2025 Earnings Announcement & Inve...

Aterian Sets Date for Second Quarter 2025 Earnings Announcement & Investor Conference Call SUMMIT, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced that it will issue its financial results for the second quarter ended June 30, 2025 on Wednesday, August 13, 2025 after the close of the stock market. The Company will host a corresponding conference call at 5:00 p.m. ET that day to discuss the results. Investors interested in participating in the live call can dial: (800) 715-9871 (Domestic)(646) 307-1963 (International)Passc...

 PRESS RELEASE

Aterian Announces Exclusive Prime Day Deals Across Six Leading Brands

Aterian Announces Exclusive Prime Day Deals Across Six Leading Brands SUMMIT, N.J., July 07, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today unveiled its Prime Day lineup offering limited-time deals of up to 36% off top-rated products across six of its premier e-commerce brands—hOmeLabs, Squatty Potty, PurSteam, Mueller Living, Healing Solutions, and Photo Paper Direct—bringing must-have home upgrades, wellness essentials, culinary aids, and premium printable fabrics to savvy shoppers this summer. Shoppers can take advantage of these exclusive li...

 PRESS RELEASE

Aterian Expands Presence on Mercado Libre into Chile, Colombia, and Ar...

Aterian Expands Presence on Mercado Libre into Chile, Colombia, and Argentina Extends Product Footprint in Latin America with PurSteam, Mueller, and Squatty Potty Brands SUMMIT, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced the expansion of its presence on Mercado Libre, Latin America’s leading e-commerce platform. Building on its 2024 launch on Mercado Libre’s Mexico marketplace, Aterian began offering select products from its PurSteam, Mueller, and Squatty Potty brands on Mercado Libre’s platforms in Chile, Colombia,...

 PRESS RELEASE

Aterian Expands Omnichannel Reach with Product Launches on Temu

Aterian Expands Omnichannel Reach with Product Launches on Temu New digital shelf space opens doors for accelerated consumer access and visibility SUMMIT, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced the launch of select products from its flagship brands—including Squatty Potty, hOmeLabs, Healing Solutions, Mueller Living, and PurSteam—on Temu, a global e-commerce marketplace with a fast-growing U.S. customer base. Each of these products became available on Temu during the second quarter of 2025. Aterian is leverag...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch