InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Unveils Rebrand as Aterian Inc. (NASDAQ: ATER)
April 30, 2021

InvestorNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Unveils Rebrand as Aterian Inc. (NASDAQ: ATER)

Mohawk Group Holdings (NASDAQ: MWK) has launched a rebrand that includes a new corporate name: Aterian Inc. (NASDAQ: ATER). Effective at 12:01 a.m. ET today, the new brand identity reflects the company’s strategic mission, operational expertise and market edge. The company, now named Aterian, is a market-leading, technology-enabled, consumer-products platform that builds, acquires and partners with best-in-class e-commerce brands. Central to Aterian’s focus is its exclusive software and highly agile supply chain, which creates top-selling products for a growing base of data-empowered e-commerce consumers. The announcement noted that the newly renamed company operates in a rapidly expanding market. eMarketer projections for worldwide e-commerce sales indicate that the sector will grow from $4.3 trillion in 2020 to $6.4 trillion by 2024. The company also plans to add new products and categories to its portfolio acquisition activity. “This is an exciting and special moment for our company,” said Aterian co-founder and CEO Yaniv Sarig in the press release. “Our new name, Aterian, draws inspiration from an important stage of early human progress. Dating to the Paleolithic era, the Aterian industry marked a leap forward in the design of innovative tools that led to greater efficiencies. Similarly, the consumer products industry is entering a pivotal moment as technology becomes a critical tool for brands in their efforts to predict and respond to online consumer demand at scale. Over the past seven years, we have grown from an early mover in the e-commerce marketplace segment to a leading technology-powered consumer products platform, with thousands of SKUs across 12 owned and operated brands. As we look to the future and the rapidly expanding market opportunities on the horizon, we continue to be well-positioned to build the world’s most efficient consumer products company.”

To view the full press releases, visit https://ibn.fm/AuxVw

About Aterian Inc. 


Aterian is a leading technology-enabled, consumer-products platform that builds, acquires and partners with best-in-class, e-commerce brands by harnessing proprietary software and an agile supply chain to create top-selling consumer products. The company’s cloud-based platform, Artificial Intelligence Marketplace Ecommerce Engine (“AIMEE”(TM)), leverages machine learning, natural language processing and data analytics to streamline the management of products at scale across the world’s largest online marketplaces including Amazon, Shopify and Walmart. Aterian has thousands of SKUs across 12 owned and operated brands and sells products in multiple categories, including home and kitchen appliances, health and wellness, beauty and consumer electronics. For more information about the company, visit www.Aterian.io.

NOTE TO INVESTORS: The latest news and updates relating to MWK are available in the company’s newsroom at https://ibn.fm/MWK

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).