Core Insights - iPower Inc. has made significant operational advancements in its SuperSuite supply chain platform, including the onboarding of a new supply-chain partner and the introduction of additional last-mile logistics vendors, which are already operational and enhancing unit economics [1]. Group 1: Supply Chain Developments - Koala Story, a healthy pet snack brand, has been onboarded as a new supply chain partner within iPower's SuperSuite ecosystem, with an initial focus on U.S.-manufactured Chicken Chips dog treats [2]. - The products from Koala Story are produced by a seasoned U.S. manufacturing partner that supports major national consumer brands, indicating a strong foundation for growth in the pet snack category, which is experiencing premiumization trends and repeat purchase behavior [3]. Group 2: Logistics Enhancements - iPower has engaged new logistics partners, including UniUni and GoFo, to enhance delivery efficiency and reduce last-mile delivery costs, with these partnerships already live within the logistics network [4]. - The new logistics partnerships are expected to lower last-mile delivery costs and improve delivery performance in key regions, contributing to overall operational efficiency [4]. Group 3: Strategic Focus - The CEO of iPower emphasized that SuperSuite is designed to scale through effective operational execution and disciplined cost management, focusing on onboarding quality partners and reducing fulfillment costs to create durable value [5]. - iPower is continuously evaluating its operating and capital structure to maximize long-term stockholder value as part of its long-term strategy [5]. Group 4: Company Overview - iPower Inc. is a technology- and data-driven online retailer that provides value-added e-commerce services for third-party products and brands, operating a nationwide fulfillment network and expanding its infrastructure across software, logistics, and manufacturing [6].
iPower Accelerates SuperSuite Execution with Koala Story Onboarding and Logistics Cost Reductions