E-commerce acceleration
Search documents
Vitalist Inc. Partners with Pattern to Accelerate Global E-Commerce Growth for Reebok Smartwatches
Globenewswire· 2026-02-04 12:03
CALGARY, Alberta, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Vitalist Inc. (TSX-V: VITA.V; OTCQB: VTLSF) (“Vitalist”, “we”, “our” or the “Company”), a dynamic global smartwatch company known for its strategic partnerships with global brands, today announced it has entered into a strategic agreement with Pattern Inc., a subsidiary of Pattern Group Inc. (NASDAQ: PTRN) (“Pattern”), a category leader in global e-commerce acceleration. This partnership is executed under the recently announced Global Ecommerce Marketplace ...
Amazon Reseller Pattern Valued at $2.5 Billion in IPO
PYMNTS.com· 2025-09-19 23:35
Core Insights - Pattern raised $300 million in its IPO, with shares closing up 11% on the first day of trading [1] - The IPO priced shares at $14, valuing the company at $2.5 billion, with an opening price of $13.50 and a closing price of $15.63 [2] Company Overview - Founded in 2013 as iServe Products and rebranded to Pattern in 2019, the company positions itself as an "eCommerce accelerator" [2][4] - Pattern's revenue is heavily reliant on Amazon, with 94% of its 2024 revenue coming from sales on the platform [2] Financial Performance - The company reported $1.8 billion in revenues for 2024, with a 35% revenue increase in the first half of 2025 [5] - As of July, Pattern was collaborating with over 200 brands [5] Market Position and Strategy - Pattern's AI-driven platform supports brands across 60+ marketplaces, optimizing various aspects of eCommerce such as traffic, conversion, price, and availability [3] - The company aims to alleviate the complexities faced by sellers in global marketplaces, including compliance and cost management [6] Future Outlook - Pattern expressed optimism about its growth trajectory, stating that "the best is yet to come" following its IPO [3]