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IPower divests subsidiary for $2.3 million in bid to streamline costs
iPower Inc. (NASDAQ:IPW) said it has sold its subsidiary Global Product Marketing Inc. for roughly $2.3 million, a move aimed at lowering operating expenses as part of a broader restructuring effort.
RANCHO CUCAMONGA, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that its ...
RANCHO CUCAMONGA, Calif., Aug. 19, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ: IPW), a data and technology driven e-commerce retailer and infrastructure company, today announced a key milestone in ...
DUARTE, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- On February 15, 2022, iPower Inc. (Nasdaq:IPW) (“iPower” or the “Company”), one of the leading online hydroponic equipment suppliers and retailers, ...
“I’m proud of our team’s hard work in fiscal 2024 to drive record levels of gross margin, operating expense reductions and another year of positive cash flow from operations,” said Lawrence Tan, CEO ...
Through this transaction, iPower has removed major costs associated with online sales operations by selling its subsidiary, Global Product Marketing Inc., while retaining iPower’s core supply chain, ...
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell ...
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