iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its partnership with Zyla, a multi-currency financial account service offered by Ant International. This collaboration enables Zyla's clients to expand their sales on major U.S. online marketplaces through iPower's SuperSuite platform. The Company's partnership with Zyla is the first step towards a potential collaboration of supply chain financial services integrated within iPower's SuperSuite platform, enhancing the value and comprehensive support provided to its supply chain partners.
Through this collaboration, iPower can assist Zyla's clients in expanding their reach into key U.S. online marketplaces by providing access to sales channels and fulfillment services. Additionally, iPower gains access to a network of businesses seeking entry into the U.S. ecommerce market, positioning the Company to attract new supply chain partners and drive growth in the SuperSuite platform. Zyla is the first financial services provider partner of iPower, marking a critical step toward providing supply chain financial services within iPower's SuperSuite platform.
As part of this partnership, iPower's CEO, Lawrence Tan, was invited to deliver keynote speeches at Seller Conferences in Shanghai and Ningbo in September. During his keynote addresses, Mr. Tan shared insights into iPower's SuperSuite platform and its ability to revolutionize supply chain management and drive ecommerce growth. His presentations outlined iPower's strategies to leverage the U.S. online marketplace to drive sales, streamline supply chain and fulfillment operations, and enhance long-term business success for both the Company and its partners.
