WPF Holdings Completes Ok-Pop E-Commerce Acquisition

LOS ANGELES, CA, Jan. 24, 2023 (GLOBE NEWSWIRE) — through NewMediaWire — WPF Holdings, Inc. (OTC PINK: WPFHD) pronounces in the present day that it has acquired on-line and e-commerce property from KPOP 1004 operations. This displays the extra technology-focused route of WPF Holdings and modifies and closes out the acquisition settlement prior introduced between the events. KPOP 1004 has obtained 10,000 shares of WPF Holdings frequent inventory together with agreements to function as the only distributor of all Ok-Pop and Ok-Magnificence merchandise for WPF Holdings and its subsidiaries. 

As a part of the asset acquisition, WPF Holdings will kind a subsidiary firm referred to as Ok-Store, and can place all of those acquired property and operations throughout the newly shaped firm. KPOP 1004 will function as sole distributor for all Ok-Pop and Ok-Magnificence merchandise for Ok-Store. 

KPOP 1004 is the most important Ok-Pop retailer in the US (by sq. footage). The asset acquisition and unique on-line license is designed to leverage WPF Holdings’ advertising and marketing and know-how to extend gross sales and seize on-line Ok-Pop followers who will not be capable of go to the retail areas. 
Along with the web presence, Ok-Store may even present bodily kiosks in each KPOP 1004 location to permit for customers to buy on-line solely or non-stocked objects. Ok-Store plans to develop its kiosk program past the preliminary location within the Ontario Mills Mall (CA), San Francisco Premium Outlet (CA), Westfield Valencia City Middle (CA) and Las Vegas South Premium Retailers (NV) to a number of extra areas in a number of states by the top of 2023. Ok-Store plans to deal with the quickly rising Ok-Magnificence market, which accounts for $10.3 Billion in income and is estimated to develop to $31.6 Billion by 2029. 

About WPF Holdings, Inc.

WPF Holdings, Inc. is a dynamic e-commerce and digital consultancy firm that helps companies navigate the ever-evolving digital panorama. With a workforce of consultants in varied fields corresponding to net design, digital advertising and marketing, and e-commerce technique, we offer a holistic strategy to assist companies improve their on-line presence and income. Our objective is to empower companies to take full benefit of the alternatives that the digital world has to supply. Whether or not you are simply beginning out or seeking to take what you are promoting to the subsequent degree, we’re right here to assist. Let’s work collectively to attain your targets and drive success for what you are promoting.

Secure Harbor Assertion

This information launch accommodates forward-looking statements as outlined by the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements embody statements regarding plans, targets, targets, methods, future occasions or efficiency, and underlying assumptions and different statements which are apart from statements of historic details. These statements are topic to uncertainties and dangers together with, however not restricted to, product and repair demand and acceptance, adjustments in know-how, financial situations, the affect of competitors pricing, authorities regulation, and different dangers described in statements filed on occasion with the Securities and Change Fee. All such forward-looking statements whether or not written or oral, and whether or not made by or on behalf of the Firm, are expressly certified by the cautionary statements which will accompany the forward-looking statements. As well as, the Firm disclaims any obligation to replace any forward-looking statements to mirror occasions or circumstances after the date hereof.

CONTACT

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Eddie Kwong

E-mail: [email protected]

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