Reborn Coffee And Hour Loop Expand Partnership On Amazon With Launch Of Exclusive Organic Volcanic Tea
Portfolio Pulse from Benzinga Newsdesk
Reborn Coffee, Inc. (NASDAQ:REBN) and Hour Loop, Inc. (NASDAQ:HOUR) have expanded their partnership to offer new Reborn branded Organic Volcanic Tea through the Amazon Marketplace program. The tea is sourced from the Big Island of Hawaii and is low in caffeine, rich in antioxidants and other beneficial compounds. The partnership extends the recently announced agreement to purchase, carry and handle Reborn coffee products as well as manage listings, logistics, marketing, inventory management, price monitoring and platform integration on Amazon Marketplace.
October 25, 2023 | 12:33 pm
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NEUTRAL IMPACT
Amazon Marketplace will be the platform for the new product offering from the partnership between Reborn Coffee, Inc. and Hour Loop, Inc.
While Amazon Marketplace is the platform for the new product, the impact on Amazon's overall business and stock price is likely to be minimal due to the size and diversity of Amazon's operations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Hour Loop, Inc. is expanding its product offerings through a partnership with Reborn Coffee, Inc. and Amazon Marketplace.
The expanded partnership and new product offering could potentially increase Hour Loop's sales and market reach, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Reborn Coffee, Inc. is expanding its product line and reach through a partnership with Hour Loop, Inc. and Amazon Marketplace.
The expanded partnership and new product launch could potentially increase Reborn Coffee's sales and market reach, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100