InvestorNewsBreaks – Why Mohawk Group Holdings Inc. (NASDAQ: MWK) Is ‘One to Watch’

March 8, 2021 13:34:09

Mohawk Group Holdings (NASDAQ: MWK) is a leading tech-enabled consumer products platform that utilizes machine learning, natural language processing and data analytics to design, develop, market, and sell products. Mohawk’s proprietary AIMEE(R) platform leverages data and artificial intelligence (“AI”) to automate the design, development and launch of best-selling consumer products. The company owns and operates 12 brands to sell consumer products across multiple categories ranging from kitchenware and home appliances to environmental appliances, beauty offerings and even consumer electronics. A recent article discussing the company reads, “AIMEE(R) (AI Mohawk E-commerce Engine) is Mohawk’s proprietary platform that leverages data and AI to: identify new market opportunities; launch new products; automate marketing variables; and analyze and optimize company-owned and operated consumer product brands.”

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About Mohawk Group Holdings Inc.

Mohawk Group Holdings, together with its subsidiaries (“Mohawk”), is a rapidly growing technology-enabled consumer products company that uses machine learning, natural language processing and data analytics to design, develop, market and sell products. Mohawk predominantly operates through online retail channels such as Amazon and Walmart. Mohawk has 12 owned and operated brands and sells products in multiple categories, including home and kitchen appliances, kitchenware, environmental appliances (i.e., dehumidifiers and air conditioners), beauty-related products and, to a lesser extent, consumer electronics. Mohawk was founded on the premise that if a company selling consumer packaged goods was founded today, it would apply artificial intelligence and machine learning, the synthesis of massive quantities of data and the use of social proof to validate high-caliber product offerings as opposed to over-reliance on brand value and other traditional marketing tactics. For more information, visit the company’s website at www.MohawkGp.com.

NOTE TO INVESTORS: The latest news and updates relating to MWK are available in the company’s newsroom at https://ibn.fm/MWK

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