Mohawk Group Holdings Inc. (NASDAQ: MWK) Diversifies its E-Commerce Portfolio Through Strategic Acquisition
Mohawk Group Holdings Inc. designs, develops, markets, and sells consumer products guided by machine learning, natural language processing, and data analytics Mohawk is on a mission to become the leading e-commerce consumer brands platform The company’s acquisition of Healing Solutions, LLC, itself a leading online seller, heralded Mohawk’s entry into the essential oils sector The acquisition is the latest in a string of similar business moves and is expected to increase MWK’s revenue for the 2021 financial year Mohawk Group Holdings (NASDAQ: MWK), a growing tech-enabled consumer products company, has continued its quest to become the leading e-commerce consumer brands…