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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value
Company profile

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World). It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). Its Local category includes offerings from local and national merchants, as well as local events. Its Goods category offers customers the ability to find deals on merchandise across various product lines, including electronics, sporting goods, jewelry, toys, household items and apparel. Through its Travel category, it features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel.

Closing Price
$25.40
Day's Change
0.49 (1.97%)
Bid
--
Ask
--
B/A Size
--
Day's High
27.55
Day's Low
25.04
Volume
(Heavy Day)
Volume:
8,097,151

10-day average volume:
5,716,891
8,097,151

Quanta Inc Launches New molequle Brand for Amazon

8:32 am ET June 25, 2020 (Accesswire) Print

BURBANK, CA / ACCESSWIRE / June 25, 2020 / Quanta Inc. (OTC PINK:QNTA), an applied sciences company based on a quantum biology platform that significantly boosts the potency and efficiency of any plant-based matter, announced the launch of molequle, a new skincare brand initially featuring masks and under eye patches. The products, made with all-natural ingredients and featuring Quanta's polarization technology, are slated to debut on Amazon's retail platform this summer. Other e-tailing outlets are expected to launch later in 2020.

Image: https://www.accesswire.com/users/newswire/images/595171/molequelogo.png

Eric Rice, Chief Executive Officer of Quanta commented, "Quanta branded and licensed products feature polarized ingredients that have proven to significantly augment the therapeutic and overall health benefits in many consumer products. In much the same way we introduced consumers to these benefits through our enhanced Quanta CBD Muscle Rub, molequle will offer a broader set of consumers similar skincare benefits via Amazon and other e-tail platforms."

Purposely designed as an e-tail brand, molequle (www.molequleskincare.com) will be sold on Amazon.com and other e-tail platform and comprises seven SKU's: four full face masks and three eye patches - carrying pithy, fun names like "Baggage Handler" and "Magic Mushroom Moisturizing Mask" aimed at the Glossier consumer (younger Millennials and Gen Z). A pack of three full-face masks will initially retail for $24.99 and a pack of two eye patches retails for $14.99.

The facial mask category, globally, has grown at a double-digit clip since 2010, and is expected to continue to grow in excess of 10% per year to an estimated $11.4 billion globally by 2025 according to Adroit, with sheet masks accounting for 36% of this market. Quanta's demonstrated technology delivers enhanced results as proven by recent polarization studies on Vitamin A (Retinol), Topical Vitamin C and Growth Factor - see here

Image: https://www.accesswire.com/users/newswire/images/595171/moleque3.PNG

"Quanta remains a technology provider and this effort illustrates how co-branding with us looks," added Rice. "Currently we sell through physicians and select retail outlets and mostly to a male customer base. However, beauty products sold on Amazon reach a more female-dominated consumer buying base and we are excited to drive awareness of the benefits of polarization through sales to all those who want the best products that promote a healthier lifestyle on this exciting new platform."

About Quanta:

Quanta, Inc. ("Quanta") is a cutting-edge technology platform whose patented, proprietary technology harnesses advances in quantum biology to increase the potency of active ingredients. Currently, Quanta supports product formulations in pain management, anti-inflammation,skincare,anti-aging, nutritional supplements, and plant-based consumables. Ultimately, Quanta's mission is to deliver better, more effective ingredients to elevate product efficacy, reduce waste and facilitate healthier, more sustainable consumption.

The established resonance theory behind Quanta's polarization process has many potential applications. From potentiating bio-ingredients to produce more-effective carbon-trapping plants to transformative anti-aging solutions Quanta's technology has the opportunity to upend how commercial products are made and the benefits from them. Already we see multi-trillion-dollar global industries benefiting from Quanta's technology. You can find more about Quanta at https://buyquanta.com/.

About moleque: https://molequleskincare.com/

Contacts:

Darrow Associates, Inc.

Peter Seltzberg, Managing Director, IR

pseltzberg@darrowir.com

(516) 419-9915

SOURCE: Quanta

View source version on accesswire.com:

https://www.accesswire.com/595171/Quanta-Inc-Launches-New-molequle-Brand-for-Amazon

comtex tracking

COMTEX_367363874/2457/2020-06-25T08:32:59

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