Jeff Brand

Jeffs’ Brands Expands its Fort Brand of Pest Control Solutions to Amazon Marketplace in France

Retrieved on: 
Vendredi, octobre 27, 2023

Tel Aviv, Israel, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the expansion of its highly successful brand of pest control solutions (“Fort Brand”), to the Amazon Marketplace in France.

Key Points: 
  • Tel Aviv, Israel, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the expansion of its highly successful brand of pest control solutions (“Fort Brand”), to the Amazon Marketplace in France.
  • This strategic move marks another significant step in Jeffs' Brands' mission to provide top-notch pest control solutions to customers worldwide.
  • Following the success of the Fort Brand in the United Kingdom, Jeffs' Brands recognizes the growing demand for its premium pest control products in the French market.
  • French consumers, will now have access to Fort Band cutting-edge pest control solutions, offering effective and innovative products to address their needs.

Medigus: Jeffs' Brands to Acquire 50.01% Interest in an AI marketing Business to Enhance Its Machine Learning Capabilities

Retrieved on: 
Vendredi, juillet 7, 2023

Tel Aviv, Israel, July 07, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that Jeffs' Brands Ltd. (“Jeffs’ Brands”) (owned 34.87% by Medigus) a data-driven E-commerce company operating on the Amazon Marketplace, has entered into a non-binding letter of intent ("LOI") to acquire a majority controlling interest of the B24Chat business, an AI marketing  platform specializing in enterprise-level omnichannel and conversational automation management. 

Key Points: 
  • The entry into the LOI and the transaction contemplated thereby aligns with Jeffs' Brands' commitment to leveraging state-of-the-art technologies for enhancing its in-house marketing and service capability and revenue growth.
  • This acquisition signifies Jeffs' Brands' strategic entry into the AI domain, complementing its existing suite of businesses.
  • B24Chat, an AI-based customer service platform, offers an omnichannel and conversational automation management solution that helps companies streamline their customer interactions across various platforms.
  • The B24Chat platform offers companies the ability to build and operate their own branded, sales-focused websites or easy-to-use iOS & Android apps.

Jeffs’ Brands to Acquire 50.01% Interest in an AI marketing Business to Enhance Its Machine Learning Capabilities

Retrieved on: 
Jeudi, juillet 6, 2023

Tel Aviv, Israel, July 06, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a non-binding letter of intent ("LOI") to acquire a majority controlling interest of the B24Chat business, an AI marketing  platform specializing in enterprise-level omnichannel and conversational automation management. 

Key Points: 
  • The entry into the LOI and the transaction contemplated thereby aligns with Jeffs' Brands' commitment to leveraging state-of-the-art technologies for enhancing its in-house marketing and service capability and revenue growth.
  • This acquisition signifies Jeffs' Brands' strategic entry into the AI domain, complementing its existing suite of businesses.
  • The LOI underscores Jeffs' Brands' commitment to enhancing its customer experiences through technology innovation, underscoring the importance of AI in shaping the future of business communications," said Viki Hakmon, Chief Executive Officer of Jeffs' Brands.
  • "We look forward to leveraging B24Chat’s AI capabilities to enhance the Company’s customer engagement across all our brands."

Jeffs' Brands Successfully Reduced Time and Costs in Launching New Products on the Amazon Marketplace Using ChatGPT

Retrieved on: 
Lundi, mai 22, 2023

Tel Aviv, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company” or “Jeffs' Brands”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it successfully reduced time and costs associated with launching new products on the Amazon Marketplace using ChatGPT and other artificial intelligence (AI)-based tools.

Key Points: 
  • Tel Aviv, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company” or “Jeffs' Brands”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it successfully reduced time and costs associated with launching new products on the Amazon Marketplace using ChatGPT and other artificial intelligence (AI)-based tools.
  • This data-driven approach has enabled the Company to optimize efficiency, increase productivity, and enhance the overall customer experience.
  • By utilizing AI technology and integrating ChatGPT into our operations, we have achieved remarkable results in reducing time and costs associated with product launches on the Amazon Marketplace.
  • With their pioneering approach, they are setting new standards for success in the competitive Amazon Marketplace.

Jeffs’ Brands to Acquire Amazon.uk Market Leader in the $2 Billion Market of Pest Control Products for $1.9 million

Retrieved on: 
Lundi, mars 6, 2023

Tel Aviv, Israel, March 06, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a definitive agreement (the “Agreement”) to acquire the entire share capital of Fort Products Ltd., a company incorporated in England and Wales and engaged in the sale of pest control products primarily through Amazon.uk ("Fort").

Key Points: 
  • Such estimation is subject to a post-completion reconciliation by Jeffs' Brands.
  • Fort is a market leader in pest control products sold in several market niches of pest control products.
  • Fort’s products generated approximately £4.8 million ($5.8 million) in revenues for the year ended December 31, 2022 (unaudited).
  • Also according to ResearchDive , the products sub-type is anticipated to have a dominant market share and generate a revenue of approximately $2,796.8 million by 2028, growing from approximately $1,878.6 million in 2020.

SciSparc Signs a Definitive Agreement to Sell 49% interest in its Subsidiary that Owns Wellution for $2.5 million

Retrieved on: 
Jeudi, février 23, 2023

Following the closing of the transaction, which includes an equity conversion of financing amounts previously provided to the Subsidiary by SciSparc, SciSparc will hold approximately 51% of the Subsidiary.

Key Points: 
  • Following the closing of the transaction, which includes an equity conversion of financing amounts previously provided to the Subsidiary by SciSparc, SciSparc will hold approximately 51% of the Subsidiary.
  • At closing, Jeffs’ Brands and the Subsidiary will enter into a consulting agreement by which Jeffs’ Brands will provide management services for Wellution for a monthly fee of $20,000.
  • The agreement is for an undefined period of time and may be terminated by either party with 30-days’ advance notice.
  • The Chairman of the Company, Mr. Amitay Weiss, and Mr. Moshe Revach are members of the board of directors of both SciSparc and Jeffs' Brands.

SciSparc Enters Into Letter of Intent with an E-commerce Company to Establish a Joint Venture to Market and Develop a New Product Line

Retrieved on: 
Mardi, novembre 15, 2022

TEL AVIV, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC), a specialty, clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system (the “Company” or “SciSparc”), today announced it has entered into a letter of intent ("LOI") with Jeffs' Brands Ltd ("Jeffs' Brands") (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, to establish a joint venture ("JV") for the development of a new food supplements product line and its online marketing. 

Key Points: 
  • The LOI contemplates that the two companies will form a JV in which they each own 50%.
  • Upon entry into definitive documentation, SciSparc will be responsible for the development of the new product line that will be marketed by Jeffs' Brands as part of the JV.
  • Mr. Oz Adler, the Chief Executive Officer of the Company, is the Chairman of Jeffs Brands and the Chairman of the Company is a director of Jeffs Brands.
  • SciSparc Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists.