- American Aires (WIFI) has opened two new international fulfillment centers in Poland and Australia
- The company opened the facilities in response to growing international demand
- It believes they will increase margin and benefit end consumers with reduced international shipping fees, taxes and tariffs
- American Aires is a nanotechnology company that develops silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation
- American Aires (WIFI) is down by 4.76 per cent trading at $0.10 per share
American Aires (WIFI) has opened two new international fulfillment centers in Poland and Australia.
Australia will begin fulfilling orders this month with Poland to follow later in the quarter.
The new facilities will benefit end consumers with reduced international shipping fees, taxes and tariffs, as well as faster delivery. Aires will also benefit from additional margin by keeping more product in Europe where it originates.
The company opened the facilities in response to growing international demand.
It experienced record growth during the 2021 holiday season resulting in a 20-per-cent YoY revenue increase between November and December. This includes a 92.73-per-cent YoY increase in traffic from countries outside of North America.
“Our mission is borderless, and the problem Aires is solving is worldwide. We have always viewed the opportunity as global, and this is just the next step in a strategy we set in motion last year,” said Josh Bruni, Chief Revenue Officer at Aires.
“We have handpicked our team, partners and built a technology stack specifically designed to unlock this global opportunity. As we execute our strategy you will see Aires continue to cultivate new markets through hyper-targeted marketing, contextual messaging, localized web experience and now a complete end-to-end customer experience,” he added.
American Aires is a nanotechnology company that develops silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation.
American Aires (WIFI) is down by 4.76 per cent trading at $0.10 per share as of 11:29 am EST.