Btab Ecommerce Group Inc. (OTC: BBTT), a global e-commerce company, recently announced that it has inked a definitive business combination agreement (“BCA”) with Integrated Wellness Acquisition Corp. (NYSE: WEL), a special purpose acquisition company. According to the announcement, the agreement calls for a wholly owned subsidiary of WEL to merge with BBTT, which will survive the merger, becoming a wholly owned subsidiary of WEL. After the transaction is closed, WEL will be renamed Btab Ecommerce Holdings Inc., and it is anticipated that the company will continue to be listed on NYSE.
“We look forward to concluding the closing [of] the transaction as soon as feasible,” commented Btab Ecommerce Group CEO Binson Lau in the press release. “The planned business combination with WEL represents a significant milestone in our growth strategy. This move underscores our commitment to expanding our reach and providing even greater support to small businesses worldwide from our headquarters in Australia and by establishing an on-presence in key markets including the United States, United Kingdom and Asia. In doing so, we aspire to mirror the success stories of global players like Shopify. With the global e-commerce market projected by some to reach $18.81 trillion by 2029, we aim to capitalize on this growth trajectory, particularly in underserved markets where small businesses are eager to establish an online presence.”
Btab offers a range of services designed to meet the diverse needs of small business owners, from product supply and sourcing to marketing and sales platforms and even logistical support. The company’s Btab diverse platform offerings include Btab Commerce, SocialSocial.Social and specialized marketplaces such as Marketplace Australia, Aussie Markets and Chemist Deals.
To view the full press release, visit https://ibn.fm/CHzNN
About Btab Ecommerce Group, Inc.
Btab (OTC: BBTT), the next-generation e-commerce company for every family in the world, is a publicly traded company founded in 1997. It was restructured to focus on e-commerce in 2019 and aims to bring the ‘Main Street’ shopping experience to global e-commerce environments by supporting all levels of small businesses, from hobbyists and stay-at-home moms to ‘mom-and-pop shops,’ family businesses and start-ups to well-established enterprises actively competing to increase their market share. The company is built on the fundamental belief that every small business deserves the opportunity to compete in the complex modern retail landscape based on the strength of their products and the unique value they bring to customers. To support this vision, Btab has developed a vertically integrated business model with a suite of digital services and tools offered to small businesses at no cost, including online marketplaces, logistical support, social commerce, and a host of web support services. The company also manufactures products, maintains physical showrooms and controls a vast global supply chain centered in Australia and southeast Asia with a focus to expand throughout the UK and North America.
Btab recently signed a business combination agreement with Integrated Wellness to list on the New York Stock Exchange (NYSE: WEL). With the e-commerce market projected to reach $18.81 trillion by 2029, the company is actively looking to increase its market share, acquire new clients and businesses, expand its supply chains into new markets and continue to increase its digital service offerings to underserved small businesses.
NOTE TO INVESTORS: The latest news and updates relating to BBTT are available in the company’s newsroom at https://ibn.fm/BBTT
About TinyGems
TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from TinyGems, text “Gems” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.TinyGems.com
Please see full terms of use and disclaimers on the TinyGems website applicable to all content provided by TinyGems, wherever published or re-published: https://www.TinyGems.com/Disclaimer
TinyGems
Los Angeles, CA
www.TinyGems.com
310.299.1717 Office
Editor@TinyGems.com
TinyGems is powered by IBN
