MWK) Expands E-Commerce Portfolio with Launch into Important Oils Class


The Mohawk Group (NASDAQ: MWK) is entering a new product category with the recent acquisition of Healing Solutions LLC, a leading online essential oil seller. Mohawk, a fast-growing technology-based consumer goods company, is looking for the “leading platform for e-commerce consumer brands,” read an article about the developments. “MWK paid approximately $ 15.3 million in cash in addition to issuing approximately 1.4 million common shares of Mohawk. Healing Solutions is the latest in a series of acquisitions made by Yaniv Sarig, Co-Founder and CEO of Mohawk Group Holdings Inc., advancing the company’s mission to build the leading e-commerce platform for consumer brands. ‘We are very excited to enter the essential oils category, which further diversifies our e-commerce brand portfolio. Consumables with recurring purchases and subscription income that complement our hard goods brand were on our radar, ”said Yaniv in a press release announcing the acquisition.

The full article can be found at

About Mohawk Group Holdings Inc.

The Mohawk Group is a rapidly growing technology-based consumer products company that uses machine learning, natural language processing, and data analysis to design, develop, market, and sell products. Mohawk operates predominantly through online retail channels such as Amazon and Walmart. Mohawk has 12 brands of its own and sells products in a variety of categories including home and kitchen appliances, kitchen appliances, environmental appliances (i.e. dehumidifiers and air conditioners), beauty products and, to a lesser extent, consumer electronics. Mohawk was founded on the premise that a company selling consumer products today would employ artificial intelligence and machine learning, the synthesis of massive amounts of data, and the use of social evidence to validate high-profile product offerings, over-reliance on brand equity and other traditional marketing tactics. More information about the company can be found at

NOTE TO INVESTORS: For the latest news and updates on MWK, visit the company’s newsroom at

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