Vesync Co., Ltd Reports Unaudited Sales Results for the Three Months Ended March 31, 2023
April 24, 2023 at 09:54 am EDT
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Vesync Co. Ltd. reported unaudited sales results for the three months ended March 31, 2023. For the quarter, the unaudited overall gross sales of the Group increased by approximately 24.1% as compared with the same period in 2022, with the Amazon channels increased by approximately 16.4% and the non-Amazon channels increased by approximately 79.7%.
Such growth was largely attributable to the increase of sales volume of air purifiers, air fryers and toaster ovens in the United States and European markets.
Vesync Co., Ltd is an investment holding company. The Company is engaged in the small home appliance online market. The Company is principally engaged in research and development, manufacture and sale of smart household appliances and smart home devices. It primarily designs, develops and sells small home appliances under its three core brands, namely, Levoit for home environment appliances; Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products and personal care products; and Cosori for kitchen appliances and dining ware. Its products include Etekcity Smart WiFi Fitness Scale, Cosori Smart Air Fryer, and Levoit Cordless Stick Vacuum, among others. Its VeSync App enables users to achieve centralized control of smart home devices for the home automation experience. Its products are manufactured in the Peopleâs Republic of China (the PRC) and sold to customers in the United States, Canada, the United Kingdom, France, Germany, Spain, Italy, and Japan.
VESYNC CO., LTD 
