Hour Loop Inc (HOUR)

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Hour Loop, Inc. is an online retailer engaged in e-commerce retailing in the United States market. The Company’s product categories include home/garden decor, toys, kitchenware, apparels, and electronics. Its advanced software assists it in identifying product gaps so that it can keep products in stock. Its business model is wholesale, also known as reselling, which refers to buying products in bulk directly from the brand or manufacturer at a wholesale price and making a profit by selling the product on Amazon. It sells merchandise on Amazon and the sales are fulfilled by Amazon. It pays Amazon fees for allowing it to sell on their platform. It pays Walmart fees for allowing it to sell its merchandise on their platform. It develops a software that is tailor made to all its operational needs. This includes managing order review process, shipment managements, inventory management, accounting, and complete end-to-end third-party integrations.