ECMOHO Limited (MOHO) shares were falling -6.08% to trade at $0.1868 in pre-market at last check. MOHO’s stock lost -2.79% to close Friday’s session at $0.1989. The stock volume remained 0.83 million shares, which was higher than the average daily volume of 0.4 million shares within the past 50 days.
ECMOHO Limited shares have fallen by -91.43% over the last 12 months, and they have moved down by -22.30% in the past week. Over the past three months, the stock has lost -62.11%, while over the past six months, it has shed -69.36%. Further, the company has a current market of $9.50 million and its outstanding shares stood at 42.20 million. MOHO stock is falling even after its digital marketing efforts.
What endeavors does MOHO has been making?
ECMOHO Limited (MOHO) is an incorporated arrangements supplier in the wellbeing and health market in China. MOHO organizes and sells the best worldwide brands and quality items to Chinese wellbeing cognizant purchasers. Its innovation, organization, and ability in promoting and appropriation enable the organization to associate families with cutting edge wellbeing enhancements, sustenance and food things, individual consideration items, family medical services hardware, and other health items.
Through more than a decade of activity, MOHO has laid out an environment of confided in items and connections to give tweaked arrangements which advance wellbeing recovery, confer remedial advantages, and increment life span to our gave shoppers to support wellbeing.
ECMOHO Limited (MOHO) reported that it will increment advanced advertising endeavors to accomplish constant positive showcasing results and benefits.
MOHO has cooperated with B2C and B2B organizations across businesses and areas to construct brands, develop a portion of the overall industry and increment devotion and client esteem with the right advanced capacities. MOHO has completely partaken in Douyin to acquire consideration of a more youthful crowd.
Through brief video and live communicating, MOHO is profiting from their solid fan base for dispersing wellbeing data and science, helping homegrown and unfamiliar wellbeing brands acquire acknowledgment among youthful purchaser gatherings, and consistently further developing its client change rate.
Ongoing Developments
As of late, ECMOHO Limited (MOHO) went into a participation concurrence with Vitamin World, as per which MOHO will be liable for the advertising and deals of Vitamin World items on China’s top online business sites, JD stage and Tmall. ECMOHO will cook the wellbeing needs of shoppers in China by giving Vitamin World’s top-notch nutrients, wholesome enhancements, and spices at an extraordinary worth.