For more information please visit About AEON CO. Seven Oaks raised $258.75 million in its initial public offering in December 2020 and its securities are listed on Nasdaq under the tickers “SVOK,” “SVOKU” and “SVOKW.” Seven Oaks is led by an experienced team of managers, operators and investors who have played important roles in helping build and grow profitable public and private businesses to create value for stockholders. Its goal is to deliver attractive and sustainable returns to investors through an investment in a growth-oriented company that aspires to make a positive social impact with an emphasis on good Environmental, Social and Governance (“ESG”) practices. is a special purpose acquisition company formed for the purpose of entering into a business combination. For more information visit About Seven Oaks Acquisition Corp. The Company has developed a powerful, unique brand, known for doing right by its customers, employees and society. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology. This service is powered by the Company’s own purpose-built storefront, marketplace, analytics, fulfillment, advertising, and robotics technologies. The Company operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a “big-box” store membership. and its common stock and warrants are expected to list on the NYSE under the new ticker symbols “BOXD” and “BOXD WS”, respectively.īoxed is an e-commerce retailer and an e-commerce enabler. The combined company will be called Boxed, Inc. Boxed also announced its intention to list on the New York Stock Exchange (“NYSE”) upon the closing of the business combination, which is expected in the fourth quarter of 2021. Securities and Exchange Commission ("SEC") a registration statement on Form S-4 (the "Registration Statement") in connection with its proposed business combination with Boxed that would result in Boxed becoming a public company upon the closing of the transaction. (“Seven Oaks” or “SVOK”) (Nasdaq: SVOK, SVOKU, SVOKW), a publicly-traded special purpose acquisition company, announced that Seven Oaks had filed with the U.S. On July 20, 2021, Boxed and Seven Oaks Acquisition Corp. We are aggressively pursuing additional expansion in international markets and expect to make announcements before the end of the year.” “Launching our partnership within six months and on budget with AEON demonstrates the speed and efficiency with which we can deploy our proprietary systems, even in larger implementations. “We are thrilled about the opportunity to implement our software and services technology and partner with a company like AEON, one of the largest and most sophisticated retailers in the world,” said Chieh Huang, CEO of Boxed. Furthermore, we are excited for the Boxed solution to be the engine of our new marketplace platform for the tenants of our 28 malls across Malaysia, which is expected to be launched by the end of this year." myAEON2go has the potential to allow us to increase efficiency and pilot innovative ways to achieve a profitable, scalable and sustainable online business while delivering a seamless omnichannel experience to our customers. Shafie Shamsuddin, AEON’s Managing Director/Chief Executive Officer, “We are very pleased with our new Boxed platform, myAEON2go, which is transforming our e-commerce operations for the better, even in the midst of the COVID-19 pandemic. In addition, the Boxed e-commerce technology will be deployed to the tenants of all AEON’s malls to power their e-commerce operations. The solution includes an e-commerce storefront website and mobile app, as well as proprietary inventory-picking software, allowing AEON customers the flexibility to shop for AEON products however they choose, whether picked up in-store, or delivered directly to their doorstep. 09, 2021 (GLOBE NEWSWIRE) - Boxed (“Boxed” or “the Company”), an e-commerce grocery platform selling bulk consumables to households and businesses, and AEON CO (“AEON”), one of the largest retailers in Asia, today announced the launch of its end-to-end software and services platform in the Malaysian market with myAEON2go.ĪEON will use Boxed’s proprietary e-commerce technology to power myAEON2go at over 40 locations for both in-store pick-up or on-demand grocery delivery. NEW YORK and KUALA LUMPUR, Malaysia, Sept. Next Steps Include Boxed Implementations to Power AEON Mall Tenants’ E-commerce Operationsīoxed moving to Expand into Additional International Markets
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