Jowell Partners With Suzhou Dreamworker To Establish US Warehouse

Jowell Global Ltd JWEL, a cosmetics, health, nutritional supplements, and household products e-commerce platform in China, has established a cross-border e-commerce strategic collaboration with Suzhou Dreamworker Info-Tech Co Ltd.
The parties will work together to set up a joint venture to provide warehouse and supply chain service in the U.S.
Jowell Global noted the collaboration creates considerable competitive advantages that will help attract more international customers and additional business opportunities.
"In the future, both parties will jointly build U.S. warehousing and related services that would include storage, transshipment, fulfillment, showcasing, and after-sales services," said Zhiwei Xu, CEO and Chairman of Jowell Global.
Price Action: JWEL shares are trading lower by 0.78% at $19.65 on the last check Monday.