Company Hour Loop, Inc.

Equities

HOUR

US44170P1066

Department Stores

Delayed Nasdaq 10:30:56 2024-05-14 am EDT 5-day change 1st Jan Change
1.1 USD 0.00% Intraday chart for Hour Loop, Inc. -8.33% -20.53%

Business Summary

Hour Loop, Inc. is an online retailer engaged in e-commerce retailing in the United States market. The Company operates through online retail channels, such as Amazon, Walmart, and Hourloop.com. It is engaged in 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. Its product categories include home/garden decor, toys, kitchenware, apparel, and electronics. It has advanced software that assists it in identifying product gaps so it can keep such products in stock. It also pays Walmart fees for allowing it to sell its merchandise on their platform. It has developed software that is tailored to all its operational needs. This includes managing the order review process, shipment management, inventory management, accounting, and complete end-to-end third-party integrations.

Number of employees: 178

Sales per Business

USD in Million2022Weight2023Weight Delta
Online Retail
100.0 %
96 100.0 % 132 100.0 % +37.73%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
104.5 %
96 100.0 % 138 104.5 % +43.94%
Sales Returns
-7.0 %
-- -9 -7.0 % -
International
3.3 %
-- 4 3.3 % -
Discounts
-1.5 %
-- -2 -1.5 % -
Global
0.7 %
-- 1 0.7 % -

Managers

Managers TitleAgeSince
Founder 48 13-06-11
Chief Executive Officer 43 13-06-11

Members of the board

Members of the board TitleAgeSince
Director/Board Member 46 21-05-31
Chief Executive Officer 43 13-06-11
Founder 48 13-06-11
Director/Board Member 51 21-10-05
Director/Board Member 74 21-05-31
Director/Board Member 40 23-02-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 35,108,804 1,725,000 ( 4.913 %) 0 4.913 %

Shareholders

NameEquities%Valuation
Sam Lai
94.97 %
33,330,486 94.97 % 35 M $
Geode Capital Management LLC
0.0558 %
19,584 0.0558 % 20 759 $
15,221 0.0434 % 16 134 $
15,221 0.0434 % 16 134 $
14,180 0.0404 % 15 031 $
8,696 0.0248 % 9 218 $

Company contact information

Hour Loop, Inc.

8201 164th Avenue NE Suite 200

98052-7615, Redmond

+

http://www.hourloop.com
address Hour Loop, Inc.(HOUR)
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