SEOUL, South Korea, Jan. 21, 2021 /PRNewswire/ -- Coway Co., Ltd., a leading environmental home appliances company, announced today that Coway's air purifier (AP-1019D) received CES® 2021 Innovation Awards from the Consumer Technology Association (CTA). Coway has been recognized for its innovative technology and design, winning the CES Innovation Award for six years in a row since its first participation in the CES in 2016.
The CES Innovation Awards program, sponsored by the Consumer Technology Association (CTA), is an annual competition honoring outstanding design and engineering in consumer technology products after a thorough review by industry experts based on innovation, engineering and functionality, aesthetic and design.
This year, Coway's air purifier (AP-1019D) received CES® 2021 Innovation Awards in the Home Appliances category. This marks the sixth consecutive year where Coway has won the CES Innovation Award with its outstanding products. Coway's product leadership has previously been recognized in the Home Appliance category with the award honorees spanning from an air purifier, water purifier, dress care system, and more.
Coway AP-1019D, the award honoree, empowers consumers to customize purifying patterns by choosing from four customized air filters – Fine dust filter, Yellow dust filter, Formaldehyde filter, and Plus deodorization filter. The feature has been developed to reflect diverse living factors and fit consumers' needs.
Coway AP-1019D boasts a sophisticated design that blends naturally into space as it adopts proportions found in furniture design and a height that best suits the consumer lifestyle. Utilizing fabric and wood-like materials, the product stands out from existing air purifiers aesthetically. The magnetic front cover also makes it an iconic interior product as it offers an opportunity for personal adornment.
"The CES Innovation Awards acknowledge the most innovative technology and we are honored to be the Honoree for six consecutive years," said Hyun Joo Song, Head of Product Innovation Center at Coway. "Coway will continue bringing meaningful experience for our consumers with our products, and strengthen the global competitiveness."
About Coway Co., Ltd.Established in Korea in 1989, Coway is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, and bidet. Since our founding, Coway has become a leader in the environmental home appliances industry with intensive research, engineering, development, and customer services. We have proven our dedication to innovation with award-winning products, home health expertise, unrivaled competitiveness in market share, exceeding customer satisfaction, and brand recognition. We keep innovating by diversifying product lines and by accelerating overseas business in Malaysia, the U.S., Thailand, and China, based on business success in Korea. For more, please visit https://www.coway.com/
SOURCE Coway Co., Ltd.
Tiffany Wood, Poshmark seller
Tiffany WoodPoshmark seller Tiffany Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering.
Poshmark reserved 330,000 shares in the IPO for super users, according to the S1 filing.
In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO.
Visit Business Insider's homepage for more stories.
Tiffany Wood, 30, has been a Poshmark seller since December, 2015, spending an average of about 30 minutes a day on the site.Thanks to Thursday's spectacular IPO, Wood and her husband are among the Poshmark users making money from the stock, too.Wood told Insider she purchased 149 shares at $42 a share, the initial share price. Poshmark opened at $96.50 Thursday, meaning her stock was up an exciting $14,378 on the first day. She didn't sell immediately and by market's close on Friday, shares were trading at $83.20. Her stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled.
Poshmark set 150 as the maximum amount of shares available to top users.
In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO.
"Poshmark is setting aside a percentage of shares in the IPO for a Directed Share Program ("DSP"). The DSP allows Poshmark to invite eligible POSH Ambassadors and certain 'friends and family' to participate in the IPO and buy Poshmark shares at the IPO price, subject to minimum and maximum share purchase amounts," according to a screenshot of the email seen by Insider.
The email also instructed participants to open a Fidelity investment account to administer the stock sell.
Poshmark defines ambassadors as users who make at least 15 sales, have at least 50 available listings in their closet, and have an average rating of at least 4.5 stars. In total, Poshmark reserved 330,000 class A shares in the IPO for these super users at the initial public offering price, according to the S1 filing. Users also have to reside in the United States, and have made at least one sale on the platform between January 1, 2020 and December 2, 2020.
About 4,000 Poshmark users were able to participate and become shareholders, according to a Bloomberg News report. A Poshmark spokesperson said she was unable to confirm that number, and could not share additional details about the program.
Read more: Poshmark's three earliest investors just made billions from its spectacular IPO. They explain how CEO Manish Chandra convinced them to invest.
Besides selling on Poshmark, Wood is also a special ed teacher in Brooklyn, New York. She told Insider that when she sells, she plans to use some of the IPO money to buy material for her classroom and items for her baby. "If there's some money left, I also really need a new laptop," she told Insider. Poshmark is not the first tech company to offer users to buy shares in the IPO. In December, Airbnb also set aside up to 3.5 million non-voting shares for hosts, making up about 7% of the total offering.
"I'm so proud that there'll be thousands of community shareholders as we become a public company," Poshmark CEO Manish Chandra told Insider.
Now read: INTERVIEW: Poshmark's CEO Manish Chandra dishes on working with Serena Williams, avoiding jail by partnering with the USPS, and splurging on Balenciaga sneakers.
(RTTNews) - Indian shares opened a tad lower on Friday, mirroring mixed global cues as investors react to climbing coronavirus infections, rising Sino-U.S. tensions and U.S. President-elect Joe Biden's $1.9 trillion Covid-19 relief plan.
The benchmark S&P BSE Sensex dropped 172 points, or 0.4 percent, to 49,412 in early trade, while the broader NSE Nifty index was down 40 points, or 0.3 percent, at 14,555.
Adani Enterprises edged up slightly on winning a Rs.1,838-crore highway project from the National Highways Authority of India (NHAI) in Kerala.
HFCL advanced 1.7 percent after it posted nearly 87 percent jump in its consolidated net profit for the December quarter.
Bharti Airtel shares rallied 3.5 percent after Morgan Stanley Capital International (MSCI) said it would announce changes to the company's weightage as part of its February review.
PVR rose over 1 percent, Hathway Cable gained 1.8 percent and Shoppers Stop added 1.9 percent ahead of their earnings results.
