Source: Else Nutrition Holdings Inc.
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  • The company’s plant-based complete nutrition products for toddlers will be available on Walmart.com by Q4
  • Walmart’s U.S. e-commerce sales prior to the pandemic were $30 billion and are projected to hit over $64 billion by the end of 2021
  • Else Nutrition GH Ltd. is an Israel-based food and nutrition company
  • Else Nutrition Holdings Inc. (BABY) opened trading at C$2.75 per share

Else Nutrition (BABY) has signed an online distribution agreement with Walmart.com.

The company’s plant-based complete nutrition products for toddlers will be available on Walmart’s online marketplace by Q4, 2021.

“Entering Walmart.com is a highly significant milestone for the company,” said Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition.

“The sheer size of Walmart.com will allow us to reach thousands of new families and enable us to scale significantly over the next 3 years,” she added.

According to eMarketer, Walmart’s U.S. e-commerce sales prior to the pandemic were $30 billion and are projected to hit over $64 billion by the end of 2021.

Walmart.com’s traffic was much higher the past year than pre-pandemic levels. Online shopping, particularly in the grocery and FMCG segment (Fast Moving Consumer Goods), has undergone a surge in popularity due to the pandemic.

Walmart was the largest United States grocery retailer in 2019 with 65 percent of Walmart’s US$510.329 billion sales coming from U.S. operations.

Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults.

Else Nutrition Holdings Inc. (BABY) opened trading at C$2.75 per share.

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