{"id":387832,"date":"2020-11-24T10:26:25","date_gmt":"2020-11-24T15:26:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387832"},"modified":"2020-11-24T10:26:25","modified_gmt":"2020-11-24T15:26:25","slug":"mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/","title":{"rendered":"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500"},"content":{"rendered":"<h2>\nMohawk\u2019s E-Commerce Platform (AIMEE) Drives 531% Revenue Growth<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  24, 2020  (GLOBE NEWSWIRE) &#8212; Mohawk Group Holdings, Inc. (NASDAQ: MWK) (\u201cMohawk\u201d) the tech-enabled, ecommerce consumer products company, today announced it ranked 226<sup>th <\/sup>on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest growing \u2014 public and private \u2014 technology, media, telecommunications, life sciences and energy tech companies in North America.<\/p>\n<p align=\"justify\">The ranking is now in its 26th year and award winners for 2020 are selected based on percentage fiscal year revenue growth during the period from 2016 to 2020. During this period, Mohawk\u2019s revenue grew 531%.<\/p>\n<p align=\"justify\">Mohawk\u2019s Chief Executive Officer, Yaniv Sarig, commented, \u201cThis is the second year in a row that the Mohawk team has been honored with a ranking in Deloitte\u2019s Technology Fast 500. In these challenging times, our 531% revenue growth has been a testament to the strength of our AIMEE platform and the agility of our supply chain.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Deloitte\u2019s 2020Technology Fast 500\u2122<\/strong><br \/>\n        <br \/>Now in its 26th year, Deloitte\u2019s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies \u2014 both public and private \u2014 in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2020. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company&#8217;s operating revenues. Companies must have base-year operating revenues of at least $50,000, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.<\/p>\n<p align=\"justify\">\n        <strong>About Deloitte<\/strong><br \/>\n        <br \/>Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (\u201cDTTL\u201d), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as \u201cDeloitte Global\u201d) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the \u201cDeloitte\u201d name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com\/about to learn more about our global network of member firms.<\/p>\n<p align=\"justify\">\n        <strong>About Mohawk Group Holdings, Inc.<\/strong><br \/>\n        <br \/>Mohawk Group Holdings, Inc., together with its subsidiaries (\u201cMohawk\u201d), is a rapidly growing technology-enabled consumer products company that uses machine learning, natural language processing, and data analytics to design, develop, market and sell products. Mohawk predominantly operates through online retail channels such as Amazon, and Walmart. Mohawk has seven owned and operated brands: hOme, Vremi, Xtava, Truweo, Holonix, Aussie Health and RIF6. Mohawk sells products in multiple categories, including home and kitchen appliances, kitchenware, environmental appliances (i.e., dehumidifiers and air conditioners), beauty-related products and, to a lesser extent, consumer electronics. Mohawk was founded on the premise that if a company selling consumer packaged goods was founded today, it would apply artificial intelligence and machine learning, the synthesis of massive quantities of data and the use of social proof to validate high caliber product offerings as opposed to over-reliance on brand value and other traditional marketing tactics.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTY0MiMzODQyMzkxIzIxODM1MzM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/62fc6c2c-6d9b-4c85-87df-6807086030a3\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Investor Contact:\r\nIlya Grozovsky, Mohawk Group\r\nilya@mohawkgp.com\r\n917-905-1699<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mohawk\u2019s E-Commerce Platform (AIMEE) Drives 531% Revenue Growth NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) &#8212; Mohawk Group Holdings, Inc. (NASDAQ: MWK) (\u201cMohawk\u201d) the tech-enabled, ecommerce consumer products company, today announced it ranked 226th on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest growing \u2014 public and private \u2014 technology, media, telecommunications, life sciences and energy tech companies in North America. The ranking is now in its 26th year and award winners for 2020 are selected based on percentage fiscal year revenue growth during the period from 2016 to 2020. During this period, Mohawk\u2019s revenue grew 531%. Mohawk\u2019s Chief Executive Officer, Yaniv Sarig, commented, \u201cThis is the second year in a row that the Mohawk team has &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387832","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Mohawk\u2019s E-Commerce Platform (AIMEE) Drives 531% Revenue Growth NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) &#8212; Mohawk Group Holdings, Inc. (NASDAQ: MWK) (\u201cMohawk\u201d) the tech-enabled, ecommerce consumer products company, today announced it ranked 226th on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest growing \u2014 public and private \u2014 technology, media, telecommunications, life sciences and energy tech companies in North America. The ranking is now in its 26th year and award winners for 2020 are selected based on percentage fiscal year revenue growth during the period from 2016 to 2020. During this period, Mohawk\u2019s revenue grew 531%. Mohawk\u2019s Chief Executive Officer, Yaniv Sarig, commented, \u201cThis is the second year in a row that the Mohawk team has &hellip; Continue reading &quot;Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T15:26:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTY0MiMzODQyMzkxIzIxODM1MzM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\",\"datePublished\":\"2020-11-24T15:26:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/\"},\"wordCount\":558,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5MTY0MiMzODQyMzkxIzIxODM1MzM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\\\/\",\"name\":\"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500 - 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(NASDAQ: MWK) (\u201cMohawk\u201d) the tech-enabled, ecommerce consumer products company, today announced it ranked 226th on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest growing \u2014 public and private \u2014 technology, media, telecommunications, life sciences and energy tech companies in North America. The ranking is now in its 26th year and award winners for 2020 are selected based on percentage fiscal year revenue growth during the period from 2016 to 2020. During this period, Mohawk\u2019s revenue grew 531%. Mohawk\u2019s Chief Executive Officer, Yaniv Sarig, commented, \u201cThis is the second year in a row that the Mohawk team has &hellip; Continue reading \"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-24T15:26:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTY0MiMzODQyMzkxIzIxODM1MzM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500","datePublished":"2020-11-24T15:26:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/"},"wordCount":558,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MTY0MiMzODQyMzkxIzIxODM1MzM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-group-ranked-226th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/","name":"Mohawk Group Ranked 226th Fastest Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500 - 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