Business
Hapbee Technologies Inc. Closes 2024 with Record Q4 Device Sales, Global Distribution Partnerships and Strategic Board Appointments
Fueled by a 198% surge in Q4 device sales revenue and a 200% increase in shipments, Hapbee’...
About this update from Hapbee Technologies, Inc.
[{"type":"text","content":"Hapbee Technologies Inc. Closes 2024 with Record Q4 Device Sales, Global Distribution Partnerships and Strategic Board Appointments\n\n\n\n\n\n Fueled by a 198% surge in Q4 device sales revenue and a 200% increase in shipments, Hapbee’s revitalized marketing strategy, expanded retail footprint, luxury spa partnerships, and high-profile Board additions have set the stage for accelerated growth heading into 2025.\n \n\n\n\n VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies Inc. (TSXV: HAPB | OTCQB: HAPBF), (“Hapbee” or the “Company”), the digital wellness technology company pioneering the science of bio-streaming, is pleased to announce the financial and operational results for the fiscal year ending December 31, 2024.\n \n\n In 2024, Hapbee executed a bold strategic reset anchored by two private placement rounds, a revitalized ambassador program, and three new additions to its Board of Directors which propelled a record surge in Q4 device shipments and revenues, marking a pivotal inflection point in the Company’s commercial trajectory.\n \n\n\n Device Sales & Revenue\n \n : Q4 marked a breakout period, with device sales revenue soaring 198% and unit shipments doubling quarter-over-quarter fueled by elevated customer engagement, improved product education, and growing brand visibility.\n \n\n -\n \n Ambassador-Led Marketing:\n \n A targeted ambassador engagement strategy and high-impact digital campaigns funded by private placements in Q2 and Q3 amplified Hapbee’s brand presence and ignited consumer demand across digital and social channels.\n \n\n -\n \n Retail Expansion:\n \n Hapbee products are now available in 380+ Target stores nationwide and online at Target.com, reinforcing broad consumer access and strengthening the retail distribution network.\n \n\n -\n \n Luxury Wellness Partnership:\n \n The launch of a collaboration with Jumeirah Group integrated Hapbee’s products into premier spa wellness programs, with plans underway to expand into additional Jumeirah properties globally.\n \n\n -\n \n Enhanced Sleep Solutions:\n \n Introduction of a new, entry-level Smart Sleep Membership at a more accessible price point ($10/month or $99/yr) aligned with the recently launched Smart Sleep Pad broadens the Company’s sleep-we...