FBC Holding Inc. (OTCMKTS:FBCD) via its wholly-owned subsidiary, Formrunner Apparel Inc. has announced that it has started selling its Premium High-End Apparel by expanding its e-Commerce presence on eBay.com.
Trading Data
On Tuesday, FBCD stock soared 25% to $0.0005 with more than 52.20 million shares, compared to a volume of 19.72 million shares. The stock moved within a range of $0.0003 – 0.0005 after opening trade at $0.0004.
FBC Holding, Inc. (FBCD) Launches Premium High-End Apparel on eBay(TM) Platform
After its successful launch on Amazon a week back, the company is excited to include sales from eBay as an additional revenue opportunity. With 185 million active buyers and nineteen million sellers worldwide, eBay is one of the world’s leading marketplace and e-commerce platforms. Not only does it have loads of loyal customers, but it also offers affiliate programs through multiple affiliate marketers.
President & CEO Lisa Nelson, comments they are thrilled to sell their Apparel on eBay. The clothing can be purchased under eBay’s “Buy it Now” option, and the entire United States is eligible for free shipping. Customers around the world now have an additional platform to buy their clothing with more to come moving forward.
She further elaborates that in the last couple of years, Formrunner Apparel Inc. has been continuously growing the company’s vertical sales channels. Retail giants Amazon and eBay, will help with expansion throughout the United States, as well as globally. Sales of the apparel market are gradually increasing, after falling to record lows during the Covid-19 pandemic. It is expected to shoot up to approximately two trillion dollars by 2026!
Key Quote
President & CEO Lisa Nelson states “We are beyond excited to offer our Apparel on eBay! Our clothing will be available with eBay’s “Buy it Now” option and will kick off the launch with free shipping to the entire United States. Customers around the world will now have an additional platform to purchase our clothing with more to come moving forward.”
Technical Data
FBCD stock is trading above the 20-Day and 50-Day Moving averages of $0.0004 and $0.0005 respectively. However, the stock is trading below the 200-Day moving average of $0.0078.
