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02-11

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Arm Holdings' Earnings: Showering Profits

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Case in point, as you can see in the graphic that follows, Arm wasn't supposed to turn around its prospects until much later in 2024. SA Premium Given that Arm has so significantly turned around its revenues, this has dramatically destroyed the bear case facing this stock, namely that its stock was ove","content":"<html><head></head><body><ul style=\"\"><li><p>Arm Holdings has demonstrated a turnaround in its business and is back to growth mode, debunking its bear case.</p></li><li><p>The company&#39;s near-term prospects are positive, with growth expected in both royalty and license revenue.</p></li><li><p>Arm&#39;s revenue growth rates have turned around, with a projected 44% y/y growth for the upcoming quarter.</p></li><li><p>There&#39;s a lot to like here.</p></li></ul><h2 id=\"id_2879109661\">Investment Thesis</h2><p><strong>Arm Holdings</strong> had a bear case against it - that the stock was too expensive. Well, Arm&#39;s impressive guidance provided with its fiscal Q3 2024 results demonstrated to all that this business has now turned around and is back to growth mode.</p><p>On the surface, I estimate Arm is priced at 69x forward free cash flows. But this is a worst-case scenario and presumes that Arm minimally benefits from strong operating leverage. Perhaps, a more realistic outlook would put this stock priced at 50x forward free cash flows, which appears to be the going price for world-class chip companies, particularly given that Arm is expecting to grow by approximately 25% to 30% CAGR in the coming year.</p><h2 id=\"id_4197282984\">Why Arm? Why Now?</h2><p>Arm&#39;s near-term prospects appear positive with growth attributed to both royalty and license revenue, with the highest-ever royalty revenue driven by factors such as increased adoption of Armv9 technology. The transition to Armv9 products, with royalty rates typically double those of Armv8, is a significant contributor to revenue growth.</p><p>Arm is gaining market share in growth markets like cloud servers and automotive, further boosting royalty revenue. The recovery in the broader semiconductor market, particularly in smartphones, also positively impacted Q3 results (more on this soon).</p><p>Additionally, Arm&#39;s licensing revenue is supported by rising demand for new technology driven by AI applications, making Arm a key player in the AI ecosystem.</p><p>However, Arm is not without its challenges. The global supply chain uncertainties could impact Arm&#39;s performance, as seen in cautious data points from the smartphone ecosystem.</p><p>The company&#39;s success is also contingent on the broader economic environment, especially in the context of rapidly evolving AI space.</p><p>Given this framework, let&#39;s now discuss its financials.</p><h2 id=\"id_783736573\">Revenue Growth Rates Have Turned Around</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1b4653389e8acfbb62d65da79fbdd00\" tg-width=\"640\" tg-height=\"224\"/></p><p>ARM revenue growth rates</p><p>Arm&#39;s royal revenues turned around and this helped the company deliver 14% y/y CAGR on the topline for its fiscal Q3 2024 results.</p><p>But what investors craved to know and have been pleasantly reassured by is whether this was likely to be true for Arm?</p><p>And given that its guidance for the quarter ahead points to approximately 44% y/y revenue growth rates, I believe the answer is markedly affirmative.</p><p>Case in point, as you can see in the graphic that follows, Arm wasn&#39;t supposed to turn around its prospects until much later in 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70a9780768386821c6de0ec7f045942b\" tg-width=\"640\" tg-height=\"301\"/></p><p>SA Premium</p><p>Given that Arm has so significantly turned around its revenues, this has dramatically destroyed the bear case facing this stock, namely that its stock was overpriced.</p><h2 id=\"id_488853395\">ARM Stock Valuation -- 69x Forward Free Cash Flow</h2><p>As it stands right now, Arm is on an annualized EPS figure of $1.30, which equates to approximately $1.05 billion of free cash flow. But at the pace that Arm is growing its revenues, it&#39;s possible that in the coming year, its free cash flow would be approximately $1.5 billion.</p><p>Consequently, including the 30% premarket jump, I believe that Arm is priced at 69x forward free cash flows.</p><p>Is this cheap? No! I don&#39;t believe any serious and rational investors would contend that Arm is cheaply priced. But at the same time, I don&#39;t know many businesses with the scale or distinctive competitive advantage in the semiconductor industry as Arm.</p><p>More specifically, Arm has an extremely high-margin business, with minimal need for capex. Therefore, to grow, Arm does so without having to reinvest massive sums back into the business.</p><p>One of Arm Holdings&#39; notable peers in the semiconductor industry is Intel (INTC) which, while operating in a similar space, employs a different business model and focuses on manufacturing its own chips, and doesn&#39;t license its technology.</p><h2 id=\"id_302300739\">The Bottom Line</h2><p>In wrapping up, I believe Arm Holdings has effectively debunked its bear case through its impressive guidance.</p><p>The turnaround in revenue growth rates, particularly the noteworthy 44% y/y projection for the upcoming quarter, showcases the company&#39;s resurgence and alleviates concerns about its prior overvaluation.</p><p>Although the current valuation is positioned at 69x forward free cash flows, adopting a more pragmatic perspective suggests a more reasonable 50x forward free cash flows. This valuation aligns with industry standards for top-tier chip companies. Despite the seemingly high valuation, Arm&#39;s distinctive standing in the semiconductor industry, characterized by substantial free cash flow margins, distinguishes it. As I project a 25% to 30% compound annual growth rate in the upcoming year and its continued success in the AI ecosystem, I find Arm to be a compelling investment option.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arm Holdings' Earnings: Showering Profits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArm Holdings' Earnings: Showering Profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-10 15:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4668593-arm-holdings-earnings-showering-profits><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Arm Holdings has demonstrated a turnaround in its business and is back to growth mode, debunking its bear case.The company's near-term prospects are positive, with growth expected in both royalty and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4668593-arm-holdings-earnings-showering-profits\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4535":"淡马锡持仓","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4529":"IDC概念","BK4579":"人工智能","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4512":"苹果概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4588":"碎股","BK4575":"芯片概念","BK4515":"5G概念","BK4141":"半导体产品","ARM":"ARM Holdings Ltd"},"source_url":"https://seekingalpha.com/article/4668593-arm-holdings-earnings-showering-profits","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2410741773","content_text":"Arm Holdings has demonstrated a turnaround in its business and is back to growth mode, debunking its bear case.The company's near-term prospects are positive, with growth expected in both royalty and license revenue.Arm's revenue growth rates have turned around, with a projected 44% y/y growth for the upcoming quarter.There's a lot to like here.Investment ThesisArm Holdings had a bear case against it - that the stock was too expensive. Well, Arm's impressive guidance provided with its fiscal Q3 2024 results demonstrated to all that this business has now turned around and is back to growth mode.On the surface, I estimate Arm is priced at 69x forward free cash flows. But this is a worst-case scenario and presumes that Arm minimally benefits from strong operating leverage. Perhaps, a more realistic outlook would put this stock priced at 50x forward free cash flows, which appears to be the going price for world-class chip companies, particularly given that Arm is expecting to grow by approximately 25% to 30% CAGR in the coming year.Why Arm? Why Now?Arm's near-term prospects appear positive with growth attributed to both royalty and license revenue, with the highest-ever royalty revenue driven by factors such as increased adoption of Armv9 technology. The transition to Armv9 products, with royalty rates typically double those of Armv8, is a significant contributor to revenue growth.Arm is gaining market share in growth markets like cloud servers and automotive, further boosting royalty revenue. The recovery in the broader semiconductor market, particularly in smartphones, also positively impacted Q3 results (more on this soon).Additionally, Arm's licensing revenue is supported by rising demand for new technology driven by AI applications, making Arm a key player in the AI ecosystem.However, Arm is not without its challenges. The global supply chain uncertainties could impact Arm's performance, as seen in cautious data points from the smartphone ecosystem.The company's success is also contingent on the broader economic environment, especially in the context of rapidly evolving AI space.Given this framework, let's now discuss its financials.Revenue Growth Rates Have Turned AroundARM revenue growth ratesArm's royal revenues turned around and this helped the company deliver 14% y/y CAGR on the topline for its fiscal Q3 2024 results.But what investors craved to know and have been pleasantly reassured by is whether this was likely to be true for Arm?And given that its guidance for the quarter ahead points to approximately 44% y/y revenue growth rates, I believe the answer is markedly affirmative.Case in point, as you can see in the graphic that follows, Arm wasn't supposed to turn around its prospects until much later in 2024.SA PremiumGiven that Arm has so significantly turned around its revenues, this has dramatically destroyed the bear case facing this stock, namely that its stock was overpriced.ARM Stock Valuation -- 69x Forward Free Cash FlowAs it stands right now, Arm is on an annualized EPS figure of $1.30, which equates to approximately $1.05 billion of free cash flow. But at the pace that Arm is growing its revenues, it's possible that in the coming year, its free cash flow would be approximately $1.5 billion.Consequently, including the 30% premarket jump, I believe that Arm is priced at 69x forward free cash flows.Is this cheap? No! I don't believe any serious and rational investors would contend that Arm is cheaply priced. But at the same time, I don't know many businesses with the scale or distinctive competitive advantage in the semiconductor industry as Arm.More specifically, Arm has an extremely high-margin business, with minimal need for capex. Therefore, to grow, Arm does so without having to reinvest massive sums back into the business.One of Arm Holdings' notable peers in the semiconductor industry is Intel (INTC) which, while operating in a similar space, employs a different business model and focuses on manufacturing its own chips, and doesn't license its technology.The Bottom LineIn wrapping up, I believe Arm Holdings has effectively debunked its bear case through its impressive guidance.The turnaround in revenue growth rates, particularly the noteworthy 44% y/y projection for the upcoming quarter, showcases the company's resurgence and alleviates concerns about its prior overvaluation.Although the current valuation is positioned at 69x forward free cash flows, adopting a more pragmatic perspective suggests a more reasonable 50x forward free cash flows. This valuation aligns with industry standards for top-tier chip companies. Despite the seemingly high valuation, Arm's distinctive standing in the semiconductor industry, characterized by substantial free cash flow margins, distinguishes it. As I project a 25% to 30% compound annual growth rate in the upcoming year and its continued success in the AI ecosystem, I find Arm to be a compelling investment option.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272819514585368,"gmtCreate":1707644122308,"gmtModify":1707644125172,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272819514585368","repostId":"272557331341392","repostType":1,"repost":{"id":272557331341392,"gmtCreate":1707580195798,"gmtModify":1707613190299,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Invest with Tiger Brokers and get NZ$50 cash bonus! *","htmlText":"Find out more here:<a href=\"https://tigr.link/6mFjpG\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. 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T&Cs apply.","images":[{"img":"https://static.tigerbbs.com/2ab3ebee9912c2f1132ab67e0da1c529"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272557331341392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272819497922808,"gmtCreate":1707644116848,"gmtModify":1707644118451,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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You do budget allocatio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272635642790176","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818522304648,"gmtCreate":1707644024423,"gmtModify":1707644027533,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818522304648","repostId":"272644112912624","repostType":1,"repost":{"id":272644112912624,"gmtCreate":1707601475059,"gmtModify":1707877255728,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Invest with Tiger Brokers and get NZ$50 cash bonus! *","htmlText":"Find out more here:<a href=\"https://tigr.link/6mVp05\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","listText":"Find out more here:<a href=\"https://tigr.link/6mVp05\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","text":"Find out more here:Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.","images":[{"img":"https://static.tigerbbs.com/2ab3ebee9912c2f1132ab67e0da1c529"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272644112912624","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272819089559832,"gmtCreate":1707644018543,"gmtModify":1707644021639,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272819089559832","repostId":"272649440321728","repostType":1,"repost":{"id":272649440321728,"gmtCreate":1707602746633,"gmtModify":1707602749450,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;[Sly]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;[Sly]&nbsp;&nbsp;","text":"$Apple(AAPL)$ [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272649440321728","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818508152896,"gmtCreate":1707644012226,"gmtModify":1707644015307,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818508152896","repostId":"272649792671960","repostType":1,"repost":{"id":272649792671960,"gmtCreate":1707602841022,"gmtModify":1707877255547,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Rise to the challenge with me!","htmlText":"Find out more here:<a href=\"https://tigr.link/6mVqSw?utm_campaign=20230905174312&amp;utm_medium=tiger_community&amp;shareID=aaa35726a99eee54b4fc6886397ab803&amp;invite=9X4YEF&amp;lang=en_NZ&amp;platform=android&amp;utm_source=invite\">Rise to the challenge with me!</a> Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","listText":"Find out more here:<a href=\"https://tigr.link/6mVqSw?utm_campaign=20230905174312&amp;utm_medium=tiger_community&amp;shareID=aaa35726a99eee54b4fc6886397ab803&amp;invite=9X4YEF&amp;lang=en_NZ&amp;platform=android&amp;utm_source=invite\">Rise to the challenge with me!</a> Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","text":"Find out more here:Rise to the challenge with me! Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","images":[{"img":"https://static.tigerbbs.com/cf4f22bc22a94782b0c8d822927d2b0f"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272649792671960","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818444693640,"gmtCreate":1707644005475,"gmtModify":1707644008624,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818444693640","repostId":"272662816010488","repostType":1,"repost":{"id":272662816010488,"gmtCreate":1707605864428,"gmtModify":1707605867792,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>&nbsp;","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/e815479b5b7b4003aa65efaa7a9efc6f","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272662816010488","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818670817360,"gmtCreate":1707643999382,"gmtModify":1707644001567,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"//<a href=\"https://ttm.financial/U/4170676655031592\">@Nemz685</a>: <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","listText":"//<a href=\"https://ttm.financial/U/4170676655031592\">@Nemz685</a>: <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","text":"//@Nemz685: $Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818670817360","repostId":"2409406523","repostType":2,"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":272819514585368,"gmtCreate":1707644122308,"gmtModify":1707644125172,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272819514585368","repostId":"272557331341392","repostType":1,"repost":{"id":272557331341392,"gmtCreate":1707580195798,"gmtModify":1707613190299,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Invest with Tiger Brokers and get NZ$50 cash bonus! *","htmlText":"Find out more here:<a href=\"https://tigr.link/6mFjpG\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","listText":"Find out more here:<a href=\"https://tigr.link/6mFjpG\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","text":"Find out more here:Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.","images":[{"img":"https://static.tigerbbs.com/2ab3ebee9912c2f1132ab67e0da1c529"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272557331341392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272819497922808,"gmtCreate":1707644116848,"gmtModify":1707644118451,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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Join us now!","images":[{"img":"https://static.tigerbbs.com/cf4f22bc22a94782b0c8d822927d2b0f"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272649792671960","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818444693640,"gmtCreate":1707644005475,"gmtModify":1707644008624,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818444693640","repostId":"272662816010488","repostType":1,"repost":{"id":272662816010488,"gmtCreate":1707605864428,"gmtModify":1707605867792,"author":{"id":"4170676655031592","authorId":"4170676655031592","name":"Nemz5022","avatar":"https://community-static.tradeup.com/news/be6e96acf264407a1add91aaafe92ce3","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>&nbsp;","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/e815479b5b7b4003aa65efaa7a9efc6f","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272662816010488","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272818670817360,"gmtCreate":1707643999382,"gmtModify":1707644001567,"author":{"id":"4170700331038942","authorId":"4170700331038942","name":"Lia91","avatar":"https://community-static.tradeup.com/news/077e7aa9ee905ab3bdb6a709431f7f3b","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"//<a href=\"https://ttm.financial/U/4170676655031592\">@Nemz685</a>: <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","listText":"//<a href=\"https://ttm.financial/U/4170676655031592\">@Nemz685</a>: <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","text":"//@Nemz685: $Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272818670817360","repostId":"2409406523","repostType":2,"repost":{"id":"2409406523","pubTimestamp":1707228300,"share":"https://www.laohu8.com/m/news/2409406523?lang=&edition=full","pubTime":"2024-02-06 22:05","market":"us","language":"en","title":"Cutting-Edge Wine Brands Deploy DRINKS App for Shopify to Optimize E-commerce Sales & Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2409406523","media":"StreetInsider","summary":"Nomadica – a collection of sommelier-curated canned wines – and Sunny with a Chance of Flowers – a popular zero-sugar, low-alcohol wine – are among the latest to use DRINKS' tax and compliance technology to power their alcohol e-commerce. LOS ANGELES, Feb. 6, 2024 /PRNewswire/ -- DRINKS, the pioneering and leading operating system for alcohol e-commerce, today announced that Nomadica and Sunny with a Chance of Flowers are among the latest wine brands to tap its DRINKS App for Shopify, enabling them to expand their direct to consumer  sales footprint and capabilities.Already platformed atop Shopify's rich commerce ecosystem, the two brands' use of the DRINKS App for Shopify gives them powerful, proven tools to manage complex DTC rules and provides access to DRINKS' best in class regulatory technology to automatically calculate and keep up with ever-changing alcohol tax and compliance laws. Utilizing the DRINKS App frees up time, money and other resources to devote to other aspects of th","content":"<html><body><div>\n<div>\n<p><i>Nomadica – a collection of sommelier-curated canned wines – and Sunny with a Chance of Flowers – a popular zero-sugar, low-alcohol wine – are among the latest to use DRINKS' tax and compliance technology to power their alcohol e-commerce</i></p>\n<p><span><location idsrc=\"xmltag.org\" value=\"LU/us.ca.losang\">LOS ANGELES</location></span>, <span><chron>Feb. 6, 2024</chron></span> /PRNewswire/ -- DRINKS, the pioneering and leading operating system for alcohol e-commerce, today announced that Nomadica and Sunny with a Chance of Flowers are among the latest wine brands to tap its DRINKS App for Shopify, enabling them to expand their direct to consumer (DTC) sales footprint and capabilities.</p>\n<div>\n<p>\n<img src=\"https://mma.prnewswire.com/media/2094838/DRINKS_Logo.jpg\" title=\"DRINKS Logo (PRNewsfoto/DRINKS)\"/>\n</p>\n</div>\n<p>Nomadica, founded by sommelier Kristin Olszewski, is a finely curated selection of canned wines that are all sustainably farmed, low intervention, made with minimal sulfur, dry (no sugar) and vegan. Sunny with a Chance of Flowers is known for its high-quality, zero-sugar, low-alcohol, low-calorie wines that are also certified sustainable.</p>\n<p>Already platformed atop Shopify's rich commerce ecosystem, the two brands' use of the DRINKS App for Shopify gives them powerful, proven tools to manage complex DTC rules and provides access to DRINKS' best in class regulatory technology to automatically calculate and keep up with ever-changing alcohol tax and compliance laws. Utilizing the DRINKS App frees up time, money and other resources to devote to other aspects of their businesses.</p>\n<p>To assist in the transition, Nomadica and Sunny with a Chance of Flowers worked with Electriq, DRINKS' in-house, Shopify-expert marketing agency, to handle app configuration, testing and creation of a custom age/state model. Additionally, for Sunny with a Chance of Flowers, Electriq created, tested, and installed a staging store and configured the DRINKS staging app on it. DRINKS managed the transition from Sunny with a Chance of Flowers' previous platform and hardcoded a new, prominent rating points icon that appears alongside every product description.</p>\n<p>\"The next generation of wine is here, and it's now tapping the next generation of technology to power and scale its e-commerce,\" said <person>Zac Brandenberg</person>, DRINKS Co-Founder and CEO. \"Nomadica and Sunny with a Chance of Flowers are visionary wine brands that are meeting modern wine drinkers where they want to be. Their adoption of the DRINKS App for Shopify gives them best-in-class technology to do that more efficiently.\"</p><div><div><div></div></div></div>\n<p>\"When we launched Nomadica, I was on a mission to bring younger drinkers back to the wine category – and that can only happen if they can easily find and purchase us online,\" said Olszewski. \"As we look to grow our DTC sales, we knew we needed become more innately scalable, starting with the right foundation. We found that in the DRINKS App for Shopify, which makes managing the tax and regulatory aspects of the business markedly easier, enabling us to focus more sharply on customer experience and other areas that are critical to our growth.\"</p>\n<p>\"The DRINKS App has empowered us with a regulatory solution that is seamlessly integrated into our e-commerce operations,\" said <person>Tracey Prever</person>, Sr. E-Commerce and Digital Marketing Manager of Sunny with a Chance of Flowers, owned by Scheid Family Wines, the acclaimed <location>CA Central Coast</location> producer. \"It has minimized the time we used to spend calculating tax and managing revenue transfers so we can do what we do best: offer our fans delicious wines with an easier-than-ever online shopping experience, readily shipped to their doorsteps.\"</p>\n<p>Along with Sunny with a Chance of Flowers, other brands owned by Scheid Family Wines using DRINKS technology include VDR (Very Dark Red), Grandeur, HOXIE Dry Wine Spritzers, and <location>Metz Road</location>.</p>\n<p>To learn more about the DRINKS App for Shopify, visit www.DRINKS.com.</p>\n<p><b>About DRINKS</b>DRINKS (drinks.com) powers digital commerce for the <money>$250 billion</money> US alcohol market. The company enables alcohol e-commerce for leading retailers, online marketplaces, and alcohol companies, eliminating a century of red tape with simple-to-use enterprise-grade technology. Via the DRINKS App for Shopify, DRINKS exclusively provides Shopify merchants of all sizes with an embedded, real-time alcohol tax and regulatory solution. The patented DRINKS PAIR platform leverages AI, Machine Learning, and Computer Vision to provide personalized shopping experiences and data-driven insights. Electriq, DRINKS' Shopify Plus Certified professional services team, extends the company's unparalleled beverage alcohol and e-commerce experience to create best-in-class customer journeys. DRINKS was named a <location>Top Place</location> to Work by Built In LA for six years, one of America's Best Startup Employers by Forbes for two consecutive years, and earned the 2023 Brand <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Award for Marketplace Strategies &amp; Technologies by Retail TouchPoints.</p>\n<p><img height=\"12\" src=\"https://c212.net/c/img/favicon.png?sn=NE28894&amp;sd=2024-02-06\" title=\"Cision\" width=\"12\"/> View original content to download multimedia:https://www.prnewswire.com/news-releases/cutting-edge-wine-brands-deploy-drinks-app-for-shopify-to-optimize-e-commerce-sales--operations-302053799.html</p>\n<p>SOURCE DRINKS</p>\n</div> </div></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cutting-Edge Wine Brands Deploy DRINKS App for Shopify to Optimize E-commerce Sales & Operations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCutting-Edge Wine Brands Deploy DRINKS App for Shopify to Optimize E-commerce Sales & Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22726248><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nomadica – a collection of sommelier-curated canned wines – and Sunny with a Chance of Flowers – a popular zero-sugar, low-alcohol wine – are among the latest to use DRINKS' tax and compliance ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22726248\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22726248","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409406523","content_text":"Nomadica – a collection of sommelier-curated canned wines – and Sunny with a Chance of Flowers – a popular zero-sugar, low-alcohol wine – are among the latest to use DRINKS' tax and compliance technology to power their alcohol e-commerce\nLOS ANGELES, Feb. 6, 2024 /PRNewswire/ -- DRINKS, the pioneering and leading operating system for alcohol e-commerce, today announced that Nomadica and Sunny with a Chance of Flowers are among the latest wine brands to tap its DRINKS App for Shopify, enabling them to expand their direct to consumer (DTC) sales footprint and capabilities.\n\n\n\n\n\nNomadica, founded by sommelier Kristin Olszewski, is a finely curated selection of canned wines that are all sustainably farmed, low intervention, made with minimal sulfur, dry (no sugar) and vegan. Sunny with a Chance of Flowers is known for its high-quality, zero-sugar, low-alcohol, low-calorie wines that are also certified sustainable.\nAlready platformed atop Shopify's rich commerce ecosystem, the two brands' use of the DRINKS App for Shopify gives them powerful, proven tools to manage complex DTC rules and provides access to DRINKS' best in class regulatory technology to automatically calculate and keep up with ever-changing alcohol tax and compliance laws. Utilizing the DRINKS App frees up time, money and other resources to devote to other aspects of their businesses.\nTo assist in the transition, Nomadica and Sunny with a Chance of Flowers worked with Electriq, DRINKS' in-house, Shopify-expert marketing agency, to handle app configuration, testing and creation of a custom age/state model. Additionally, for Sunny with a Chance of Flowers, Electriq created, tested, and installed a staging store and configured the DRINKS staging app on it. DRINKS managed the transition from Sunny with a Chance of Flowers' previous platform and hardcoded a new, prominent rating points icon that appears alongside every product description.\n\"The next generation of wine is here, and it's now tapping the next generation of technology to power and scale its e-commerce,\" said Zac Brandenberg, DRINKS Co-Founder and CEO. \"Nomadica and Sunny with a Chance of Flowers are visionary wine brands that are meeting modern wine drinkers where they want to be. Their adoption of the DRINKS App for Shopify gives them best-in-class technology to do that more efficiently.\"\n\"When we launched Nomadica, I was on a mission to bring younger drinkers back to the wine category – and that can only happen if they can easily find and purchase us online,\" said Olszewski. \"As we look to grow our DTC sales, we knew we needed become more innately scalable, starting with the right foundation. We found that in the DRINKS App for Shopify, which makes managing the tax and regulatory aspects of the business markedly easier, enabling us to focus more sharply on customer experience and other areas that are critical to our growth.\"\n\"The DRINKS App has empowered us with a regulatory solution that is seamlessly integrated into our e-commerce operations,\" said Tracey Prever, Sr. E-Commerce and Digital Marketing Manager of Sunny with a Chance of Flowers, owned by Scheid Family Wines, the acclaimed CA Central Coast producer. \"It has minimized the time we used to spend calculating tax and managing revenue transfers so we can do what we do best: offer our fans delicious wines with an easier-than-ever online shopping experience, readily shipped to their doorsteps.\"\nAlong with Sunny with a Chance of Flowers, other brands owned by Scheid Family Wines using DRINKS technology include VDR (Very Dark Red), Grandeur, HOXIE Dry Wine Spritzers, and Metz Road.\nTo learn more about the DRINKS App for Shopify, visit www.DRINKS.com.\nAbout DRINKSDRINKS (drinks.com) powers digital commerce for the $250 billion US alcohol market. The company enables alcohol e-commerce for leading retailers, online marketplaces, and alcohol companies, eliminating a century of red tape with simple-to-use enterprise-grade technology. Via the DRINKS App for Shopify, DRINKS exclusively provides Shopify merchants of all sizes with an embedded, real-time alcohol tax and regulatory solution. The patented DRINKS PAIR platform leverages AI, Machine Learning, and Computer Vision to provide personalized shopping experiences and data-driven insights. Electriq, DRINKS' Shopify Plus Certified professional services team, extends the company's unparalleled beverage alcohol and e-commerce experience to create best-in-class customer journeys. DRINKS was named a Top Place to Work by Built In LA for six years, one of America's Best Startup Employers by Forbes for two consecutive years, and earned the 2023 Brand Experience Award for Marketplace Strategies & Technologies by Retail TouchPoints.\n View original content to download multimedia:https://www.prnewswire.com/news-releases/cutting-edge-wine-brands-deploy-drinks-app-for-shopify-to-optimize-e-commerce-sales--operations-302053799.html\nSOURCE DRINKS","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}