Hapbee Technologies Inc. Closes 2024 with Record Q4 Device Sales, Global Distribution Partnerships and Strategic Board Appointments | HAPBF Stock News

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Jun 24, 2025
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  • Device sales revenue surged 198% in Q4 2024.
  • Unit shipments increased 200% quarter-over-quarter.
  • Retail expansion to 380+ Target stores nationwide.

Hapbee Technologies Inc. (OTCQB: HAPBF), a leader in digital wellness technology, concluded Q4 2024 with robust performance, marking a 198% rise in device sales revenue and a 200% boost in shipments. These figures underscore the company's strategic initiatives, including an enhanced retail presence now spanning over 380 Target stores across the United States.

The company, known for its bio-streaming wearable technology, further strengthened its market position through strategic partnerships and innovative product offerings. A notable collaboration with the Jumeirah Group integrates Hapbee’s products into esteemed spa wellness programs, with plans to broaden reach to more Jumeirah properties worldwide. Additionally, Hapbee introduced a cost-effective Smart Sleep Membership at $10 per month, catering to sleep wellness enthusiasts.

Hapbee's strategic reshaping was supported by two private placement rounds, facilitating advancements in ambassador-led marketing and digital campaigns, which significantly boosted brand presence. Moreover, the company is investing in platform development with a next-generation mobile app and website redesign anticipated for 2025, aimed at enhancing user experience and unlocking new subscription revenue streams.

Significant Board appointments further enhance Hapbee’s strategic direction, including NBA All-Star Jaylen Brown, Chief Commercial Officer Rizwan Shah, and global business leader Abdulla Al Zain. These additions are expected to provide valuable insights into product innovation and international expansion strategies. CEO Yona Shtern highlighted the successful execution of strategic shifts in Q2, which have paved the way for continued momentum into 2025.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.