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Stock impact report

Medigus: Smart Repair Pro gains Amazon’s approval for launch in Australia

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: GlobeNewswire
OMER, Israel, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq:MDGS) (TASE:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced that it was informed by Smart Repair Pro, Inc. a data-driven e-commerce company operating on the Amazon Marketplace, that all of Amazon’s required regulatory processes were completed, which allows for the opening of its store in Australia. Following Amazon’s approval, Smart Repair Pro is preparing to launch its brands for the first time in the Australian market. Smart Repair Pro has already received Amazon’s approval to launch in 5 leading countries in Europe and operates in the U.S. today. Medigus recently announced it has entered into e-commerce business by signing a definitive agreement to acquire a controlling interest in Smart Repair Pro and Purex, Inc. Pursuant to the agreement, Medigus will own 50.01% of the issued and outstanding share capital of each of the companies. The clo Show less Read more
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