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Is boxed a public company?

“We are thrilled to announce the completion of our business combination with Seven Oaks and advance to this next chapter as a public company,” said Chieh Huang, CEO of Boxed. “Today represents a significant milestone in our journey.

Is boxed still profitable?

In the years that followed, Boxed reportedly rejected a $400 million buyout offer from grocer Kroger in 2018, then later partnered with one of Asia’s largest retailers (Aeon) in 2021 for an expansion. At the time, Boxed had more than 7 million registered users and reported it was close to profitability.

Who is the new CEO of boxed?

The combined company will continue to be led by Chieh Huang alongside the rest of the current Boxed management team. Gary Matthews, Chairman and CEO of Seven Oaks, will serve as Boxed’s Chairman of the Board.

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