Hims & Hers to acquire European telehealth platform in global expansion
1. Hims acquires Zava to enhance European expansion plans. 2. Acquisition will add 1.3 million customers, increasing Hims' base by 50%. 3. Zava platforms will retain branding temporarily before rebranding as Hims & Hers. 4. Dudum confident in global growth despite macroeconomic uncertainties. 5. European pharmaceutical prices are more consumer-friendly than in the U.S.