NextPlat (NXPL)announced a significant expansion of its exclusive e-commerce distribution agreement with OPKO Health (OPK) for the online sales of its OPKO Health Europe products in China including securing a new four-year extension and approval to exclusively market its products in Japan. Under terms of the original exclusive e-commerce development program with OPKO, NextPlat launched a OPKO Health branded online storefront on Alibaba Group Holding Limited’s (BABA) Tmall Global e-commerce platform in China featuring an assortment of nutraceutical and veterinary products sold and distributed by OPKO Europe. The original one-year exclusive contract has been extended for four years and expanded to include additional e-commerce platforms and digital and social media marketing across China. Additionally, the e-commerce development program was expanded to include the exclusive rights for the sales and marketing of OPKO products to potentially millions of consumers in Japan. According to Statista, Japan was the third largest e-commerce market with revenue exceeding $151B in 2023