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Just Kitchen Holdings Corp JKHCF


Primary Symbol: V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Post by StockHawk1on Jul 28, 2021 6:04pm
128 Views
Post# 33618371

Summary of this week's $JK news

Summary of this week's $JK news

Just Kitchen ( $JK.V , $JKHCF ) operates a network of ghost kitchens that enable their delivery-only food brands and partner restaurants to maximize efficiency, customer reach, and sales volume while reducing overhead costs. 


$JK has had great news recently, specifically: 


- They signed an agreement with Zeek to provide smart logistics with integrated on-demand delivery services in Hong Kong and Southeast Asia.


- They signed an agreement of collaboration with Foodpanda (the leading customer food order fulfilment platform in Hong Kong) 


- They secured their second ghost kitchen location in the Mid-Levels residential area of Hong Kong



As a result of these new partnerships, $JK hopes to make their food delivery more efficient and reach a significant number of new customers. 


The ghost kitchen market is expected to grow from $111 billion to $154 billion by 2023


Now is the time to invest in $JK while they are operating successfully in Asia, and before they have expanded to North America 

 


MC is currently $96.86M and they are selling at $1.29CAD/share


More info about recent collaborations here: 

https://investors.justkitchen.com/press-releases/justkitchen-signs-collaborative-agreements-with-foodpanda-and-zeek-to-reach-more-on-demand-customers-in-hong-kong/

 
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