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Just Kitchen Holdings Corp 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 yopmemama021on May 12, 2021 7:02pm
172 Views
Post# 33188515

JK

JK
$JK closed at $1.40 today following the recent announcement of their expansion into  Hong Kong. Market Cap $82.83 M
 
With one of the highest population densities in the world with over 7.5 million people, and a seasoned online food delivery market, Hong Kong is perfect place for JK to start their international expansion. 
 
 
Following the opening of its first overseas kitchen in Hong Kong in June, JK has plans to  work towards further expansion into  Singapore, the Philippines, and the U.S.
 
JK has seen their sales Grow rapidly since their launch in March of 2020- the first quarter of 2021 saw up to a 120 percent increase. 
 
JustKitchen is planning to list in the U.S. at the end of this month. 
 
full article 
 
https://www.newswire.ca/news-releases/justkitchen-announces-hong-kong-expansion-838132418.html
 
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