Big news from $JK, recently- public ghost kitchen company Recently public ghost kitchen company Just Kitchen $JK/$JK.V announced last week their expansion in Taiwan will grow by 3 locations. This recent news brings $JK’s total operating kitchens to 21.
The market for ghost kitchens is expected to almost double from its value of $43.1B in 2019 to $71.4B by 2027.
$JK’s position in one of the highest population density areas in the world gives them such a great opportunity to capitalize on this new industry’s expected growth. I’m excited to see how they plan to expand their operations further.
Shares of $JK are consolidating on support at $1.39 after testing key price levels at $1.49 at the top of November. $JK is currently valued at $104.45M.