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Just Kitchen Holdings Corp V.JK

Consumer Cyclical Technology Restaurants
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

Just Kitchen Holdings Corp
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Post by partystockeron Oct 03, 2022 4:55pm
98 Views
Post# 35002575

JK.v up over 15% today.

JK.v up over 15% today.

JustKitchen (TSXV: JK) is seeing some positive movement today, jumping up over 15%. The company recently announced its plan to expand operations into Thailand via an agreement with GrabKitchen. 


GrabKitchen will provide Kitchen as a Service (KaaS) services at the new Thailand location, located near a busy commuter rail hub in the Bangkok area. The Southeast Asian on-demand food delivery market is experiencing a high annual growth rate of 14%, which implies that the market will eventually reach a total value of $49.7 billion by 2030. This represents a huge opportunity for JK to capitalize on this growth. 


JK.v is currently trading at $.14, valued at $10.53 million. 


https://ceo.ca/@newswire/justkitchen-expanding-to-thailand-via-grabkitchen-arrangement

 
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