As we all know in the last couple of years the food delivery sector has skyrocketed. Ghost kitchens can supply the increased demand for meal delivery while minimizing costs by not running in-person restaurants.
My ghost kitchen company pick is Just Kitchen Holdings Corp. ( $JK.V $JKHCF) which operates ghost kitchens and develops delivery-only food brands in Taiwan and Hong Kong.
Yesterday, $JK had really positive news announcing that it entered into an agreement with TDG Ventures Inc. to form and operate a joint venture company in the Philippines.
The joint venture company will operate under the name JustKitchen TDG, Inc.
This joint venture will allow $JK to enter the Philippines and marks the 3rd country that $JK operates in.
$JK will have 51% ownership of JustKitchen TDG.
$JK is trading at $1.46/share, MC $109.6 M
More info on the TDG deal here:
https://ca.finance.yahoo.com/news/justkitchen-announces-philippines-expansion-joint-080000661.html