As anticipated, ghost kitchen company JustKitchen (JK:TSX.V) is continuing on its expansion tirade this month. $JK.V has entered into a commercial arrangement to be the exclusive fresh meal provider to Uber Eats Mart in Taiwan.
Launched in the third quarter of 2021, Uber Mart currently has five delivery-only locations, otherwise known as dark stores, that can be reached by 90% of the over 6.5 million people in the combined cities of Taipei and New Taipei.
JustKitchen first expects to begin collaborative operations with one Uber Mart location in the centre of Taipei, with the remaining Uber Mart locations to follow in the near future. Uber Eats, the parent company of Uber Mart, is among the world's largest and fastest-growing food delivery services, as we all know.
Additionally, $JK has secured product placements for its delivery-only food brands on the upcoming season of the All-Star Sports Day television program. All-Star Sports Day is a reality show that is currently entering its third season, on which local celebrities compete in athletic competitions. It is one of the highest-rated shows in Taiwan, with up to 462, 000 viewers per episode.
At the mid-point of this season, a live episode will be broadcast from the Taipei Arena that will include a three-minute video advertisement by JustKitchen, featuring MrBeast Burger or another one of its other popular food brands.
$JK.V is currently trading at $1.18 and is valued at a market cap of $88.67 million.
https://ceo.ca/@newswire/justkitchen-becomes-exclusive-fresh-meal-partner-with