Technology News

Proprietary App Harnesses Data to Enhance Marketing and Optimize Operations while Supplementing Business Conducted on Third-Party Platforms

TSXV: JK

Just Kitchen Holdings Corp. (" JustKitchen " or the " Company ") (TSXV: JK) ( Frankfurt : 68Z), an operator of ghost kitchens specializing in the development of delivery-only food brands for customers across Taiwan is pleased to announce that it has recently launched its proprietary consumer-facing mobile application (the "JustKitchen App"), through which customers can order food items from the Company's ghost kitchens, among other features. The Company expects to use the JustKitchen App and its data to optimize operations and extend the value chain, by fulfilling orders directly from its nearest spoke kitchen location to the customer via last-mile delivery service providers through system integration. Orders received through the JustKitchen App will supplement those generated on third-party platforms and are expected to result in higher gross margins for the Company by eliminating service commissions. The JustKitchen App is now available for download from the Apple App Store for iOS devices and the Google Play Store for Android devices.

JustKitchen (TSXV: JK) Logo (CNW Group/Just Kitchen Holdings Corp.)

"The launch of our own consumer-facing mobile application is a significant step in the execution of the Company's competitive strategy and becoming more vertically integrated," said Jason Chen , Co-Founder and Chief Executive Officer of JustKitchen. "The JustKitchen App enables us to directly communicate with and market to our customers and enrich our customer relationship management. Further, it provides us with the ability to harness more data to further improve the efficiency and cost-effectiveness of our supply chain. Our vision for the JustKitchen App is that it will enable customers to order hot food items, order groceries, earn loyalty rewards, sign up for subscription plans and otherwise enjoy increased levels of engagement with JustKitchen through gamification," added Mr. Chen.

Frankfurt Stock Exchange Listing & Marketing Services

The Company is also pleased to announce that it recently received approval from the Börse-Frankfurt Exchange (the "Frankfurt Exchange") for its common shares to commence trading under the securities identification code "WKN: A3CMCR " and the ticker symbol "68Z", which began on April 20, 2021 . The Frankfurt Exchange is the world's third largest organized exchange-trading market in terms of turnover and dealings in securities and the world's 12th largest stock exchange by market capitalization. There are over 3,000 international companies listed on the exchange and investors directly connected to the Frankfurt Exchange represent 35% of the world's investment capital.

Additionally, JustKitchen is pleased to announce that it has recently retained Hybrid Financial Ltd. ("Hybrid") to provide marketing services to the Company with the goal of creating heightened awareness of JustKitchen and its brand in the market and achieving a broader reach through education across the investment community (the "Services"). Hybrid has agreed to comply with all applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV") in providing the Services. Hybrid has been engaged by the Company for an initial period of six months (the "Initial Term"), which then shall be renewed automatically for successive monthly periods thereafter unless terminated by the Company in accordance with the agreement. Hybrid will be paid a monthly cash fee of $15,000 , plus applicable taxes, during the Initial Term. The Services  are being provided at an arm's length as JustKitchen and Hybrid are unrelated and unaffiliated entities. Hybrid will not receive shares or options as compensation for the Services and it currently does not own any securities of the Company.

ABOUT JUSTKITCHEN

JustKitchen is primarily an operator of ghost kitchens specializing in the development and marketing of proprietary and franchised delivery-only food brands for customers across Taiwan . JustKitchen uniquely utilizes a hub-and-spoke operating model, which features advanced food preparation taking place at larger hub kitchens and final meal preparation taking place at smaller spoke kitchens located in areas with higher population densities. The Company combines this 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 e-commerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen.

For more information about the Company, please visit investors.justkitchen.com. JustKitchen's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com .

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur including but not limited to: the Company's ability to earn higher gross margins, improve operations and lower costs as the result of the launch of its proprietary mobile application; and its ability to integrate systems within the Company and to external parties. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks, including those risk factors identified in the Company's prospectus dated March 26, 2021 , and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

JustKitchen App (CNW Group/Just Kitchen Holdings Corp.)

SOURCE Just Kitchen Holdings Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2021/26/c7338.html

News Provided by Canada Newswire via QuoteMedia

Just Kitchen

Just Kitchen


Keep reading...Show less
Applied UV to Host First Quarter 2022 Conference Call on May 24, 2022

Applied UV to Host First Quarter 2022 Conference Call on May 24, 2022

Applied UV, Inc. (NasdaqCM: AUVI ) ("Applied UV" or the "Company"), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, announced that the Company will be hosting an investor conference call and live webcast on Tuesday, May 24, 2022 at 9:00 am ET to review its financial results. First quarter 2022 financial results will be released after market close on Monday, May 23 rd and will be available through the Investor Relations section of the company's website at https://irdirect.net/AUVI .

Conference Call/Webcast Information

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
DGTL Holdings Inc. Reports New Campaign Extension for Nasdaq Listed E-Sports Gaming Client

DGTL Holdings Inc. Reports New Campaign Extension for Nasdaq Listed E-Sports Gaming Client

Campaign Extension to Build Awareness of New Online Sports Betting Regulations, Now Live Across the Province of Ontario, Canada

DGTL Holdings Inc. (TSXV: DGTL) ("DGTL" or the "Company") is pleased to announce that its wholly owned subsidiary Hashoff LLC has launched a new social media content marketing campaign with a Nasdaq listed e-sports gaming client. The campaign is focused on promoting brand awareness and new user registration on its client's software platform now that allows online sports betting across the Province of Ontario, Canada.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Applied UV Announces Inclusion in a Multi-Million Dollar Contract Offering Throughout Non-Public Schools in The State of Washington

Applied UV Announces Inclusion in a Multi-Million Dollar Contract Offering Throughout Non-Public Schools in The State of Washington

Contract Is Part of the US Govt $3.5B National EANS II Program Designed to Provide Funding For Air Purification and Other Supplies For Non-Public Schools

Applied UV, Inc. (NasdaqCM: AUVI ) ("Applied UV" or the "Company"), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, announces that its wholly owned subsidiary Sterilumen has been notified that its US Dealer, DA International, has been included in a multi-million dollar contract which will include in its offering, the Company's suite of Airocide™ air purification solutions and other related disinfection supplies to non-public schools throughout the State of Washington.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
CoinSmart Announces Q1 2022 Financial Results

CoinSmart Announces Q1 2022 Financial Results

Coinsmart Financial Inc. ("CoinSmart" or "CFI") (NEO: SMRT) (FSE: IIR), a leading Canadian headquartered crypto asset trading platform, announces the release of its condensed  interim consolidated financial statements for the three months ended March 31, 2022 and related management discussion and analysis. These documents will be posted on CoinSmart's website at www.coinsmart.cominvest and SEDAR at www.sedar.com .

CoinSmart Financial Inc. (CNW Group/CoinSmart)

CoinSmart's Q1 2022 Highlights 1 :

  • Q1 2022 Gross Revenue reached $4 .2MM growing 15% YoY
  • Over the Counter Trading volume reached $113MM Growing 89 % YoY
  • Registered Users reached over 216,000 growing 191% YoY
  • Assets Under Management (AUM) reached $74 .8MM Growing 99.5% YoY
  • Company Treasury reached approximately $19MM
  • No Debt

Other CoinSmart Q1 2022 Corporate Highlights

  • Acquired over 33,700 new registered users
  • Outperformed overall crypto market by ~9% from Q4 2021 to Q1 2022 (Top 10 crypto exchange trading volume declined by ~37.7% 2 , CoinSmart retail trading volume declined by ~29%)
  • Expanded Retail and Over the Counter Trading to additional European Countries.
  • Launched an API for SmartPay as well as an SDK to make implementation easy for developers. SmartPay is a robust crypto payments processing and invoicing platform.
  • Launched new iOS and Android Mobile Apps.

CoinSmart CEO Justin Hartzman commented :

"Q1 2022 saw continued year over year growth during a quarter that experienced high volatility. I am extremely proud that our team was able to execute and continue growing our user base, ship new products and help the crypto curious enter the market. The decision to not only focus on the retail platform growth but to diversify over a number of business lines has helped our continued YoY growth against the headwinds of a poor macroeconomic environment. Q1 was highlighted by growth in Over the Counter Trading as we acquired new HNWI and institutional clients. We're looking forward to further expansion in crypto payment products and geographies as we move into Q2 2022."

CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission. CoinSmart is also one of the first Canadian headquartered trading platforms to have an international presence, accepting customers across 40+ countries at a time when the digital asset industry continues to rapidly expand.

CoinSmart further builds on its mission to make cryptocurrency accessible by providing educational resources tailored to every level of cryptocurrency knowledge and unparalleled 24/7 omni-channel customer support. Offering instant verification, industry leading cold wallet storage, advanced charting with order book functionality and over-the-counter premium services, CoinSmart ensures every client's needs are met with the highest level of quality and care. For more information please visit https://www.coinsmart.com/ .

Connect with CoinSmart: Website | LinkedIn | Twitter | Instagram | Facebook

_____________________________

1 All figures are preliminary, unaudited and subject to final adjustment.


2 Coingecko Q1 2022 Cryptocurrency Report


SOURCE CoinSmart

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/16/c8355.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
KWESST Appoints Former Chief of Police to Lead the Expansion of the Company's Critical Incident Management Solutions to the Public Safety Market

KWESST Appoints Former Chief of Police to Lead the Expansion of the Company's Critical Incident Management Solutions to the Public Safety Market

Digital transformation of public safety enables dynamic operating environment to better address the evolving array of threats and major incidents

KWESST's Critical Incident Management solutions provide first responders with real-time networked situational awareness information that improves safety and incident management

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
JustKitchen Launches Exclusive New Mr. Chili Menu in Taiwan with Mr. Hot Instant Noodle Brand and Celebrity Singer Hsiao Ching-Teng

JustKitchen Launches Exclusive New Mr. Chili Menu in Taiwan with Mr. Hot Instant Noodle Brand and Celebrity Singer Hsiao Ching-Teng

The Company Also Continues to Expand its Brand Portfolio by Adding Kitsutaya, an Affordable, Family-Oriented, Japanese Menu Easily Accessed by Consumers Through JustKitchen's and Third-Party Food Delivery Apps

Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z), a technology focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce that is has launched Mr. Chili (" Mr. Chili " or the " Brand "), which is an exclusive, delivery-only, spicy noodle menu created in association with the Mr. Hot instant noodle brand in Taiwan . To date, JustKitchen is the first and only ghost kitchen affiliate of Mr. Hot and its celebrity endorser, Jam Hsiao Ching-Teng the famous Taiwanese singer and actor. Additionally, the Company has launched a new curry and don brand, Kitsutaya Curry Donburi (" Kitsutaya ") to appeal to families with children as the menu adds a sweet taste to more traditional curry and don meals at an affordable price point.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×