drbubb Posted May 3, 2021 Report Share Posted May 3, 2021 jk / just kitchens = ghost kitchens JK / v All . 10d/ last: C$1.64 +0.05 10d/ last: C$1.73 +0.13 "Just Kitchen Holdings Corp. has opened its 14th satellite spoke kitchen today, which is located in the Wenshen district of Taipei. The 14th spoke unlocks access to over 275,000 new customers in a dense urban area and further enhances Just Kitchen's capacity utilization of its infrastructure. Further, a second hub kitchen has recently commenced operations in Tainan City and consists of 15,000 square feet of commercial kitchen space. The second hub was built by Chi Mei Frozen Foods Co., which is a large Taiwanese food manufacturer and partner of the company. It is located within Chi Mei's processing plant and has the capacity to support Just Kitchen's next 20 to 25 spoke kitchens." About Just Kitchen Holdings Corp. Just Kitchen 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. Just Kitchen 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 on-line 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 Just Kitchen. > source: https://www.stockwatch.com/News/Item/Z-C!JK-3063701/C/JK > website: www.investors.justkitchen.com Link to comment Share on other sites More sharing options...
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