Capital.com – JustKitchen (JK) has grown 15% MOM since IPO, says CEO
Just Kitchen (JK) is an emerging cloud-based foodservice delivering hot and cold meals to consumers that currently operates in Taiwan and Hong Kong with plans to expand operations to other Asian countries.
The company shares some similarities and differences with the likes of Uber Eats and Deliveroo, but the organisation seems to be ambitious enough to start partnering with household names such as TGI Fridays.
The company – ‘an app-to-door dining for the on-demand generation’ as it says on its website – has a competent team at the helm, including executives from Deliveroo and Uber and one of the founders, Kai Huang is also the original creator of the video game Guitar Hero.
Operating on a hub-and-spoke model, the firm combines it 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 firm has seen its share price soar by over 57% since its inception on the Toronto Stock Exchange (TSX) Venture Exchange in April this year…