Logiq Inc (LGIQ)

[cannonblack]

When my friend visited Jakarta he was super pumped about the people in charge of AtoZ. Being a tech person himself he raved about how well he thought AtoZ would do.

Fast forward a year and a half....

“The valuations of app-based food delivery services are highly favorable. Whether it’s an Uber Eats or GrubHub, or even similar services in Southeast Asia like GrabFood or Go-Food, the average value per user is pegged at around $330. For AtozGo, this would imply a stand-alone valuation of around $33 million, and that is just as of today. If we hit our goal of 1 million users by year-end, the valuation would come in at 10 times that or nearly $330 million.