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Wednesday, February 07, 2024 11:34:15 AM
JFH aspires to be a huge global player.
entry into u.s. markets has great intuitive appeal for them.
and the cheapest way to go public is through reverse mergers.
this is just step #1 for them.
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downdraft PremiumMember 57 seconds ago
Post #46,703
Re: #46,686: @Hercules1 - initially they are likely to roll in 10%
The potential here is still massively huge because of the size of the parent company in China. Plus, they know how to promote their business, so crucial to success. A U.S. subsidiary can start out small but if merchandisers love the platform, they'll have no problem opening up their product line to the new JFH platform as it just means another opportunity to move more product.
It's virtually no effort for a merchandiser to move onto a new e-commerce platform as that's the kind of work they do. They already have their products, their skews, their product photographs, pricing, shipping methods, etc., already in place. And if JFH is in a position to heavily advertise the platform, then a wave a new sellers could migrate over, rapidly building revenues for JFH...in a very short period of time.
Bullish
BULLISH
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