Welcome to our dedicated page for GRCVD news (Ticker: GRCVD), a resource for investors and traders seeking the latest updates and insights on GRCVD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GRCVD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GRCVD's position in the market.
Yuka E-Commerce, a subsidiary of Grand Capital Ventures (OTC PINK:GRCVD), reports over $850,000 in purchase orders year-to-date, marking a 32% increase compared to 2020. Leading categories in purchases include Beauty at approximately $400,000 and CBD at $350,000. The company also introduced 8 new brands since January, including multiple beauty products and a home décor brand with over 3,000 units sold, generating over $80,000 in gross revenue. Plans for expansion and hiring are underway to meet growth goals.
Grand Capital Ventures' subsidiary, Yuka E-Commerce, announced at the Emerging Growth Conference on March 3, 2021, a targeted 20% year-over-year growth for 2021. Yuka aims to bolster its CBD and Beauty product lines, which contributed approximately 50% and 30% of its revenue in 2020, respectively. The company is onboarding two full-line CBD brands and introducing over 200 new CBD SKUs. Yuka's participation in the conference indicates its commitment to engaging with investors and expanding its market reach.
Grand Capital Ventures (OTC PINK:GRCVD) announced that its subsidiary, Yuka E-Commerce, has secured exclusive distribution rights for the Sea of Spa product line in the USA, England, Australia, and Switzerland. This strategic partnership is anticipated to enhance YUKA's online and TV placements, contributing to an expected revenue increase. The beauty segment represents approximately 35% of YUKA's overall revenue, yielding over $3M in sales with ambitions to reach $4.5M in 2021. The global skin care market is estimated at $145.3B, indicating significant growth potential for the company.
Yuka Group Inc. (OTC PINK:GRCVD) invites investors to attend its live presentation at the Emerging Growth Conference on March 3, 2021. The event will feature Meir Avitan, the Company President, who will engage with attendees in real-time. The presentation is scheduled for 12:30 PM Eastern time and will last 45 minutes. Participants can register in advance or access an archived webcast after the event. Yuka E-Commerce focuses on helping brands expand in the global e-commerce market through strategic sales channels and comprehensive services.
Yuka E-Commerce, a subsidiary of Grand Capital Ventures (GRCV), is set to expand its CBD and hemp portfolio in 2021. The company reported that CBD sales contributed over 50% of its revenue in 2020, generating nearly $5 million with over 250,000 products shipped. With a forecasted 20% increase in sales for 2021, Yuka aims to achieve $6 million from CBD products. The firm is strategically adding new brands to its portfolio in the first quarter, leveraging insights from buyer interactions to launch innovative products.
