Home Bistro Now Offers Gourmet Desserts

Rhea-AI Summary

Home Bistro (OTC PINK:HBIS) has expanded its product offerings by introducing gourmet desserts created in collaboration with Red Velvet NYC. Since August 1, 2021, customers can add these desserts to their meal orders, with the initial offering being a sweet and salty caramel brownie. The CEO, Zalmi Duchman, reported a positive customer response, with over 30% of customers opting to include the new dessert. This initiative aligns with Home Bistro's mission of providing a complete gourmet experience and indicates plans for further dessert menu expansion.

Positive

• 30% of customers are adding the new dessert to orders, indicating strong initial demand.
• Plans for future expansion of the dessert menu to enhance customer offerings.

Negative

• None.

Customers Can Now Add Dessert to Fresh Meal Orders

MIAMI BEACH, FL / ACCESSWIRE / August 10, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company"), a leading online platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made fresh meals shipped directly to consumers, announced today that it has begun offering gourmet desserts created by Red Velvet NYC with its fresh prepared meals.

Home Bistro CEO, Zalmi Duchman, stated, "In lockstep with our mission to deliver a complete gourmet, culinary experience to the discerning customer, we previously announced our intention to add desserts to our meal offerings through a partnership with Red Velvet NYC, a subscription-based service specializing in DIY gourmet baking kits." He added, "As of August 1, we began shipping our first dessert - a delicious sweet and salty caramel brownie - and the initial response has been extremely encouraging with over 30% of our customers adding it to their orders. With continued success, we intend to expand the dessert menu to provide our customers with even greater options."

About Home Bistro, Inc.
Home Bistro is a leading online platform, www.homebistro.com, that provides for the creation, production, and distribution of direct-to-consumer, heat-to-eat, celebrity chef inspired gourmet meals, which currently include inspirations developed by "Iron Chef" Cat Cora, "Hungry Fan" Chef Daina Falk and soon to launch celebrity chefs Ayesha Curry, Roblé Ali and Claudia Sandoval.

Home Bistro's Model Meals lifestyle brand www.modelmeals.com is a Whole30 and Paleo approved, ready-to-eat, meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the highest quality ingredients available, sourced responsibly and locally, and delivered in sustainable, eco-friendly packaging.

Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the Company's growth objectives and industry outlook (as described herein). Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among others, statements about the Company's future financial performance, the impact of management changes, any organizational restructuring and the sufficiency of capital resources to fund its ongoing operating requirements; statements about the Company's expectations regarding the capitalization, resources and ownership structure; and any other statements other than statements of historical fact. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes due to a number of important factors, including (i) risks related to the combined entity's access to existing capital and fundraising prospects to fund its ongoing operations, and (ii) other business effects, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Contact:
Zalmi Duchman, CEO
zalmi@homebistro.com
Ph: 631.694.1111

SOURCE: Home Bistro, Inc.

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https://www.accesswire.com/659034/Home-Bistro-Now-Offers-Gourmet-Desserts

FAQ

What new products has Home Bistro introduced as of August 2021?

Home Bistro has introduced gourmet desserts created by Red Velvet NYC, starting with a sweet and salty caramel brownie.

How much of Home Bistro's customer base is adding desserts to their orders?

Over 30% of customers are currently adding desserts to their orders.

What is the stock symbol for Home Bistro?

Home Bistro trades under the stock symbol OTC PINK:HBIS.

Who is the CEO of Home Bistro?

The CEO of Home Bistro is Zalmi Duchman.

What is the type of partnership Home Bistro has with Red Velvet NYC?

Home Bistro has formed a partnership with Red Velvet NYC to offer gourmet desserts.