Business
GRCV Subsidiary Yuka E-Commerce Reports Revenues of Over $825,000 for January 2019
GRCV Subsidiary Yuka E-Commerce Reports Revenues of Over $825,000 for January 2019.
About this update from Yuka Group Inc.
[{"type":"text","content":"\n \n Grand \n Capital Ventures, Inc. (OTC: GRCV) \n (“the Company”) disclosed financial figures for its wholly-owned \n subsidiary Yuka E-Commerce (“YUKA”), detailing revenue results for \n January 2019 of over $825,000. In addition, the Company reported that \n YUKA continues to add to its already extensive lineup of product \n offerings while putting forward a plan to build up its sales results \n month-over-month.\n \n \n YUKA, an already prominent name in the e-commerce industry continues to \n create forward momentum for the Company, with the current results coming \n on the heels of its recently reported revenues of over $8.3 million for \n fiscal year 2018. It’s a full-spectrum online brand building powerhouse \n in the e-commerce industry, providing sales-and-marketing services that \n include turnkey sales, customer support, and order processing and \n fulfillment.\n \n \n “The continued growth in revenues is the result of planning and \n execution,” said CEO Meir ‘Miko’ Avitan. “Our market position remains \n strong, and we have a solid roadmap for the future, even in the face of \n expanding industry competition. Investor confidence is at an all-time \n high as we move forward with ramping up our product offerings as well.”\n \n \n E-commerce sales grew \n by 15 percent in the U.S. alone last year, posing a significant \n opportunity for YUKA and its parent Company. Grand Capital Ventures’ \n acquisition of YUKA is a result of such trends, prompting a corporate \n restructuring earlier this year that has seen the Company look to \n develop a stake in the growing \n $2.86 trillion e-commerce market.\n \n \n All pre-acquisition business operations of Grand Capital Ventures have \n since been wound down or discontinued as a result of executive control \n shifting to the management of YUKA. Meanwhile, the Company’s digital \n presence, found on the web at www.Yukaecom.com, \n is undergoing a series of enhancements to reflect the fact that YUKA is \n now the principal operating company of Grand Capital Ventures, Inc.\n \n \n About Yuka E-Commerce\n \n \n Yuka is an e-commerce company dedicated to providing strategic sales \n channels for brands looking to enter or expand in the global e-commerce \n market. YUKA provides a full spectrum of b...