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Posted On: 02/19/2020 12:07:47 PM
Post# of 27135
$WEYL AtozGo’s unique approach and phenomenal growth continues to create a tremendous value for Weyland. For global competitors, like Uber Eats or DoorDash, and even down to AtozGo’s local competitors in Southeast Asia, such as GrabFood or Go-Foods, the typical average value per user is around $330. This implies a stand-alone valuation for AtozGo of more than $28 million.
“We’ve only just begun, with Jakarta as just the starting point and many other cities in Southeast Asia that are ideal for expansion,” added Suen, “We continue to see AtozGo on track to reach more than 250,000 food deliveries per day, with a customer base topping 1 million by the end of this year. Given this growth trajectory, we see an implied stand-alone valuation for AtozGo exceeding $330 million.”
https://www.barchart.com/story/stocks/quotes/...nce-launch
“We’ve only just begun, with Jakarta as just the starting point and many other cities in Southeast Asia that are ideal for expansion,” added Suen, “We continue to see AtozGo on track to reach more than 250,000 food deliveries per day, with a customer base topping 1 million by the end of this year. Given this growth trajectory, we see an implied stand-alone valuation for AtozGo exceeding $330 million.”
https://www.barchart.com/story/stocks/quotes/...nce-launch
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