Grand Capital Ventures, Inc. (OTC: GRCV) (“the Company”) disclosed March financial figures for its wholly-owned subsidiary Yuka E-Commerce (“YUKA”), with monthly revenues again topping $825,000 in 2019. In total, the acquisition of YUKA and the implementation of the new corporate strategy has resulted in record-breaking revenues for the Company in the first three months of 2019, proving the success of the e-commerce brand and its ability to accelerate sales month-over-month.
Under new management, YUKA’s focus on online branding and business services has uniquely positioned the Company to take advantage of marketplace trends with strategic partnerships it has set up through its Flash Sales eCommerce Division. The results so far have been phenomenal, as with 80-plus brands sold on over 40 platforms the Company has already sold over 64,000 units, each earning a 4.5-star rating or higher by consumers.
“Incoming revenues have surpassed our expectations, especially as the YUKA brand grows within the industry,” said CEO Meir ‘Miko’ Avitan. “Our ability to expand sales rapidly while maintaining — and growing — a strong market position continues to be our greatest strength, helping us to produce results for our shareholders.”
Grand Capital Venture’s acquisition of YUKA was part of a broader corporate restructuring of the Company that saw its focus shift to branding and business services for the over $2.86 trillion e-commerce sector. Management continues to heed current reports that e-commerce sales grew by 15 percent in the U.S. over the past year, using them as part of a broader strategy to gain market share.
All pre-acquisition business operations of Grand Capital Ventures have since been wound down or discontinued as a result of executive control shifting to the management of YUKA. Meanwhile, the Company’s digital presence, found on the web at www.Yukaecom.com, is undergoing a series of enhancements to reflect the fact that YUKA is now the principal operating company of Grand Capital Ventures, Inc.
About Yuka E-Commerce
Yuka is an e-commerce company dedicated to providing strategic sales channels for brands looking to enter or expand in the global e-commerce market. YUKA provides a full spectrum of brand building and sales-and-marketing services to expand a client’s brand reach. Services offered include not only comprehensive sales and marketing services, but also operational sales and fulfillment logistics, and product and brand photography.
About Grand Capital Ventures, Inc.
Grand Capital Ventures is a company with a historic focus in the nurturing of companies demonstrating a positive upside while striving to bring new technologies and unique products to their respective markets.
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