NuZee Partners with Malu on Specialty Single Serve Coffees

Rhea-AI Summary

NuZee (NASDAQ: NUZE), a coffee co-packing company, announced a new partnership with Malu, a specialty coffee brand, on January 18, 2023. This collaboration focuses on innovative, eco-friendly single-serve pour-over coffee pouches, enhancing the convenience of high-quality specialty blends. Founded during the pandemic by Jingyi Ma, Malu aims to simplify the pour-over process without compromising quality. NuZee emphasizes its role in revolutionizing single-serve coffee in the U.S. with flexible co-packing solutions for various brands.

Positive

• New partnership with Malu enhances product offerings in specialty coffee.
• Innovative single-serve pour-over pouches may increase market appeal.

Negative

• Dependence on partnerships like Malu may hinder independent growth.
• Risks associated with market acceptance of new products.

News Market Reaction – NUZE

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+54.42% Session move

In the trading session that priced this news, NUZE gained 54.42%, reflecting a significant positive market reaction.

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RICHARDSON, Texas, Jan. 18, 2023 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing company, announces a new partnership with Malu, a specialty coffee company that creates unique blends of single-serve coffee.

Malu was conceived during the pandemic quarantine by founder Jingyi Ma. "During the pandemic, my daily coffee ritual was the most essential part of the day. However, I soon found myself down a deep rabbit hole of filters, drippers, grinders, and beans. I asked myself: is there a way to simplify the pour-over process and only keep what we enjoy the most? That's how Malu was born," says Ma.

After months of sourcing and experiments, Malu now offers high-quality specialty coffee blends. NuZee maximizes these blends with innovative, eco-friendly, single-serve pour-over pouches.

Says Jingyi Ma, "With our amazing partner NuZee, Malu brings the traditional pour-over quality and experience anywhere, without the need for any additional equipment. Coffee is more than a caffeine boost - it is the enjoyment of the daily ritual, complex flavors, and the moment of serenity."

Find out more about Malu coffee at Malucoffee.com. To learn more about how to work with NuZee please visit mynuzee.com.

About Malu

Malu takes the simplicity and convenience of the single serve pour over method, which originates from Japan, and combines it with high quality, specialty grade coffee.

About NuZee Coffee

NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company for single serve coffee formats that partners with companies of all sizes to help them develop within the single serve and private label coffee category. Providing innovative and eco-conscious solutions with the flexibility and capacity for both small roasters and large global brands, NuZee is revolutionizing the way single serve coffee is enjoyed in the United States. Through the brand's unique process, NuZee fulfills every aspect of co-packing needs, from roasting and blending, to packing and packaging.

Forward-looking Statements 

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. NuZee cautions you that such statements are simply predictions and actual events or results may differ materially. These statements reflect NuZee's current expectations and NuZee does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other NuZee statements will not be realized. Further, these statements involve risks and uncertainties, many of which are beyond NuZee's control, which could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties, many of which are beyond our control, include: NuZee's plan to obtain funding for its operations, including funding necessary to develop, manufacture and commercialize its products; the impact to NuZee's business from COVID 19 global crisis; general market acceptance of and demand for NuZee's products; and NuZee's commercialization, marketing and manufacturing capabilities and strategy; for description of additional factors that may cause NUZee's actual results, performance or expectations to differ from any forward looking statements, please review the information set forth in the 'Risk Factors' and " Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the NuZee's public reports and NuZee's other filings made with the SEC.

 

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SOURCE NuZee, Inc.

FAQ

What is the recent partnership announcement by NuZee?

NuZee announced a partnership with Malu to produce specialty single-serve coffee pouches.

When was the partnership between NuZee and Malu announced?

The partnership was announced on January 18, 2023.

What type of coffee products will NuZee develop with Malu?

NuZee will develop innovative, eco-friendly single-serve pour-over pouches featuring specialty coffee blends.

How will the NuZee and Malu partnership impact the coffee market?

The partnership aims to enhance convenience and quality in the specialty coffee market, appealing to consumers.