Welcome to our dedicated page for Two Hands news (Ticker: TWOH), a resource for investors and traders seeking the latest updates and insights on Two Hands stock.
Two Hands Corporation (TWOH) operates as a Canadian food distribution specialist through its Cuore Food Services brand, serving grocery retailers and food service providers. This news hub provides investors and industry stakeholders with official updates and market-relevant developments.
Access timely information on inventory expansions, supply chain partnerships, and strategic initiatives in the competitive grocery sector. Our curated collection features press releases covering product launches, operational milestones, and industry compliance updates.
Key updates include developments in organic product distribution, logistics enhancements, and market expansion efforts. Regular monitoring of this page ensures awareness of TWOH's positioning within the $800B global food distribution market.
Bookmark this page for direct access to primary source materials and verified updates. Combine these resources with market analysis tools for comprehensive investment research in the food distribution sector.
Two Hands Corporation (OTC Pink: TWOH) announced significant milestones in its gocart.city operations, growing its grocery offerings to over 2,700 items and its customer base to over 1,000. The company has also expanded its delivery area and frequency. Focused on retail and food service channels, it plans to expand its student grocery programs. Financially, the company completed CAD$1 million in Series D funding and reduced debt by over $950,000. It aims to increase authorized shares to support growth and may consider a reverse stock split to attract institutional investors.
Two Hands Corporation (OTC Pink: TWOH) announced a 23.05% reduction in total liabilities, amounting to over $320,300. CEO Nadav Elituv stated that the company is actively working with debt holders to further eliminate obligations, aiming to enhance attractiveness to institutional investors in 2022. The company continues to focus on its brands: Gocart.city, Grocery Originals, and Cuore Food Services, with recent successes including a 600-voucher order from a university for Gocart.city services.
Two Hands Corporation (OTC Pink: TWOH) announced record orders for its Gocart.city division, surpassing total orders from the previous quarter in October 2021. CEO Nadav Elituv attributed this success to new sales programs that are driving growth. The company operates three on-demand food brands, focusing on fresh grocery delivery in Southern Ontario. However, forward-looking statements in the press release highlight potential risks, including financing challenges and market adaptability. Investors are advised to consider these factors when assessing the company's outlook.
Two Hands Corporation (OTC Pink: TWOH) has launched a new grocery program for university students in the Greater Toronto Area (GTA), offering $50 vouchers for grocery purchases through Gocart.city. CEO Nadav Elituv expressed pride in supporting students’ food needs and highlighted the initiative as part of their strategy to drive revenue growth in 2022. The company operates multiple on-demand food brands, including GoCart.City, Grocery Originals, and Cuore Food Services, focusing on fresh and healthy grocery delivery.
Two Hands Corporation (OTC Pink: TWOH) reported that sales for the first three weeks of October surpassed total orders from July and August. CEO Nadav Elituv stated the company is scaling its business and successfully rolling out new programs. The focus remains on increasing revenue to enhance shareholder value. Two Hands operates three on-demand food brands—Gocart.City, Grocery Originals, and Cuore Food Services. The press release also includes forward-looking statements regarding potential risks and uncertainties in financing and adapting the business model.
Two Hands Corporation (OTC Pink: TWOH) has successfully closed $1,000,000 in Series D funding as of September 21, 2021. This funding is vital for progressing towards a planned listing on the Canadian Securities Exchange (CSE), which the CEO, Nadav Elituv, states will support the company's growth strategy over the coming year. The company is enhancing its food distribution network in Ontario and aims to strengthen shareholder value, with plans to re-file by the end of October. Two Hands operates brands such as GoCart.city and Grocery Originals.
Two Hands Corporation (OTC Pink: TWOH) has successfully closed a $400,000 Series D funding round, boosting its financial stability. The CEO, Nadav Elituv, emphasized that the funds will be directed towards key growth areas and prepare the company for a listing on the Canadian Securities Exchange (CSE). This move is expected to attract institutional investors and enhance shareholder value. Two Hands operates through three food brands, including Gocart.city, focusing on on-demand grocery delivery in Southern Ontario.
Two Hands Corporation (OTC Pink: TWOH) has successfully reduced its current debt by 67.7%, significantly improving its financial position.
CEO Nadav Elituv stated that the company is extending debt maturity dates for $1,190,320 to December 31, 2025, facilitating necessary financing for growth.
Looking ahead, Two Hands aims to enhance its food distribution partnerships with GoCart.city, Grocery Originals, and Cuore Food Services, especially as universities resume operations.
Two Hands Corporation (OTC Pink: TWOH) has announced the expansion of its GoMeal Kits, curated by Corporate Executive Chef Grace Di Fede. These kits offer a range of contemporary, nutritious recipes, including gluten-free, vegan, and vegetarian options. The new GoParent Kits are designed for busy families. Gocart.city, the company's online grocery delivery service, allows customers to order meal kits and groceries together. The press release highlights the convenience and variety of offerings, but also notes the risks associated with the company's planned expansion and ability to finance it.
Two Hands Corporation (OTC Pink: TWOH) is focusing exclusively on the grocery market, launching a test program for GoCart.city with an international food delivery service. CEO Nadav Elituv highlighted record revenue growth and the scalability of their food distribution business, which serves university students through exclusive grocery delivery programs. They operate under three brands: GoCart.City, Grocery Originals, and Cuore Food Services, aiming to enhance their market presence in the food industry.
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