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Vejii Holdings Ltd. (CSE: VEJI, OTC: VEJIF) announced a significant development through its subsidiary, VEDGEco, which has improved its subscription-based buying functionality for restaurants and grocers in North America. In January, nearly 25% of repeat customers utilized the new automatic reorder feature, enhancing buy efficiency. The company aims to optimize operations and ensure consistent deliveries for its B2B clients. Vejii continues to expand its digital marketplace for plant-based products, leveraging technology for better service and product availability.
Vejii Holdings Ltd. (CSE: VEJI, OTCQB: VEJIF) announces the integration of its acquisitions, Vegan Essentials and VEDGEco, aiming to unify its B2B and B2C platforms. The company projects annual revenues between C$10 and C$12 million for 2022, with anticipated gross margins of 35-40%. Key integration strategies focus on improving operational efficiency through warehouse consolidation and product cross-selling. The management expresses confidence in their consolidated business plan for achieving operational profitability as they leverage synergies from the acquisitions.
Vejii Holdings Ltd. (CSE: VEJI, OTC: VEJIF) announced the commencement of trading on the OTCQB market effective January 21, 2022. The company is also awaiting a response regarding DTC eligibility, which would expedite the electronic clearing and settlement of its shares. CEO Kory Zelickson expressed optimism about attracting US investors through this move, emphasizing the growth of Vejii's US commercial operations. Vejii offers a digital marketplace for plant-based products, enhancing its engagement with consumers through innovative services.