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DDC Completes Joint Venture to Scale Ready-Made Meal Business with USD 15M Profit Commitment

1. DDC announces joint venture with Hewen for ready-to-eat meal solutions. 2. Hewen aims to deliver $15 million in profits, enhancing DDC's market presence.

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FAQ

Why Bullish?

The joint venture enhances DDC's revenue potential and competitive positioning in the e-commerce food sector, similar to past successful JVs boosting stock prices.

How important is it?

The joint venture could significantly impact DDC's performance, resonating well with growth-focused investors and increasing market visibility.

Why Long Term?

The scalability of RTE solutions will contribute to DDC's growth strategy over time, akin to historical expansions benefiting shares positively.

Related Companies

Hewen Agricultural Technology Limited
NEW YORK--(BUSINESS WIRE)--DDC Enterprise, Ltd. (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced the completion of a joint venture (JV) with Hewen Agricultural Technology Limited (“Hewen”), a premium prepared-meal producer, to scale delivery of ready-to-eat (RTE) solutions for major e-commerce platforms, restaurant chains, and direct-to-consumer (DTC) brands. Hewen has committed to generating USD 15 million in profits for.

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