juul’s Valuation Is Going Up in Smoke After China Terminates Sales
https://www.ccn.com/juuls-valuation-vaporizing/
Bloomberg - Are you a robot?
https://www.ccn.com/juuls-valuation-vaporizing/
Mere days after launching in the world's largest tobacco market, juul, a leading e-cigarette producer, had its sales terminated in China; meanwhile, stock estimates have been reduced to little more than vapor, with the firm's $38 billion valuation slowly evaporating.
Just last week the popular vaporizer launched a range of its products on two of China's major e-commerce markets, JD.com, and the Alibaba-backed Tmall. However, things quickly came to a halt after Juul's products were removed from the markets, seemingly without explanation.
Just last week the popular vaporizer launched a range of its products on two of China's major e-commerce markets, JD.com, and the Alibaba-backed Tmall. However, things quickly came to a halt after Juul's products were removed from the markets, seemingly without explanation.
Bloomberg - Are you a robot?