YPB Group ( ASX:YPB )
YPB Group (ASX:YPB)’s fake busting technology is starting to take a hold in key global markets.
YPB make and sell anti-counterfeiting technology to global brands – in an effort to stop the $1.7 trillion global illegal industry in its tracks.
Luxury brands such as Yves St Laurent and Gucci are sick of the scourge of counterfeiters – so much so they are suing Chinese e-commerce giant Alibaba for not doing enough to stop the counterfeiters.
YPB’s technology is positioned to solve this global problem.
With $26M over the next 4 years committed in contracts from existing clients in China, it’s now turning to the USA – the home of a large number of brands that want to protect their standing in the market place.
The company recently signed a deal with a well-established American printing firm, and this may be the one that secures there position in this key market.
At the same time, caution is advised if considering an investment – this is a speculative tech company, and there is no guarantee of success.
With Revenue Flowing From China, YPB Looks to USA for Next Regional Expansion
Aug 4, 2015
With one instrumental deal, YPB Group Ltd (ASX:YPB) has secured a major foothold into the world’s largest consumer economy – the USA.