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.
Our Latest Articles on YPB Group Limited
|Article||16-Dec-2019||YPB's China Revenues Surge | Strong Momentum for 2020|
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|Article||16-Sep-2019||YPB to Generate First Revenues for its Breakthrough Anti-Counterfeit Technology|
|Article||10-Sep-2019||YPB Secures Vital Pharma Contract: Expects Circa $1M in Revenue|
|Article||29-Jul-2019||YPB Accelerate Up Take of Anti-Counterfeit Tech: Monthly Growth Rate Up 400%|
|Article||24-Jul-2019||YPB Continues Push into Multi-Billion Dollar Cannabis Industry|
|Article||27-May-2019||Anti-Counterfeit Clothing: ASX Junior Signs with World’s Leading Textile Manufacturer|
YPB's China Revenues Surge | Strong Momentum for 2020
Dec 16, 2019
YPB Group (ASX:YPB) expects 2020 to be even stronger in China where it has almost doubled its revenues as the uptake for its existing tracer/scanner products increases.