Reborn Coffee Inc. (REBN) Unveils Logistic Unit in Pursuit of Revenue Opportunities

Reborn Coffee Inc. (NASDAQ:REBN) is one of the best performing penny stocks to buy now. On September 16, the leader in the specialty coffee segment established a new subsidiary dubbed Reborn Logistics.

The new subsidiary will focus on expanding the company’s domestic and international operations by facilitating supply chain and logistics infrastructure. The subsidiary will also focus on ensuring the efficiency and scalability of Reborn Coffee as part of its global growth strategy.

“Reborn Logistics represents an important step in strengthening the backbone of our growth,” said Jay Kim, CEO of Reborn Coffee. “With Mr. Lim’s leadership and the early success of securing high-volume contracts, we are confident this subsidiary will enhance operational efficiency, reduce costs, and open new revenue opportunities as Reborn Coffee continues to expand globally.”

The subsidiary has already secured partnerships with Korean companies, including Nexen Tire and Han Press. The partnership also has the potential to result in monthly volumes exceeding 1,550 units and revenue of approximately $20 million.

Reborn Coffee Inc. (NASDAQ:REBN) is a specialty coffee company that roasts, distributes, and sells coffee through retail cafes, kiosks, and packaged goods for consumers and businesses. The company is known for its “Reborn Wash Process,” which involves washing beans with magnetically treated water and undergoing an accelerated germination process to enhance their flavor and nutrient complexity before being roasted in small batches.

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Disclosure: None. This article is originally published at Insider Monkey.