Can you pls shed some light on this part of the article?
"Investors will be able to finance the invoices that Luxure raises to the blue-chip brands for the commission on its sales."
any comments on this?
If you don't mind some element of FUD, I would say such news is not significant for few reasons:
1. Luxure is a very new brand, just registered in 2016.
2. Where is the evidence of any 1 billion value?
Nevertheless, still a good start.
The team should not be carried away by such small achievement.
I don't want to speculate on China meeting, but good that the team continue to maintain its focus on China.
I strongly encourage the team to continue to find ways to work with the Chinese counterparts.