YuuZoo critics need first to understand its business model
DON'T criticise what you can't understand, Bob Dylan famously sang in his 1964 anthem of change The Times They Are A-Changin'. The Singapore market, it appears, is doing that to YuuZoo, a company whose business model is understood by few.
Some critics, for example, are giving YuuZoo a wide berth as they perceive its business model as being too complex, one that will perhaps be better received in a bourse elsewhere, such as in Australia.
"The market doesn't quite understand the business," YuuZoo co-founder and chairman Thomas Zilliacus has time and again lamented. YuuZoo…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft launches lightweight AI model
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in