IJooz squeezes US$2.5 million in net profit in FY 2024

IN JAPAN, where fresh fruit is considered a luxury item, a single orange can cost US$13.

It’s no surprise then that IJooz, a vending machine startup specialising in fresh and affordable orange juice, has become a hit.

Founded in Singapore in 2016, IJooz’s machines have been deployed to 32 countries worldwide. These machines dispense cups of freshly squeezed juice, priced at S$2 in Singapore and 350 yen (US$2.92) in Japan. They are equipped with an IoT device that enables the company to remotely monitor when they need replenishing.