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UOB Kay Hian starts Y Ventures at ‘buy’ with explosive growth expected

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
UOB Kay Hian starts Y Ventures at ‘buy’ with explosive growth expected
SINGAPORE (Aug 22): UOB Kay Hian is initiating coverage on e-commerce company Y Ventures Group (YVEN) with a “buy” call and a target price of 28 cents.
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SINGAPORE (Aug 22): UOB Kay Hian is initiating coverage on e-commerce company Y Ventures Group (YVEN) with a “buy” call and a target price of 28 cents.

“Investors can look forward to explosive growth while being rewarded through dividends,” UOB’s Singapore research team says in a retail report on Tuesday.

YVEN uses its proprietary data analytic systems to capitalise on price and feature trends to sell its products on leading e-commerce platforms globally. It currently retails over 5,500 products across more than 20 online marketplaces, including on Amazon, eBay, Qoo10, Lazada, and Carousell.

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