ECONOMY: The e-cigarette maker Juul is doing better than Facebook in terms of expansion!

ECONOMY: The e-cigarette maker Juul is doing better than Facebook in terms of expansion!

If the e-cigarette manufacturer Juul Labs continues to be controversial, it surprises especially the economic world by beating records! Not long ago, the famous American manufacturer managed to meet and even exceed its economic estimate. Reaching and exceeding a valuation level of $ 10 billion 4 times faster than the monster Facebook, Juul shows the importance of the e-cigarette industry. 


AN EXPANSION WHICH EXCEEDS IMAGINATION AND WHICH RIDICULATES THE GIANT FACEBOOK!


In the United States, the word “e-cigarette” could be replaced by the model “Juul”! A real cultural and health tool, the e-cigarette produced by Juul Labs strikes a big blow in the big world of the economy by doing better than the monster " Facebook

Indeed, the company managed to reach and exceed a valuation level of $ 10 billion (known as "decacorn") just seven months after its first venture capital raise. Citing data collected from venture capital database Pitchbook, Yahoo Finance says that the company Juul Labs has just broken a record of speed to achieve this special status.

According to the report, Juul managed to achieve decacorn status four times faster than Facebook which is the former record holder. Currently, the company Juul Labs is valued at $ 15 billion.

Extremely popular on the market, Juul Labs is an undisputed leader! According to data obtained by Yahoo Finance, the company now represents 73% of all sales of electronic cigarettes in the United States and its turnover is around 1,5 billion.

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Passionate about journalism, I decided to join the editorial team of Vapoteurs.net in 2017 in order to mainly deal with vape news in North America (Canada, United States).