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U.S. Juul e-cigarette acquires a stake in Marlboro's parent companyU.S. Juul e-cigarette acquires a stake in Marlboro's parent company

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U.S. Juul e-cigarette acquires a stake in Marlboro's parent company

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U.S. Juul e-cigarette acquires a stake in Marlboro's parent company

The traditional cigarette market is shrinking, and tobacco companies have to find more ways to save the company's performance. Many media reports stated that U.S. tobacco company Altria will invest US$12.8 billion in e-cigarette company Juul and acquire a 35% stake in Juul. CNBC The report mentioned that this transaction is expected to be announced before the market on Thursday. Altria owns the world's best-selling cigarette brand Marlboro, and Juul is the most popular e-cigarette in the U.S., accounting for 70% of the market share in Canada. , The United Kingdom, Israel, and Russia sell products, and are interested in expanding their businesses in Europe and Asia. Juul's e-cigarettes, which resemble USB flash drives, are popular. Juul's valuation is about 38 billion U.S. dollars. The US$50 million SpaceX (valued at US$30.5 billion) is more than three times (US$12 billion) the valuation of Pinterest, the picture social sharing site that plans to IPO next year. The cigarette market is shrinking, and the established tobacco company Altria is eager to find new growth. Space. Since the beginning of this year, Altria's stock price has fallen by nearly 30%, which is slightly lower than the overall tobacco industry. Since the beginning of this year, Altria and the tobacco industry's stock prices have plummeted and the rapidly expanding Juul is just in line with Altria's needs. The Wall Street Journal cited news. According to the evaluation, Juul's gross profit is as high as 75%, far surpassing traditional tobacco companies, and the annual revenue is expected to reach 2 billion U.S. dollars. Stimulated by the news of investing in Juul, Altria's stock price rose 1% overnight. Earlier this month, Altria also made a US$1.8 billion investment in Canadian cannabis company Cronos, marking the expectations of traditional tobacco companies for the legalization of cannabis. E-cigarette producer Juul is receiving close attention from the U.S. FDA, and e-cigarettes seem to be becoming a cigarette for teenagers. Alternatives. According to data disclosed by the FDA, one in five American high school students smokes e-cigarettes, an increase of 78% from last year; the number of middle school students who smoke e-cigarettes is as high as 3.6 million. Media reports also mentioned that this The transaction will allow Juul to enter Altria's convenience store shelves and obtain relevant marketing resources.

The traditional cigarette market is shrinking, and tobacco companies have to find more ways to save the company's performance. Many media reports stated that U.S. tobacco company Altria will invest US$12.8 billion in e-cigarette company Juul and acquire a 35% stake in Juul. CNBC The report mentioned that this transaction is expected to be announced before the market on Thursday. Altria owns the world's best-selling cigarette brand Marlboro, and Juul is the most popular e-cigarette in the U.S., accounting for 70% of the market share in Canada. , The United Kingdom, Israel, and Russia sell products, and are interested in expanding their businesses in Europe and Asia. Juul's e-cigarettes, which resemble USB flash drives, are popular. Juul's valuation is about 38 billion U.S. dollars. The US$50 million SpaceX (valued at US$30.5 billion) is more than three times (US$12 billion) the valuation of Pinterest, the picture social sharing site that plans to IPO next year. The cigarette market is shrinking, and the established tobacco company Altria is eager to find new growth. Space. Since the beginning of this year, Altria's stock price has fallen by nearly 30%, which is slightly lower than the overall tobacco industry. Since the beginning of this year, Altria and the tobacco industry's stock prices have plummeted and the rapidly expanding Juul is just in line with Altria's needs. The Wall Street Journal cited news. According to the evaluation, Juul's gross profit is as high as 75%, far surpassing traditional tobacco companies, and the annual revenue is expected to reach 2 billion U.S. dollars. Stimulated by the news of investing in Juul, Altria's stock price rose 1% overnight. Earlier this month, Altria also made a US$1.8 billion investment in Canadian cannabis company Cronos, marking the expectations of traditional tobacco companies for the legalization of cannabis. E-cigarette producer Juul is receiving close attention from the U.S. FDA, and e-cigarettes seem to be becoming a cigarette for teenagers. Alternatives. According to data disclosed by the FDA, one in five American high school students smokes e-cigarettes, an increase of 78% from last year; the number of middle school students who smoke e-cigarettes is as high as 3.6 million. Media reports also mentioned that this The transaction will allow Juul to enter Altria's convenience store shelves and obtain relevant marketing resources.

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U.S. Juul e-cigarette acquires a stake in Marlboro's parent company

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The traditional cigarette market is shrinking, and tobacco companies have to find more ways to save the company's performance. Many media reports stated that U.S. tobacco company Altria will invest US$12.8 billion in e-cigarette company Juul and acquire a 35% stake in Juul. CNBC The report mentioned that this transaction is expected to be announced before the market on Thursday. Altria owns the world's best-selling cigarette brand Marlboro, and Juul is the most popular e-cigarette in the U.S., accounting for 70% of the market share in Canada. , The United Kingdom, Israel, and Russia sell products, and are interested in expanding their businesses in Europe and Asia. Juul's e-cigarettes, which resemble USB flash drives, are popular. Juul's valuation is about 38 billion U.S. dollars. The US$50 million SpaceX (valued at US$30.5 billion) is more than three times (US$12 billion) the valuation of Pinterest, the picture social sharing site that plans to IPO next year. The cigarette market is shrinking, and the established tobacco company Altria is eager to find new growth. Space. Since the beginning of this year, Altria's stock price has fallen by nearly 30%, which is slightly lower than the overall tobacco industry. Since the beginning of this year, Altria and the tobacco industry's stock prices have plummeted and the rapidly expanding Juul is just in line with Altria's needs. The Wall Street Journal cited news. According to the evaluation, Juul's gross profit is as high as 75%, far surpassing traditional tobacco companies, and the annual revenue is expected to reach 2 billion U.S. dollars. Stimulated by the news of investing in Juul, Altria's stock price rose 1% overnight. Earlier this month, Altria also made a US$1.8 billion investment in Canadian cannabis company Cronos, marking the expectations of traditional tobacco companies for the legalization of cannabis. E-cigarette producer Juul is receiving close attention from the U.S. FDA, and e-cigarettes seem to be becoming a cigarette for teenagers. Alternatives. According to data disclosed by the FDA, one in five American high school students smokes e-cigarettes, an increase of 78% from last year; the number of middle school students who smoke e-cigarettes is as high as 3.6 million. Media reports also mentioned that this The transaction will allow Juul to enter Altria's convenience store shelves and obtain relevant marketing resources.

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