Peak Fintech Business Hub Client Earns Exclusive Distribution Rights To Red Bull Energy Drinks

Peak Fintech Group Inc. (PKK), an innovative Fintech service provider and manager of the Cubeler Business Hub, announced that Business Hub member, Xiamen Guangzhui Ltd. (“XGL”), a snack foods and soft drinks distributor, recently received the exclusive rights to distribute Red Bull energy drinks to Petro China and Sinopec convenience stores in 5 provinces in China.

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After joining the Business Hub in January 2021, XGL saw a significant increase in operations, which XGL credits for obtaining the exclusive rights from Red Bull. “The Business Hub is slowly changing the supply chain distribution landscape by virtually eliminating all logistics challenges, cashflow restrictions and payment delays, thus bringing unmatched efficiency to distributors like us,” commented XGL CEO Chunlin Wang. “I strongly believe that we can increase our sales by a factor of five (5), which we hope will get us exclusivity from Red Bull at convenience stores across the entire country by this time next year. I think it’s only a matter of time before the secret is out and distributors from all over the country start flocking to the Hub. It just wouldn’t make sense for them not to,” concluded Mr. Wang.

Peak and XGL also signed an agreement to make Red Bull available to XGL clients exclusively through the Company’s Gold River platform. This means that all Petro China and Sinopec convenience stores operating where XGL owns the exclusive distribution rights will eventually require accounts on the Business Hub in order to continue to sell the popular energy drink.

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