Agriculture and Technology

Plant-based egg startup aims to see profit next year, maybe IPO

Plant-based egg startup aims to see profit next year, maybe IPO

As shoppers raise grocery spending due to the COVID-19 pandemic, plant-based egg startup JUST said it aims to turn an operating profit before the end of next year and then will consider an initial public offering. Expectations for an IPO of the company, officially called Eat Just, have been fueled by a boom in demand for plant-based food.

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