Jiuzi Holdings Secures $80mln Strategic Investment, Shares Surge Over 19%

Jiuzi Holdings has secured an $80 million strategic investment from a undisclosed institution for the subscription of 40 million ordinary shares at $2.00 per share. The investment represents a significant milestone for the company, with its shares rising over 19% following the announcement. The investment is expected to support Jiuzi's growth and expansion plans.