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Helping Hands

Two Hands Group Pivots to Focus Entirely on Food Delivery Services

July 20, 2021

Two Hands (OTC Pink: TWOH) is a food distribution company with three on-demand food brands; GoCart.City, Grocery Originals, and Cuore Food Services. As demand continues to increase for grocery delivery options, Two Hands doubles down on delivering fresh food, fast.

 

Two Hands Highlights

  • Opportunity – The pandemic has caused an increase in demand for grocery delivery. 
  • Market Growth – The online grocery shopping market is expected to continue growing at a CAGR of 24.8% through 2027.
  • Scalability – Margins for grocery/food delivery are favorable, and the business model can scale easily to fit demand. 

Growing Revenue – Two Hands is already seeing quarter-over-quarter growth. They have increased their revenue from $7,993 in Q2 of 2020 to $189,157 in Q2 2021.

 

Delivering Groceries to the Greater Toronto Area

 

Two Hands On Deck!

Taking advantage of the boom in grocery/food delivery, Two Hands has made the strategic decision to focus entirely on their on-demand grocery services. “As we shift to solely focus our attention on the food industry and align with our customers’ needs, we are confident we will unlock the current growth potential that exists in the market,” said Nadav Elituv, CEO of Two Hands Corporation. 

Two Hands currently has three brands delivering exceptional services to their clientele;

GoCart.City, is an online delivery marketplace that launched last summer delivering fresh and high-quality produce, meats, pantry items, bakery & pastry, gluten-free, and organic items throughout Southern Ontario. Recently onboarded local renown chef, Grace DiFede, is curating a new line of meal kits and bundles to sell alongside our everyday grocery essentials. The GoCart.City line of products come from long partnerships with local and international suppliers to deliver the highest quality products to our customers.

Grocery Originals, is a brick-and-mortar retail experience that was recently launched in Mississauga, Ontario. It is fully equipped with a deli, cold storage, and a stone pizza oven. It will also be offering a wide variety of fresh and specialty meals curated by Corporate Executive Chef, Grace Di Fede.

Cuore Food Services, is a food import and distribution brand that operates in a wide range of channels including food service, retail chains, hotels, and restaurants. Essential offerings from Cuore range from Italian themed oils, pastas, sauces, to dry packed goods, to exclusive wines, coffees, and desserts.

These brands work synergistically, enhancing the customer experience overall and offering something for everyone. 

 

Grocery Delivery

According to a Grandview Research report, the global online grocery market was valued at $189.81B in 2019 and is projected to register a CAGR of 24.8% from 2020 to 2027. That represents a massive opportunity for Two Hands.

The pandemic absolutely boosted sales and visitors in the short term, but even as restrictions are being lifted, many users have continued to use the app. GoCart is actively expanding their delivery radius, and pursuing partnerships and programs to boost their brand. 

 

Recent Press Releases

 

A Stock in the Hand (or Two)

Based on current trends, grocery delivery isn’t going away. The success of Instacart, Postmates, and other food-delivery companies tells us that this mine is a rich one. The approach Two Hands is taking is a refreshing one, as they are starting with a focus on higher-quality, local grocers. Additionally, their brick-and-mortar play, alongside a larger distribution brand makes us confident that their plans to scale are going well. Overall, we think that a stock in Two Hands is going to be one you’re glad you didn’t leave in the bush. 

 

Board of Directors 

Nadav Elituv

President, Chief Executive Officer and Director

Mr. Elituv previously served as the President and Founder of Imagin8. Imagin8 is a startup and leading developer of hand and body motionbased interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Mr. Elituv is the results-driven leader of an innovative digital technology enterprise, for over twenty years. With a track record for building, developing and motivating high-performance teams and is an expert in high-tech systems. This includes the design and implementation of computer-vision and gesture-recognition software. Mr. Elituv has solid career experience driving strategic initiatives and meeting critical business mandates

 

Bradley Southam

Independent Director 

Bradley Southam has an extensive career in the creative field spanning more than 20 years. His knowledge and contacts in the Digital industry will offer our company insight and direction. Mr. Southam is the Chair of the Cambridge Arts and Culture Advisory Committee, and a board member of the Grand River Film Festival. From June 2008 Mr. Southam has been the Owner and Creative Director at Linus Creative Services. He previously served as the Creative Director at OTG Technologies Group from January 2003 to September 2008

 

Ryan Wilson

Independent Director 

Ryan Wilson has an extensive career in the Digital field spanning more than 20 years of his career advancing digital initiatives, with a track record that speaks for itself, including digital marketing, digital strategy and digital transformation through innovation for Financial Services. Primarily influencing leadership teams and building implementation teams for site and app development. From developer to director Ryan has been involved in all aspects of digital development. Currently focusing on technologies such as Block Chains, NLP (natural language processing), AI and machine learning, at an insurtech innovation lab. Defining the ultimate customer experience across all digital channels is a primary responsibility. Using design thinking methodologies and an agile approach, Ryan’s success has centred around implementing pilot projects, planning migrations, post implementation iterations, risk planning, and digital transformation. He has worked at many top Canadian brands, ranging from media conglomerates, banks, mutual fund companies and one of the largest pension plans in the world. Ryan has put them on the map digitally.

Visit: TWO HANDS Corporation

Two Hands Investor Group

Sources

  1. https://www.grandviewresearch.com/industry-analysis/online-grocery-market#:~:text=Report%20Overview,24.8%25%20from%202020%20to%202027.
  2. https://www.grandviewresearch.com/industry-analysis/cannabidiol-cbd-market
  3. https://www.wf-lawyers.com/divorce-statistics-and-facts/#:~:text=Almost%2050%20percent%20of%20all,end%20in%20divorce%20or%20separation.

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  • Name of Issuer & Ticker Symbol - Two Hands Group (TWOH)
  • Amount & Form of Compensation - 500,000 in Common Stock
  • Who Paid for the Campaign & Position with Company if any - Two Hands Group (TWOH)
  • Period of Campaign - 11/10/2020 - 10/27/2021
What securities of the Profiled Issuers do we hold? The positions we hold of the Profiled Issuer are set forth below. We plan to sell these securities during the Campaign.
  • Name of Issuer & Ticker Symbol - Two Hands Group (TWOH)
  • Number of Shares We or our Affiliates Hold - 142,857,143
  • Price We Paid Per Share - $0
  • Date Issued - 10/7/2020

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