Better Choice Company Sees Investment By China's Boqii


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  • Animal health and wellness company, Better Choice Company Inc (NYSE:BTTR), has received investment from Boqii Holding Ltd (NYSE:BQ), China's largest pet-focused platform. 
  • The terms of the investment were not disclosed. 
  • Better choice reported a loss of $0.23 per share in the first quarter of FY21, with an 11.4% decrease in sales year-on-year. 
  • Boqii's cash and equivalents totaled $70.3 million as of December 31, 2020. 
  • "We are thrilled to have buy in from our partners in China, as we view this market as one of our fastest-growing most profitable opportunities," said Better Choice Chairman Michael Young. 
  • Price action: BTTR shares are trading lower by 1.91% at $4.36 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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