on LQR House (NASDAQ:LQR)
LQR House Inc. Achieves 424.58% Revenue Growth in October 2024
LQR House Inc., an e-commerce platform focused on the spirits and beverage sector, has reported a remarkable 424.58% increase in year-over-year revenue for October 2024. The company's revenue rose from $45,400 in October 2023 to $238,159.57 in October 2024, also marking an 8% growth from September to October of this year.
This growth is attributed to strategic partnerships and enhanced platform sales. Since its public listing in August 2023, LQR House has concentrated on creating sustainable partnerships and securing new marketing contracts monthly. Such partnerships are now a significant source of recurring revenue, supported by LQR House's proprietary marketing services.
CEO Sean Dollinger emphasized the value of these partnerships, which enhance brand visibility and drive traffic to CWSpirits.com, the company’s owned platform. LQR House remains committed to expanding its product range and intensifying strategic collaborations.
R. E.
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