Bubs Australia
(ASX:BUB) says it will at least double revenue with a $17 million dollar deal with New Times Asia.
The organic baby food company has inked a long-term supply agreement with the China based supply chain and service provider.
The deal will enable the company to supply bubs and Caprilac products to up to 20 e-commerce platforms in China.
CEO Kristy Carr says the 17 million dollar deal represents at least a 100 per cent increase to total sales revenue.
Under the deal New Times Asia has committed to purchasing minimum volumes of Bubs and Caprilac products.
Shares in Bubs
(ASX:BUB) are trading up 9.8 per cent to 84 cents.
