Jive adds the UK, Cyprus and Greece to its global expansion, with more than 700 stores
Jeff, the company that seeks to democratize entrepreneurship with its “business in a box” concept.’, does not stop growing worldwide in 2022. Specifically, this year it has accelerated its expansion in Europe with new and recent openings in the UK, Greece and Cyprus; Thus, Jeff already has more than 700 stores all over the world.
In this sense, and within its internationalization strategy, it closed a few months ago a multi-unit sale that will allow it to open 46 new Jive points in 5 years. This agreement coincided with the company opening its first point in Cyprus, in the UK, and Mr. Geoff’s first location on the island of Mykonos (Greece), adding to the 14 establishments already operating in the country.
Currently, Jeff is in 35 countries, including the United States, where he landed in 2020 and already has four establishments. Through its offline stores, web and mobile applications, Jeff provides various services aimed at facilitating the daily lives of users. But some of the countries Jeff is in are: Hong Kong, Kenya, Singapore, Egypt or the Philippines.
Jeff’s five segments, from coffee to co-working
The company, based in Valencia, was founded in 2015 under the name of Mr. Jeff, starting its activity in home laundry and dry cleaning services. Currently, the Jeff brand gathers all platform activities: Mr Jeff, Beauty Jeff -beauty services-, Relax Jeff -wellness services-, Fit Jeff -sports services-, Jeff Works-Coworking space- and Coffee Jeff -cafeterias to take away-.
Jeff Capital, Jeff’s solution for financing entrepreneurs in its ecosystem
In April 2022, Jeff launched Jeff Capitala new business line target Funding entrepreneurs in its ecosystem Thus solving their liquidity needs. Thus Jeff became the first major platform in Spain to launch this service for its sellers.
The loans will be used to promote the growth of the business, primarily through online marketing campaigns using Jeff’s automated service. Access to the capital will initially be available to dozens of hubs in Spain and Latin America. The amount of the loans will be around 1,000 euros in this first phase, depending on the needs of the point, with repayment terms of less than twelve months.
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