Enjoy Technology, Inc. (“Enjoy” or the “Company”) (NASDAQ: ENJY), a technology-powered service platform reinventing “Commerce at Home,” today announced that shares of its common stock will begin trading on the Nasdaq stock exchange today under the ticker symbol “ENJY” following the completion of its business combination with Marquee Raine Acquisition Corp. (“Marquee Raine”). The combined company is now operating as Enjoy Technology, Inc. and will continue to be led by CEO and Founder Ron Johnson. Enjoy raised more than $250 million gross in growth capital over the course of the transaction to accelerate the Company’s growth and expansion plan.
“Becoming a public company is an incredible achievement in Enjoy’s vision to reinvent ‘Commerce at Home,’” said Ron Johnson, CEO and Founder of Enjoy. “We are pioneering the next disruptive channel in retail and helping our partners reimagine their last mile. With the growth capital from our combination with Marquee Raine, Enjoy will open more mobile stores, deepen our relationships with our partners and expand with new services. I am proud of all the Enjoy team has accomplished and thrilled about the growth opportunities ahead for Enjoy.”
As Enjoy expects the retail market to accelerate its shift toward “Commerce at Home,” Enjoy continues to see increasing demand for its fast, convenient and personalized retail experiences and services. This quarter, Enjoy is launching its complete Smart Last MileTM solution in North America, a transformational service expansion that increases Enjoy’s inventory access in time for the 2021 holiday season. In response to requests from its key partners, Enjoy plans to expand to serve a total of approximately 100 North American markets and about 235 million addressable customers globally by the end of 2022.
Source: Business Wire
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