Press Release
Gaucho Holdings New Business Segment Expands Their Value Proposition Within The Fintech And Real Estate Sector
–News Direct–
By Kyle Anthony, Benzinga
Gaucho Group Holdings, Inc. (NASDAQ: VINO), a company that includes a growing collection of e-commerce platforms with a focus on fine wines, luxury real estate and leather goods and accessories, recently announced the launch of their new business segment, Gaucho Open Asset Lending (GOAL), a new mortgage lending division. GOAL is intended to serve as the companys self-financing option for buyers of its unique luxury vineyard real estate project, Algodon Wine Estates, and potentially beyond.
Gaucho Holdings: Expanding The Value Proposition Within Argentinas Real Estate And Mortgage Lending Sectors
GOAL is a strategic move by Gaucho Holdings to diversify the companys revenue stream and is expected to be a significant growth segment in the future. The company offers prospective buyers self-financed mortgages, a move that could potentially generate substantial interest income. These options include 10-, 15- and 20-year mortgage terms, providing greater accessibility to over 400 vineyard estate lots on the Algodon Wine Estates, which Gaucho Holdings owns outrightly.
The company estimates that the potential revenue from the sale of these vineyard lots could be approximately $80 – 100 million, excluding any future appreciation. Even after the sale of all projected lots, Gaucho Holdings will retain over 2,500 acres for its operations and further development.
The company also has ambitions for GOAL beyond its current business use case and envisions it being a direct-to-consumer lender, providing innovative mortgage and lending solutions to Argentinians unable to access traditional financing options that have been largely unavailable to the public.
Gaucho Holding: Record Growth In The Argentine Wine Market
Gaucho Holdings continues to see success in its current business operations. Recently, they announced that wine sales in Argentina for the year to date in 2024 have increased by 217% compared to the same period last year, attributable to the expansion of the company's distribution networks throughout Argentina and other strategic initiatives.
Critical enhancements reported by Gaucho include improvements to operational infrastructure and distribution channels, the assiduous actions of its in-house wine sales management team, and contributions from the company's Argentina e-commerce website and other distributors.
Gaucho Holdings' success is not indicative of the overall Argentina wine industry. As the International Organization of Vine and Wine reported, Argentinian wine production fell to a historical low in 2023, primarily due to spring frosts and hailstorms. Beyond the climate, the changing economic landscape has made it difficult for some winemakers to export their goods profitably.
A Changing Argentine Economy
The Argentinian economy is in the midst of change. President Javier Milei continues to push austerity and deregulation measures in an effort to revive the countrys struggling economy. As reported by the Associated Press, Argentinas inflation rating has been decreasing, though it is still amongst the highest globally.
From a currency standpoint, Milei has maintained his message about replacing the Argentinian peso with the U.S. dollar, which has sent the peso downward. Though the newly elected government's economic cutbacks have been extensive, they have been welcomed by the nations creditors and many market players. So much so that the International Monetary Fund (IMF), Argentinas biggest creditor, recently released the latest tranche of loans due under a bailout program. The IMF deal follows the completion of its review of Argentinas compliance record and confirms the next $792 million payment will become available to the government in June 2024.
Gaucho Holdings' success and new endeavor come at an inflection point in Argentinas economic journey. As the nations economic prospects improve, the company foresees the economy stabilizing and is proactively positioning itself to provide an emergent need financing for individuals and entities entering the real estate sector.
Featured photo by Dan Meyers on Unsplash
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.
Contact Details
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View source version on newsdirect.com: https://newsdirect.com/news/gaucho-holdings-new-business-segment-expands-their-value-proposition-within-the-fintech-and-real-estate-sector-434340938
Benzinga
COMTEX_453434271/2655/2024-06-06T08:24:47
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Press Release
WHY VANESSA HUDGENS CHOSE AMAZON’S EKOUAER OVER LUXURY LABELS — AND WHAT IT REVEALS ABOUT FASHION’S NEW ERA
New York, US / Timesnewswire / October 2, 2026 – For decades, A-list celebrity endorsements followed a predictable blueprint: high fashion, multi-million-dollar haute couture deals, and unattainable luxury. But this fall, Hollywood star Vanessa Hudgens is continuing her game-changing fashion narrative with Amazon’s sleepwear and loungewear giant, EKOUAER.
First announced as an official EKOUAER Brand Friend earlier this July, Hudgens’ collaboration with the brand hits a major crescendo this October as EKOUAER celebrates its 11th Anniversary. Rather than aligned with exclusive runaway brands, Hudgens has embraced the ultimate daily wardrobe staple used by millions of everyday women across America.
“Becoming a mom has definitely made me appreciate versatility even more,” says Vanessa Hudgens. “I want pieces that are comfortable and easy for everyday life, but that I can dress up and still feel really good in.”
As EKOUAER marks its 11-year milestone, the timing coincides with October’s major Amazon shopping moment, proving that “everyday comfort” is officially beating traditional luxury status symbols. The star’s fall favorites spotlight pieces engineered for multi-scenario living, including the viral Ekouaer Satin Pajamas Set with Bow Tie Front and and the versatile, ultra-cozy Ekouaer 2-Piece Pleated Lounge & Sweater Set. “For me, it’s about finding that sweet spot where you feel comfortable but still put together,” Hudgens adds. “I love being able to take the same piece and completely change the feeling of it depending on how I style it.”
As EKOUAER kicks off its 11th Anniversary celebrations, the alliance redefines modern celebrity style: luxury isn’t about the price tag—it’s about effortless comfort.
EKOUAER
Dana Li
New York, US
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE
The Indian-born businessman has lived and worked in the UAE since 1983. Now 70, he has taken a single grocery store online, and it handles around 400 orders a day.
Dubai, Al Nahda 1, United Arab Emirates, 2nd Oct 2026 – When shipments were getting stuck and many small shops decided to sit tight, Lalit Kumar did the opposite. At 70, the owner of Natural Spices and Foodstuff Trading LLC moved his grocery business online. Today it delivers to customers in every emirate.
He started with one retail outlet and five staff. The business now handles about 400 orders a day through its own website, NaturalSpicesUAE.com, and through the UAE’s major online marketplaces. It sells spices, herbs, Indian groceries, snacks, dry fruits and other daily essentials.
Forty Years in the UAE
Mr. Kumar came to the UAE from India in 1983. Since then he has run businesses in electronics, transport, and oil and gas, and now in foodstuff. He says each one prepared him for the next. Electronics taught him how customers think. Transport taught him about timing. Oil and gas taught him patience.
“I came here as a young man and this country gave me a chance. It gave my family a home. I have never taken that for granted, and everything I build here is my way of saying thank you.”
— Lalit Kumar, Owner, Natural Spices and Foodstuff Trading LLC
Moving When Others Waited
The shift online came at a hard time for retail. Deliveries were running late, costs were going up and fewer people were walking into shops. Mr. Kumar decided not to wait it out.
With his team of five, he set up online ordering, reorganised the stock and worked out packing and delivery, all from the same store they were already running. The website went live, the products went onto the marketplaces, and orders started coming in from across the country.
“I have seen this market go up and down many times since 1983. If you stop every time things get difficult, you will never move. At my age people expect me to slow down. I would rather see what comes next.”
— Lalit Kumar
Still in the Store Every Day
Orders now go out to Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. Customers say they come back for the range, the fair prices and delivery they can count on.
Growth hasn’t pulled Mr. Kumar away from the business. He is in the store every day. He talks to customers himself, bargains with suppliers and makes the big decisions. His staff say he has more energy than most of them, and he still knows many of his regulars by name.
“A customer is a person, not an order number. Whether they walk into the shop or order from Fujairah, they should get the same respect and the same fair price. That is how I have always worked. A website doesn’t change that.”
— Lalit Kumar
Looking Ahead
Over the coming months, the company plans to add more products, grow its marketplace presence and improve delivery across the UAE.
“I have been building businesses in this country for more than forty years, and I still feel like I’m starting out. As long as I have the energy, I’ll keep going, for my customers, my team and for the UAE.”
— Lalit Kumar
About Natural Spices and Foodstuff Trading LLC
Natural Spices and Foodstuff Trading LLC is a UAE-based grocery and foodstuff company serving customers through its retail outlet, its e-commerce platform NaturalSpicesUAE.com and leading online marketplaces across the United Arab Emirates. The company offers spices, herbs, Indian grocery products, snacks, dry fruits and other food essentials. It is owned and led by Lalit Kumar, who has been in business in the UAE since 1983 across the electronics, transport, oil and gas, and foodstuff sectors.
Media Contact
Organization: Natural Spices and Foodstuff Trading LLC
Contact Person: Lalit Kumar Kundani
Website: https://naturalspicesuae.com/
Email: Send Email
Contact Number: +971529941656
Address: Al Bannai Building, Shop 1, Al Amman Street, Al Nahda 1, Dubai, UAE
City: Dubai
State: Al Nahda 1
Country: United Arab Emirates
Release id: 45332
The post From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Press Release
Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments
Memito, a community meme token on Ethereum, has opened a token sale on memito.org. The price is calculated by a formula in the verified smart contract, and the sale accepts five assets on Ethereum, a bridge from five networks and a wide range of wallets.
Canada, 2nd Oct 2026 – Memito (MEMITO), a community meme token on Ethereum, has opened its public token sale at memito.org, making participation available worldwide in 24 languages, with five payment assets, a built-in bridge from five networks and support for seven popular wallets. The sale is run directly by the token’s smart contract, which is published and verified on Etherscan.
Formula-based pricing set in the contract
Instead of fixed sale rounds, the token price is calculated by a formula written into the smart contract. The formula starts at 0.00000018585 USD per token and adjusts the price according to the total amount raised in the sale. Before confirming a transaction, each participant is shown the calculated quote for the selected amount. Tokens are transferred to the participant’s wallet within the same on-chain transaction, so there is no separate claim step. Trading of the token has not opened, and no date has been set.
Payment options across networks
The sale accepts ETH, USDT, USDC, DAI and WBTC on Ethereum, with individual transactions from about 1 USD to 10,000 USD. For users whose funds are held on BNB Chain, Arbitrum, Base, Polygon or Optimism, the website integrates the third-party LI.FI bridge, which can move funds to ETH on Ethereum and shows the route fees before signing. The website is available in 24 languages.
The sale page supports MetaMask, Trust Wallet, OKX Wallet, Bitget Wallet, Binance Wallet and Bybit Wallet (via WalletConnect), as well as other WalletConnect-compatible wallets, on desktop and mobile devices.
“Memito started as a meme, but we are building it as a community first,” the Memito team said. “We wanted anyone, from any network and in their own language, to be able to join from day one, with the rules of the sale written openly into the contract. The community on X and Telegram is where we share every next step.”
Token details
The token contract address is 0xe02AD79732658a2ec2C85Ecd15De5E08A311373C. Maximum supply is 420,690,000,000,000 MEMITO. When trading opens, the final supply is allocated as follows: 60% to buyers, referrals and the liquidity pool, 10% to a reserve, 15% to the founder share held in the project’s Ecosystem Wallet and 15% to the treasury. The deploying wallet received no tokens at launch.
About Memito
Memito (MEMITO) is a community meme token (ERC-20) on Ethereum, distributed through a formula-priced token sale on memito.org. More information is available on the project website and on its X and Telegram channels.
The token sale is open now at memito.org, where participants can review the contract details and the current quote before taking part.
Website: memito.org | X: @MEMITO_COIN | Telegram: t.me/memito_coin
Disclaimer: This press release is provided for information purposes only and is not investment advice. Crypto-assets carry risk, including the loss of funds. Readers should do their own research.
Media Contact
Organization: Memito
Contact Person: Memito Team
Website: https://memito.org
Email: Send Email
Country: Canada
Release id: 49614
The post Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
WHY VANESSA HUDGENS CHOSE AMAZON’S EKOUAER OVER LUXURY LABELS — AND WHAT IT REVEALS ABOUT FASHION’S NEW ERA
From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE
Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
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