In February 2018, EGG has reached an agreement with the largest retailer (Sales: US$13bn) in Korea regarding the supply of EGG potatoes. With the introduction of the new EGG variety, EGG’s goal is to capture 10% of the fresh potato market in Korea in the near future. Both parties are excited by this opportunity, a breakthrough for the Superior dominant market.
Recently EGG got purchase orders of 35 million of MCTs from big farmers’ associations for seed farming in 2020 and it will generate $60 million of sales revenue. These potato farms have tried EGG’s seed for last couple of years.