Social Tech, Super App Innovator
Bebuzee, Inc. (OTC: ENGA) Launches Subsidiary to Acquire and
Monetize Real Estate with Initial Acquisition of over 500
Apartments and Villas in Spain's High Demand Costa del
Sol
MIAMI, FL -- August 24, 2022 --
InvestorsHub NewsWire -- Bebuzee, Inc. (OTC
Pink: ENGA) a social platform and streaming service focused on
development and deployment of America's first SuperApp, has
initiated formation of a wholly owned subsidiary. Bebuzee Spain,
with a focus on real estate asset acquisitions to align with its
Properbuz, which digitally captures and generates highly accurate
real estate listings through credible user profiles. Properbuz
artificial intelligence matches real estate searchers with ideal
neighborhoods based on search criteria and driven by real world
reviews.
A super-app is a
single mobile app that offers basic services including chat and
payments, along with a suite of "mini-apps", ranging from stores
and restaurants to government agencies. Westerners aren't familiar
with them, but across much of Asia, super-apps are the internet.
Upon finalization of incorporating Bebuzee Spain,
the company will begin acquiring a portfolio of real estate
consisting of more than 500 apartments and villas in Spain's
coveted destination, Costa del Sol, featuring beautiful coastal
areas like Marbella.
CEO Joseph Onyero
states, "We are thrilled to be launching this initiative as part of
our as a perfect complement to Properbuz, adding a comprehensive
social and transactional real estate element to our continually
evolving Bebuzee Super App."
"Properbuz is
the only real estate
technology in the world that is connected to a social networking
app. We seamlessly connect the millions of Bebuzee users to our
built-in Properbuz service allowing them to search for properties
to rent or purchase near home or in other places in the world. In
addition, the user data we will be aggregating as part of the
bigger picture can provide exponential fundamental value for the
Company and its Shareholders."
SAFE HARBOR: This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 21E of the Securities Exchange Act of
1934, as amended, about Bebuzee, Inc. and the company's industry
that involve substantial risks and uncertainties. All statements
other than statements of historical facts contained in this press
release, including statements regarding the proposed terms of the
shares, the completion, timing, and size of the proposed offering
of the shares, and the anticipated use of the net proceeds from the
proposed offering of the shares are forward-looking statements. In
some cases, you can identify forward-looking statements because
they contain words such as "anticipate," "believe," "contemplate,"
"continue," "could," "estimate," "expect," "going to," "intend,"
"may," "plan," "potential," "predict," "project," "should,"
"target," "will," or "would" or the negative of these words or
other similar terms or expressions. Snap cautions you that the
foregoing may not include all of the forward-looking statements
made in this press release.
You should not rely on forward-looking statements
as predictions of future events. Bebuzee has based the
forward-looking statements contained in this press release
primarily on its current expectations and projections about future
events and trends, including its financial outlook and the ongoing
COVID-19 pandemic, that it believes may affect the company's
business, financial condition, results of operations, and
prospects. These forward-looking statements are subject to risks
and uncertainties related to: Bebuzee's financial performance; the
lack of historical profitability; the ability to generate and
sustain positive cash flow; the ability to attract and retain
users, publishers, and advertisers; competition and new market
entrants; managing Bebuzee's international expansion and growth and
future expenses; compliance with new laws, regulations, and
executive actions; the ability to maintain, protect, and enhance
Bebuzee's intellectual property; the ability to succeed in existing
and new market segments; the ability to attract and retain
qualified and key personnel; the ability to repay outstanding debt;
future acquisitions, divestitures or investments; and the potential
adverse impact of climate change, natural disasters, and health
epidemics, as well as risks, uncertainties. In addition, any
forward-looking statements contained in this press release are
based on assumptions that Bebuzee believes to be reasonable as of
this date. Bebuzee undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after
the date of this press release or to reflect new information or the
occurrence of unanticipated events, except as required by
law.
Contact:
Bebuzee, Inc.
www.Bebuzee.com
pr@bebuzee.com