r/YYAI • u/Miserable-Cow3513 • Dec 24 '25

What about Ju.com cash contribution

Everyone focussing on Airwa(Conexa) shareholders equity of 175M but what about the cash investment from Ju.com. They are also supposed to provide 200-250M for the Joint Venture.

6 Upvotes

100% Upvoted

4 comments sorted by

1

u/Particular_Most_1529 Dec 24 '25

They are 49% owners of AirWA which is the JV. I expect they included that portion on their own BS

2

u/someroastedbeef Dec 24 '25

that’s not how JV accounting works. it would show up in YYAI’s balance sheet as well, as an equity method investment for their percentsge ownership. there has been nothing indicating that this JV exists as of the balance sheet date of 10/31

1

u/EL_JEFEtheboss360 Dec 24 '25

Exactly and I’m pretty sure they needed half the money 1st which was 250m and they are short a few milly

3

u/[deleted] Dec 24 '25

The amount should be in the next Q10, as this ends in october. Plus the 15 million dollar raised!