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Ray J’s tech company—Raycon—projected to make $200 million in sales in 2020

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Raycon, one of the latest new tech companies to emerge under the leadership of multi-talented new tech mogul Ray J is projected to make $200 million in sales in 2020 with his latest partnership with LOOPShare. Ray J’s company, which currently, focuses on providing a quality, true-wireless audio experience, for affordable prices, has already made over $10 million in sales in 2019. His forthcoming Scoot-E Bike is set to make $200 million in sales this year and $2 billion in coming years, with the industry’s shifting focus to renewable green energy. He has partnered with the Canadian ridesharing company LOOPShare, to market the re-release of his already successful, and heavily celebrity-marketed Scoot-E Bikes. The partnership has already earned Ray J $34 million.

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Written by Jasmine Joseph

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