Ray J Is Making Marks in the Technology World!

 

Ray J just closed a $31 millin deal to launch Raycon, his new electronic transportation brand.

Singer & TV personality, Ray J, has announced a new $31 million deal to secure the launch of his electronic transportation brand, Raycon. Ray J finalized the deal with Cowboy Wholesale, who is a leading distributor of consumer electronics based out of New York City. Little did I know, Ray J has been the CEO of his own electronics brand, Raytronics, and in 2015, it became known best for the Scoot-E-Bike. The bike is a foldable 2 wheeled electric vehicle.

In describing the everyday need of urban technology making an impact on electrical transportation, per BusinessWire, Ray J stated “The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are going to make sure we are one of the first ones there.”

This partnership Ray J has with Cowboy Wholesale, is expected to be a great & profitable move. Cowboy Wholesale, per their agreement, will come with a management team that includes a board of advisers who already have great business relations with companies such as Sony, Coby Electronics, and Pepsi. As the only distributer of Raycon, Cowboy Wholesale, will be marketing products in the United States, Asia, and Europe.

I personally want to give Ray J a virtual hive five for consistently working & upgrading his brand to be more than just as an entertainer. We actually are seeing a different layer to Ray J instead of the used to be drama filled singer/entertainer & I truly am learning to respect him for the man that he is, Willie Norwood Jr.

To check out the interview Ray J did with Cheddar TV about the $31 million deal click here.

The official product launch will be in mid to late November 2017 & available for purchase at rayconglobal.com

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