Ray J Closes a 31 Million Dollar Deal For His New Electric Transportation Brand Call "RAYCON"

Ray J Closes a 31 Million Dollar Deal
BHR HollyWood Reports.......The world is talking of this launch from Ray J "RAYCON" nobody knew the singer, songwriter, reality tv star was thinking like this....

Well now you know Ray J isn't playing any games, Just recent Ray j closes a monster deal for his New Transportation Brand.....

New Electric Transportation Brand "RAYCON"
The $31 million deal, paid in the form of equity and cash, was finalized between Ray J and Cowboy Wholesale, a leading distributor of consumer electronics based in New York City. Ray J takes an active full-time role in the newly formed partnership, overseeing marketing and global branding strategy.

As the entrepreneurial CEO of his own electronics brand in 2015, Ray J is best known for popularizing the Scoot-E-Bike, a foldable, two-wheeled electric vehicle. Today, Ray J believes Raycon is the next evolution for his business ventures.

Ray J achieved rapid corporate growth by implementing a viral organic marketing strategy. He secured product placements through celebrities such as Sean Combs, Brandy, Snoop Dogg, Chris Brown, Justin Bieber, Stephen Curry, Carl Delevingne, and professional athletic teams, including the L.A. Clippers and Los Angeles Rams. After finding success with his brands, Ray J secured a multi-million dollar partnership with Cowboy Wholesale to form Raycon. He currently takes an active full-time role with Raycon, overseeing marketing and global branding strategy.  
RAY J SIGNS THE DEAL
 
 With a family of innovative, high-demand electronics designed and backed by celebrities, Raycon addresses the everyday needs of the urban technophile, focusing on impactful electric transportation. “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,” said Ray J.  

The Raycon official product launch is scheduled for mid-November 2017. Raycon products will be available for purchase at rayconglobal.com.    


Raycon Global
Frank Di Olivero
Marketing Department

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