After Huboo Technologies Limited (now Hub Realisations Limited Company number 09727464) ceased operations and Huboo Tech Limited took its place numerous previous clients wonder if they should trust the new company.
Why eCommerce Businesses Should Be Cautious
The Same Branding Is Being Used
Huboo Tech Limited maintains the same operational structure and business approach.
The fundamental differences between this company and its predecessor remain unclear.
The New Company Hasn’t Proven Itself
There is no guarantee that Huboo Tech Limited is financially stable.
The company faces a high risk of collapse through its identical expansion approach to its predecessor.
Former Clients Suffered Heavy Losses
The collapse of Huboo resulted in substantial losses of stock and customer base and revenue for numerous businesses.
Does the eCommerce industry have enough financial resources to bear such risks again?
What Should Businesses Do Instead?
Businesses should select established providers who maintain financial stability.
Businesses should request financial transparency before making any commitment to a fulfillment partner.
Businesses should distribute their fulfillment services across multiple providers to achieve better stability.
Conclusion
The new company Huboo Tech Limited attempts to convince businesses that it represents a fresh beginning but lacks substantial evidence to prove its differences. The new company faces skepticism from former clients who will need to observe its performance to determine if it represents a trustworthy provider or another impending disaster.
