Strategic acquisition expected to accelerate Rezolve Ai’s global expansion with advanced search and product discovery technology powering over $30B in annual retail salesNEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-powered commerce and digital engagement solutions, today announced the successful closing of its acquisition of GroupBy Inc., GroupBy International Ltd., GroupBy USA Inc., and GroupBy UK Ltd.(collectively, "GroupBy”), a leading commerce search and product discovery platform driving over 30 billion in annual sales.
These forward-looking statements include, without limitation, Rezolve’s expectations with respect to the expected product offerings and market expansion from the GroupBy acquisition, the anticipated transformation of digital commerce by Rezolve Ai and GroupBy sales from its co-selling arrangements and descriptions of future performance.
By integrating GroupBy’s capabilities with our AI-driven platform, we expect to be uniquely positioned to redefine the future of commerce and digital engagement.” Accelerating Innovation and GrowthThe acquisition is expected to accelerate Rezolve Ai’s ability to innovate and scale its offerings, particularly in the areas of AI-powered site search, product recommendations, and personalized shopping experiences.
The story "Rezolve Ai Closes Acquisition of GroupBy, Cementing Leadership in AI-Powered Commerce" has 822 words across 30 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "Rezolve Ai Closes Acquisition of GroupBy, Cementing Leadership in AI-Powered Commerce" was covered 3 weeks ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 29 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.