Rezolve Ai Closes Acquisition of GroupBy, Cementing Leadership in AI-Powered Commerce
Rezolve AI PLC - Ordinary Shares (RZLV)
Company Research
Source: GlobeNewswire
NEW 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. The transaction that was previously announced in the Company’s Form 6-K filed with the U.S. Securities and Exchange Commission on February 11, 2025, closed on March 25, 2025. This strategic acquisition is expected to enhance significantly Rezolve Ai’s capabilities in AI-driven commerce, site search, and digital engagement, positioning the Company as a market leader in the rapidly evolving eCommerce landscape. Strategic Synergies and Market LeadershipThe acquisition of GroupBy brings together two innovative powerhouses in the AI and commerce sectors. GroupBy’s advanced product d
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