Rezolve Ai Strengthens AI Commerce Play with $55M Acquisition of GroupBy, a Platform Driving Over $30B in Annual Sales [Yahoo! Finance]
Rezolve AI PLC - Ordinary Shares (RZLV)
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Source: Yahoo! Finance
Fri, February 14, 2025 at 2:00 PM GMT+1 5 min read In This Article RZLV RZLVW Rezolve AI Ltd All GroupBy shareholders, Including VCs and debt holders, take Rezolve Ai equity as consideration in strong vote of confidence GroupBy's AI-powered search and merchandising technology fuels $30B+ in annual retail transactions - now supercharged by Rezolve Ai's advanced AI capabilities The acquisition brings $30M in expected high-margin revenue for 2025, reinforcing Rezolve Ai's position as a leader in AI-driven commerce solutions NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Following yesterday's announcement, Rezolve Ai (NASDAQ: RZLV), today confirms that it is acquiring GroupBy in an all equity transaction with a $55 million enterprise value , that will, following closing, add a high-growth, revenue-generating business to its expanding AI commerce platform. The deal is expected to bring approximately $30 million in expected high margin revenue for 2025 , further strengthenin
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- Rezolve AI (NASDAQ:RZLV) had its "buy" rating reaffirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
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