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HERZLIYA, Israel - Onebeat, an AI-powered inventory optimization platform, and RetailPro, a Nayax Ltd. (Nasdaq:NYAX; TASE:NYAX) company, announced Thursday a strategic partnership aimed at enhancing inventory management for retailers. Nayax, with a market capitalization of $1.8 billion and impressive year-to-date returns of 65%, has been expanding its retail technology offerings.
The collaboration integrates RetailPro’s point-of-sale software with Onebeat’s AI technology to provide retailers with real-time inventory optimization capabilities. The combined solution is designed to help mid-market and enterprise retailers adjust inventory allocation, pricing, and replenishment based on demand patterns.
According to the announcement, Onebeat’s platform analyzes store and SKU-level data to inform inventory decisions, with the goal of improving sell-through rates, reducing stockouts, and minimizing excess inventory.
"This partnership with RetailPro expands our reach, helping retailers eliminate bottlenecks in inventory management and uncover previously untapped opportunities for profitability," said Yishai Ashlag, CEO and Co-founder of Onebeat, in a statement.
Keren Sharir, President and CMO of Nayax, noted that the partnership aligns with the company’s mission following its acquisition of Retail Pro International in late 2023.
Nayax, which began as a provider of unattended retail solutions, has expanded its offerings to include various retail management tools. As of June 30, the company reported having 12 global offices and approximately 1,200 employees.
The announcement was made in a press release issued by the companies.
In other recent news, Nayax Ltd. has been the subject of a price target adjustment by UBS, which increased its target to $43 from $39, maintaining a Neutral rating on the stock. This adjustment reflects UBS’s revised multiple of approximately 6.5 times the firm’s estimated 2026 gross profit. Additionally, Nayax has announced its Annual General Meeting of Shareholders, scheduled for July 16, 2025, at its headquarters in Herzliya, Israel. Shareholders will have the opportunity to vote on various proposals, as detailed in the SEC filing accompanying the announcement.
Furthermore, Nayax has entered into a strategic partnership with Lynkwell, a North American energy infrastructure provider. This collaboration aims to enhance EV charging infrastructure across the U.S. and Canada by integrating Nayax’s payment solutions with Lynkwell’s charging stations. Lynkwell’s ViaLynk network is noted for being the third-largest in the Northeast and eighth-largest in the U.S. The partnership is set to deliver an integrated charging solution for EV drivers and operators.
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