Rezolve Ai secures $9.8 million deal with Liverpool Mexico

NEW YORK - Rezolve Ai (NASDAQ: RZLV), an AI commerce technology firm, has secured a significant yearly contract valued at $9.8 million with Liverpool Mexico, one of the country’s leading department store chains. This deal underscores Liverpool’s confidence in Rezolve Ai’s Brain Commerce technology and its SEO Studio’s deep integration with Google to drive digital commerce performance. According to InvestingPro data, the company maintains an impressive gross profit margin of 77%, though it currently trades near its 52-week low of $1.07.

The partnership demonstrates the value Liverpool sees in Rezolve Ai’s AI-driven solutions and their strategic relationship with Google. Liverpool Mexico’s investment is seen as a strong endorsement of Rezolve Ai’s capabilities to enhance digital engagement and drive revenue growth. InvestingPro analysts anticipate significant sales growth for Rezolve Ai in the current year, with revenue growth forecasts showing a 78% increase. Subscribers can access 12 additional ProTips and comprehensive financial metrics at InvestingPro.

Daniel M Wagner, Chairman and CEO of Rezolve Ai, stated, "This $9.8 million contract is a powerful affirmation of our technology stack and its ability to deliver exceptional results." He emphasized that their AI-driven solutions, in collaboration with Google, have enabled Liverpool to experience significant growth in digital engagement and revenue.

Antonino Guichard González, Chief Digital Officer at Liverpool Mexico, also commented on the partnership, highlighting the optimization of their online presence and the improved shopping experience for customers. "This investment reflects our confidence in Rezolve Ai’s ability to continue driving innovation and growth," he said.

Liverpool Mexico operates 303 stores, 28 shopping centers, and a robust e-commerce platform. The company’s investment in Rezolve Ai’s technology is aimed at maintaining its competitive edge in the retail sector by enhancing customer experiences and achieving revenue growth.

As Rezolve Ai continues to expand its global presence, this contract with Liverpool Mexico marks a significant milestone in its mission to redefine commerce through artificial intelligence. The partnership is expected to deliver value to both Liverpool’s customers and Rezolve Ai’s growth trajectory.

This news is based on a press release statement and reflects the ongoing strategic relationships and business developments within the retail and AI commerce technology sectors.

In other recent news, Rezolve Ai has made significant strides in its business operations. The company announced a $1 billion investment in Bitcoin, with an initial $100 million already placed, to establish a treasury for its upcoming crypto payment platform. This strategic move, in collaboration with Tether, aims to integrate cryptocurrency into global commerce. Additionally, Rezolve Ai has secured a $30 million unsecured loan from European bank Joh. Berenberg, Gossler & Co. KG, intended to fuel expansion and product innovation. This funding decision was made to avoid diluting shareholder equity and is expected to support the company’s growth trajectory.

Rezolve Ai is also expanding its capabilities through the acquisition of GroupBy Inc., a company specializing in site search and merchandising. This acquisition is anticipated to enhance Rezolve Ai’s digital commerce offerings and expand its North American presence. Furthermore, the company’s technology is gaining traction with major brands like Dunkin’, BJ’s Wholesale Club, and Coles Supermarkets, which are utilizing Rezolve Ai’s solutions for improved customer engagement and operational efficiency. These developments highlight Rezolve Ai’s commitment to leveraging AI, blockchain, and cryptocurrency to redefine commerce on a global scale.

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