iHub News
2月前
RedCloud secures $30M Saudi licensing deal for RAID AI platformApril 13, 2026 11:08 AM
IH Market News
RedCloud Holdings plc (NASDAQ:RCT) has signed a five-year licensing agreement worth up to $30 million to deploy its RAID AI engine in Saudi Arabia’s fast-moving consumer goods (FMCG) sector.The contract is structured to generate $6 million annually, tied to revenues produced by RAID within the Saudi market. The deal targets the Kingdom’s FMCG sector, estimated at $68 billion, according to the company.The announcement comes as RedCloud shares hover near their 52-week low of $0.56, recently trading around $0.57. Despite a difficult year that has seen the stock fall 62% year-to-date, InvestingPro analysis suggests the shares may be undervalued relative to their assessed fair value.RedCloud estimates that Saudi Arabia faces an inventory imbalance of around $9.4 billion, driven by fragmented supply chains and limited real-time visibility. Its RAID platform is designed to address these issues by enabling real-time, data-driven decision-making across supply networks.The agreement supports the company’s joint venture strategy in the region, combining local infrastructure with RedCloud’s AI-powered platform. It also aligns with Saudi Arabia’s Vision 2030 initiative aimed at diversifying and modernizing the economy.This marks RedCloud’s second major licensing deal, following a $50 million joint venture announced in Türkiye in December 2025. Combined, the company’s contracted joint venture infrastructure revenue now stands at up to $80 million.The expansion comes as RedCloud, which has a market capitalization of $31.53 million, reported revenue of $48.4 million over the past twelve months, representing growth of 63%. However, InvestingPro data indicates the company is rapidly consuming cash, even as analysts maintain a strong buy rating with price targets between $5 and $5.50.“Global supply chains are losing close to $2 trillion annually to decisions made without intelligence,” said Justin Floyd, CEO and Co-Founder of RedCloud. “This agreement brings RAID, our AI infrastructure, into one of the most important and fast-moving FMCG markets in the world.”Majid Alghaslan, Joint Venture Partner at RedCloud Arabia, said the partnership will improve access to supply and product choice for retailers, while providing manufacturers and distributors with the data and insights needed to scale operations.RedCloud develops digital infrastructure for global trade, aggregating transaction and market data across the FMCG sector. The company listed on Nasdaq in March 2025 under the ticker RCT.In recent developments, RedCloud said its R.A.I.D. (Realtime AI for Distribution) engine achieved accuracy levels above 80% across 3.7 million live FMCG transactions, based on the Normalized Discounted Cumulative Gain (NDCG) metric, a level considered commercially meaningful for ranking systems.The company also appointed Raju Datla as Chief Financial Officer. Datla previously served as Chief Strategy Officer and brings experience in digital infrastructure and capital markets.As part of its global expansion, RedCloud is establishing an AI research and development hub at ITU Teknokent in Istanbul, focused on advancing the R.A.I.D. engine and integrating it into the RedAI platform, with initial rollout in Türkiye.Additionally, the company named Prof. Dr. Mustafa Ergen as a non-executive director. Widely recognized among the top 2% of scientists globally, he brings extensive expertise in artificial intelligence and deep-tech ventures, supporting RedCloud’s ongoing international growth strategy.RedCloud Holdings stock price
Original: RedCloud secures $30M Saudi licensing deal for RAID AI platform
INV4
8月前
RedCloud Holdings (Nasdaq: RCT) announced that CPO and Co-Founder Soumaya Hamzaoui will present at VTEX Connect Europe on November 11, 2025, in Lisbon. The presentation will focus on the company's AI-native approach to address the $2 trillion global inventory gap in FMCG markets.
Hamzaoui will showcase RedCloud's trading layer products, including TradeX and Red101 retailer app, highlighting how RedAI leverages AWS Bedrock and NVIDIA technologies to optimize FMCG trading in a market projected to grow from $14.6 trillion to $19.7 trillion by 2033. The company's recent achievements include doubled customer growth in H1 2025, a Saudi Arabia joint venture, and joining the NVIDIA Connect program.
09/30/2025 - 10:35 AM
LONDON, Sept. 30, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”) the technology business behind the RedAI intelligent trading platform, today announced that Chief Product Officer and Co-Founder Soumaya Hamzaoui will be speaking at the VTEX Connect Europe event on November 11 in Lisbon, Portugal.
Hamzaoui will outline the Company’s vision for a native-AI approach to tackle the estimated $2Tn1 global inventory gap in FMCG markets—directly equating to lost opportunity for supply chain businesses and ultimately impacting almost every consumer purchasing everyday goods in Europe and across the globe.
The presentation will introduce RedCloud’s ‘trading layer’ of products that enables digital exchange of goods in bulk quantities through TradeX program and the Red101 retailer app. Hamzaoui will then outline how RedAI’s future data and native-AI core will seek to go further to reduce the Inventory Gap across the rapidly global FMCG market—which is expected to grow from an estimated $14.6Tn2 today to an estimated $19.7Tn2 by 2033.
The Company intends to unlock increasing customer value by leveraging AWS Bedrock and NVIDIA technologies, proprietary models and the future prospect of near real-time algorithmic trading of FMCG goods. RedCloud anticipates expert ‘supply chain assistants’ acting as a virtual team of experts to support in areas like pricing, promotions, demand planning and inventory management—from manufacture to retail— and foresees a layer of value-added services unlocked through the RedAI trading layer, from payments to lending, logistics and insurance.
This ambitious strategy comes on the back of recent announcements from The Company, including more than doubling of customer numbers year-over-year in the first half of 2025; a recently announced joint venture in Saudi Arabia; a new partnership strategy for financial services; and most recently membership of the NVIDIA Connect program.
“I am very excited by our vision and the work we are doing to develop AI-native architecture serving the seamless digital exchange of FMCG goods across supply chains, and especially the work we are doing with AWS and NVIDIA,” commented Hamzaoui. “I am very happy to be speaking about our vision at this exciting event with leaders of Europe’s digital commerce industry, as we look to deliver a new operating system of global trade.”
To watch Soumaya Hamzaoui’s presentation, tickets for VTEX Connect Live can be found here: https://www.eventbrite.co.uk/e/vtex-connect-live-lisbon-2025-tickets-1435618406299.
About RedCloud Holdings plc
RedCloud has developed and operates the RedAI trading platform (“RedAI”), that facilitates more intelligent digital exchange of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. RedCloud believes its Platform solves a decades old problem of how to unlock and enable access to key purchase and sales data between brands, distributors and retailers in high growth consumer markets.
Through RedCloud’s Platform, retailers are empowered by data driven market insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. For more information about RedCloud and its Platform, please visit www.redcloudtechnology.com and connect on LinkedIn.
https://www.stocktitan.net/news/RCT/red-cloud-to-present-ai-native-mission-for-its-new-operating-system-ewoc6673tcny.html
$RCT
makinezmoney
11月前
$RCT: News actually came out yesterday.................
But market caught wind of it today.
GO $RCT
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RedCloud Addresses Systemic Inefficiencies in FMCG Products Supply Chain with Launch of Bulk Trading Program
By RedCloud Holdings plc | June 26, 2025, 8:00 AM
Share
RCT
+170.25%
RedCloud Holdings PLC
New York, NY, June 26, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RCT”) (“RedCloud” or the “Company”) today announced the launch and availability of its innovative TradeX program, facilitating the trade of essential FMCG products in bulk quantities, matching market supply with demand across key categories.
Emerging markets face systemic inefficiencies in retail commerce, resulting in a staggering approximately $2 trillion inventory gap1 where consumer demand often outpaces product availability in supply chains historically driven by semi-formal ‘offline trade’ between trusted parties. RedCloud believes that a lack of data-driven decision-making contributes heavily to inefficiencies that ultimately cause supply challenges and increased consumer retail prices.
TradeX leverages RedAI trading data gathered from the supply chain to enable traders to buy and sell in a familiar way using phone and message-based trading habits, preserving long-standing relationships while also unlocking the benefits of transitioning to digital forms of trade.
TradeX has been successfully piloted in Nigeria since early 2025, enabling program members to trade goods over the phone and WhatsApp. In return for matching buyers and sellers in specific categories, RedCloud earns a transaction fee on each order placed. As of today, TradeX is live in Nigeria, Brazil, South Africa and Argentina.
Justin Floyd, Founder and CEO of RedCloud, commented, “we are excited about the launch of the TradeX program in our current jurisdictions of operation, leveraging RedAI trading data to connect the supply chain, so essential consumer products get to the right place at the right time. We’re looking at ways to enhance TradeX with agentic AI brokers that can accelerate bulk trade deals between buyers and sellers and therefore amplify the reach of FMCG sales teams.”
The launch of TradeX underscores RedCloud’s commitment to challenging inefficient legacy systems that dominate global commerce. By introducing disruptive solutions, the Company continues to lead the charge in creating a fair and efficient open commerce ecosystem.
About RedCloud Holdings plc
RedCloud has developed and operates the RedCloud trading platform (the “Platform”), that facilities the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. RedCloud believes its Platform solves a decades old problem of how to unlock and enable access to key purchase and sales data between brands, distributors and retailers in high growth consumer markets. Through RedCloud’s Platform, retailers are enabled to use data driven insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. For more information about RedCloud and its Platform, please visit www.redcloudtechnology.com and connect on LinkedIn and Facebook.
Forward-Looking Statements
The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict, including, but not limited to, the success of the TradeX program and the Company’s ability to integrate agentic AI brokers and successfully enhance the reach of the TradeX program. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in RedCloud’s described in “Cautionary Note Regarding Forward-Looking Statements,” “Item 3. Key Information – D. Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in RedCloud’s Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2025, as well as other documents filed by the Company with the SEC. RedCloud undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Information contained on, or that can be accessed through, the Company's website or any other website or any social media is expressly not incorporated by reference into and is not a part of this press release.
Contacts:
Investor Relations
Ryan Flanagan
Investor.relations@redcloudtechnology.com
Media Relations
James McCarthy
media@redcloudtechnology.com
makinezmoney
11月前
$RCT: Props to INV4 in reminding me.................
Ya this puppy went LOCO today .......... up almost 200% on the day.
Took my eyes off of it.
Can't get them all but can get most of them.
Nice Runner......... now $3.75 from $1.40 this am
RedCloud Holdings Plc engages in business and domestic software development. It provides and facilitates the trading of everyday consumer supplies of fast-moving consumer goods products across business supply chains. The firm operates through the Data Enablement, AI & Machine Learning. The Data Enablement tools and services include cloud data warehouses, advanced data search capabilities, intuitive data visualizations, and customer data platforms. The AI & Machine Learning provide substantial benefits to brands, distributors, and retailers. The company was founded on April 15, 2024 and is headquartered in London, the United Kingdom.
GO $RCT