Welcome to our dedicated page for Fobi Ai news (Ticker: FOBIF), a resource for investors and traders seeking the latest updates and insights on Fobi Ai stock.
Fobi AI Inc (FOBIF) delivers AI-powered data intelligence solutions transforming operations across retail, hospitality, and event management sectors. This news hub provides investors and industry professionals with essential updates on technological advancements and strategic initiatives.
Access comprehensive coverage of quarterly earnings, product launches, and strategic partnerships that demonstrate Fobi AI's leadership in real-time analytics and digital transformation. Our curated news collection simplifies tracking of operational milestones across the company's core verticals including beverage alcohol networks and digital ticketing ecosystems.
Discover updates on Fobi AI's data exchange platform developments, mobile wallet integrations, and enterprise SaaS innovations. The repository serves as a critical resource for understanding how the company converts fragmented data streams into actionable business intelligence for global partners.
Bookmark this page for streamlined access to verified announcements about industry-specific solutions and technology deployments. Return regularly to maintain current awareness of Fobi AI's progress in enabling data-driven decision-making through cutting-edge artificial intelligence applications.
Fobi AI Inc. (FOBIF) announced significant growth in its couponing platform, Qples, reporting a 350% increase in client growth since the launch of its partnership with ShopperBridge in late 2022. The platform is now serving notable brands such as Lightlife and Yogi Tea, driving new-line revenue through services and media sales.
Qples, aided by ShopperBridge’s advanced media solutions, enhances in-store advertising capabilities for consumer packaged goods (CPG) brands, facilitating targeted promotions and measuring sales impact. CEO Rob Anson noted that this partnership is pivotal in addressing industry challenges and expanding their enterprise customer base.
FOBI AI Inc. (TSXV: FOBI, OTCQB: FOBIF) has successfully completed the acquisition of Passworks S.A., a prominent European digital wallet and mobile marketing firm. The transaction was executed under a share purchase agreement with Vendor Francisco Fiúza Da Silva Beirâo Belo, for a total value of €500,000, paid through the issuance of 1,674,264 common shares at $0.44 each. This strategic acquisition aims to enhance FOBI's scale, providing access to key Tier 1 customers and agency relationships, which is expected to drive immediate revenue growth. The Vendor may earn an additional €50,000 if Passworks' gross revenue exceeds €300,000 within a year post-acquisition. A service agreement was also established with the Vendor, committing to monthly fees and additional share compensation.
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