Giftify’s CardCash Reports 14.2% Sell-Side Volume Growth and 18.5% Rise in New Seller Acquisition Through Early Q1 2026, Expanding Platform Supply Base
Rhea-AI Summary
Giftify (NASDAQ: GIFT) reported preliminary CardCash sell-side results for Jan 1–Mar 15, 2026, showing 70,954 completed sell orders, up 14.2% year-over-year, and 25,508 first-time sellers, up 18.5%. January 2026 had 37,770 orders, up 9.2% YoY.
The company attributed growth to a targeted multi-channel digital marketing initiative that expanded seller supply ahead of the spring buying season, improving inventory, selection, and pricing dynamics on the CardCash marketplace.
Positive
- Sell orders 70,954 completed (Jan 1–Mar 15), +14.2% YoY
- New sellers 25,508 onboarded (Jan 1–Mar 15), +18.5% YoY
- January 2026 sell orders 37,770, +9.2% YoY
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: SCOR +1.27%, SJ +13.56%, BODI -12.56%, ZDGE -3.07%, VBIX flat. With GIFT down 2.9%, the pattern points to stock-specific trading rather than a broad sector rotation.
Previous Acquisition Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 05 | Strategic acquisition | Positive | +0.6% | All-stock TakeOut7 acquisition to expand restaurant tech and marketing reach. |
Tag-specific acquisition news previously saw a modest positive price reaction, suggesting incremental but not dramatic trading responses to M&A updates.
Over the past year, Giftify has used acquisitions and platform scaling to expand its footprint. The June 5, 2025 TakeOut7 acquisition added restaurant technology and AI-powered marketing to Restaurant.com, with an average historical move of about 0.6% on acquisition news. Today’s CardCash update, although operational and tagged as “acquisition,” continues the theme of building a larger, more efficient marketplace to support transaction growth.
Historical Comparison
Past acquisition-tagged news for GIFT produced an average move of 0.6%. Today’s supply-side CardCash update shares the tag but leans more toward organic marketplace expansion than external M&A.
The company progressed from acquiring TakeOut7 to broaden its restaurant technology stack to now emphasizing CardCash supply growth, showing a shift from inorganic expansion to leveraging acquired assets and marketplace depth.
Market Pulse Summary
This announcement highlights CardCash’s early Q1 14.2% sell-side volume growth and 18.5% increase in new sellers, signaling a deeper supply base ahead of the spring buying season. In historical context, Giftify has combined acquisitions like TakeOut7 with platform optimization to scale transactions. At the same time, recent filings flagged going-concern risks and Nasdaq bid-price compliance issues, making future updates on transaction growth, margins, liquidity, and listing status key metrics to monitor.
AI-generated analysis. Not financial advice.
70,954 sell orders completed January 1 through March 15, up
SCHAUMBURG, IL, March 30, 2026 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced preliminary sell-side performance results for CardCash.com for the period January 1 through March 15, 2026, reflecting accelerating growth in both seller order volume and new seller acquisition as the platform expands its supply base ahead of the spring buying season. The sell side of CardCash’s marketplace refers to consumers and businesses who sell their unwanted gift cards to CardCash in exchange for immediate cash value — providing the inventory that powers the platform’s buy-side activity for shoppers seeking discounted cards.
Sell-side order volume reached 70,954 completed orders from January 1 through March 15, 2026, a
“Sell-side growth of this magnitude, both in volume and in new seller acquisition, reflects a marketplace that is becoming more valuable to participants on both sides,” said Ketan Thakker, Chief Executive Officer of Giftify, Inc. “When sellers find CardCash to be an attractive platform for liquidating gift cards, and buyers find the selection and pricing compelling enough to transact at five-year-high values, that is the marketplace dynamic that drives compounding growth. Our Q1 results reflect that dynamic playing out across the business.”
New Seller Acquisition Accelerates, Expanding Supply Base
New seller acquisition accelerated through early Q1 2026, with 25,508 first-time sellers onboarding on the CardCash platform from January 1 through March 15, an
“The seller metrics through early Q1 reflect the kind of supply-side growth that strengthens the marketplace from the ground up,” said Tom Ochoa, Head of Sales and Business Development at CardCash.com. “That supply expansion is what enables us to consistently meet buyer demand at the transaction values and volumes we are seeing this quarter.”
For more information, visit www.cardcash.com.
About Giftify, Inc.
Giftify, Inc. (NASDAQ: GIFT) is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com, Restaurant.com, and Takeout7.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales from over 1,100 retailers. Restaurant.com is the nation’s largest restaurant-focused digital deals brand, connecting digital consumers, businesses and communities by offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. Takeout7 is a restaurant technology company offering comprehensive online ordering solutions and AI-powered digital marketing services.
For more information, visit: www.giftifyinc.com, www.cardcash.com, www.restaurant.com, and www.takeout7.com.
Forward-Looking Statements
Press releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project,” “propose,” “plan,” “intend,” and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability to identify a suitable business model for the corporation.
Investor Contact:
IR@giftifyinc.com
FAQ
How many sell orders did CardCash process from January 1 to March 15, 2026 (GIFT)?
What was CardCash’s new seller growth for early Q1 2026 and why does it matter for GIFT?
How did CardCash perform in January 2026 compared with January 2025 for GIFT?
What drove CardCash’s sell-side growth in early Q1 2026 for Giftify (GIFT)?
