Welcome to our dedicated page for Giftify news (Ticker: GIFT), a resource for investors and traders seeking the latest updates and insights on Giftify stock.
Giftify, Inc. (Nasdaq: GIFT) is an internet content and information company focused on the incentive and rewards industry through its digital platforms CardCash.com, Restaurant.com, and TakeOut7.com. The GIFT news feed on Stock Titan aggregates company press releases and other coverage related to its gift card marketplace, restaurant deals, and restaurant technology initiatives.
News about Giftify often centers on operating performance at CardCash.com, including updates on gross billings, margins, customer activity, and affiliate channel growth. The company has reported record levels of gift card volume, high instant fulfillment rates for digital orders, and enhancements to proprietary fraud detection systems that affect new customer approvals and platform security.
Restaurant.com-related news highlights developments such as the launch of the Restaurant Management Center, a self-service portal for restaurant partners that introduces tiered subscription plans and real-time deal management. Coverage may also include Giftify’s acquisition and integration of TakeOut7, which adds online ordering and AI-powered digital marketing capabilities for independent restaurants.
Investors and observers can use the GIFT news page to follow announcements on Giftify’s strategic initiatives, including the uChoose corporate rewards platform, changes in transaction mix between principal and agent models, and reported financial results for key periods. For those tracking the digital gift card, restaurant deals, and restaurant technology markets, this news stream provides ongoing insight into how Giftify positions and develops its platforms. Bookmark this page to review new GIFT headlines, company commentary, and operational updates as they are released.
RDE Inc (NASDAQ: GIFT) announces corporate rebranding to Giftify Inc, effective October 28th, following shareholder approval. The company, which owns Restaurant.com and CardCash.com, focuses on incentives and rewards in retail, dining, and entertainment. The rebranding aims to optimize brand portfolio, reduce complexities, and expand beyond Restaurant.com offerings.
CEO Ketan Thakker highlights improved margins and increased gross profit following the CardCash.com acquisition in late 2023. The company plans to reactivate past users, increase visibility, enable cross-platform selling, and pursue strategic acquisitions to expand its user base and revenue.
RDE, Inc. (NASDAQ:GIFT), owner of CardCash.com and Restaurant.com, will present at the MicroCap Rodeo Fall Conference on October 16, 2024, in New York City. CEO Ketan Thakker and CFO Steve Handy will discuss operational highlights, growth initiatives, and strategic direction for the company's digital platforms focused on incentives and rewards in retail, dining, and entertainment experiences.
The presentation is scheduled for 3:00pm ET and will be webcast live. Interested parties can register to watch virtually. Management will also be available for one-on-one meetings with approved investors on the same day. For more information and registration details, visit www.microcaprodeo.com.
RDE, Inc. (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced that its recently hired CFO Steve Handy purchased 25,620 shares in the open market. The transactions occurred on October 1, 3, and 4, 2024, with an average price of $1.9646 per share, totaling $50,333.
Handy expressed excitement about the company's future and stated that his open market purchases demonstrate his enthusiasm, especially given the recent share price decline since RDE's uplisting to Nasdaq in August. RDE focuses on incentives and rewards in retail, dining, and entertainment experiences through its digital platforms.
RDE, Inc. (NASDAQ: GIFT), owner of Restaurant.com and CardCash.com, has announced significant milestones for its CardCash.com B2B platform in 2024. The platform has achieved a 10% monthly growth rate in customer acquisition, onboarding over 25 new business customers monthly. CardCash has helped partners save over $3 million in incentive and reward program expenses, with monthly savings increasing by $50,000 compared to 2023. The self-service Elite Platform has seen a rise in order volume, with nearly 1,000 additional orders per month compared to last year. CardCash's B2B platform offers a diverse catalog of over 500 retail brands, with customers purchasing from 200 unique brands in the last month alone. CEO Ketan Thakker noted that approximately half of CardCash.com's revenue comes from the B2B side of the business.