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. operates digital incentives, rewards, dining and restaurant-technology platforms through CardCash.com, Restaurant.com and Takeout7.com. CardCash functions as a secondary gift card exchange where consumers and businesses sell unwanted gift cards and buyers purchase discounted card inventory, while Restaurant.com provides digital dining, retail and entertainment deals and Takeout7 supports restaurant online ordering and digital marketing services.
Recurring company developments include CardCash buy-side and sell-side marketplace activity, average order value, seller acquisition, fraud detection, transaction review automation, affiliate distribution and AI-enabled operating systems. Giftify also reports updates on Restaurant.com platform development, restaurant partner technology, transaction mix, gross billings, revenue recognition as principal or agent, margins and expense management.
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.