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Givex Corp - GIVXF STOCK NEWS

Welcome to our dedicated news page for Givex (Ticker: GIVXF), a resource for investors and traders seeking the latest updates and insights on Givex.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Givex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Givex's position in the market.

News
iFood Plans to Triple its Size in the Incentives Market in the Coming Years with Givex Gift Cards
Rhea-AI Summary
iFood, a leader in online food delivery in Latin America, plans to triple its Givex-powered gift card sales in the coming years. Currently selling 900,000 cards monthly, the target is to grow by 15-20% in 2024. The slow adoption of gift cards in Brazil due to cultural reasons is changing as companies invest in them for various use cases. Pernod Ricard and TLC Latam have successfully used iFood gift cards in promotional campaigns, showcasing the value of this incentive. The iFood gift card offers practicality for purchasers and freedom for recipients, with a wide range of categories available on the platform. The partnership with Givex is set to drive significant growth for iFood in the incentives market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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Givex Announces Fiscal Year and Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Givex Corp. reports strong financial performance with annual revenues exceeding $80 million, 132,000 customer locations, and positive EBIT in Q4. Revenue, gross profit, EBIT, and transactional values showed significant growth in both quarterly and annual results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
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News
International Energy Company Win Adds Over 14,000 North American Retail Gas Stations to Givex';s Growing Network
Rhea-AI Summary
Givex Corp. announces a partnership with a Fortune 500 energy company to implement its gift card program across North American gas stations, showcasing Givex's industry leadership. The company's focus on integrated solutions and scalability has attracted major clients, signaling growth potential for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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News
Givex Corp. Plays Integral Role in National Kitchen Tech Upgrade for KFC Canada
Rhea-AI Summary
Givex Corp. (GIVXF) announced that KFC Canada completed a national kitchen technology upgrade across 402 stores to improve the guest experience. Givex partnered with Lenovo Canada and KFC Canada's internal application team to integrate the solution into the stores' existing IT infrastructure. This showcases Givex's evolution as a national enterprise level service provider and its acquisition strategy delivering synergies to expand services and products to a broader client base. With twelve global offices and over 128,000 active merchant locations, Givex offers gift cards, point-of-sale systems, loyalty programs, and more.
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Givex Brasil Reaches Staggering 14 Billion Reais in Transaction Value, Celebrates Unprecedented Growth in 2023
Rhea-AI Summary
Givex Brasil (TSX: GIVX) (OTCQX: GIVXF) achieves remarkable milestone, surpassing 14 billion reais in transaction value in 2023. The company signed major clients, including leading jewelry brand Vivara, Fast Shop retail chain, Station by WeWork Brasil, a financial institution, and a global leader in the food industry. iFood Card achieved 1.5 billion reais in gift card sales through the GivexHub. Givex Brasil is gearing up for NRF 2024: Retail's Big Show in New York City.
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Givex Announces TSX Approval of Normal Course Issuer Bid
Rhea-AI Summary
Givex Corp. (GIVX) has filed a notice of intention with the Toronto Stock Exchange to make a normal course issuer bid (NCIB) to purchase for cancellation up to 6,390,694 common shares over a 12-month period, representing approximately 5% of the outstanding shares. The NCIB will commence on December 14, 2023, and terminate on December 13, 2024. Givex will enter into a share purchase plan with Canaccord Genuity Corp. to allow for the purchase of shares during certain pre-determined blackout periods. The company believes that the purchase of shares would be an appropriate use of corporate funds in light of potential benefits to remaining shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.88%
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News
Givex Corp. Announces Integration with Uber Direct
Rhea-AI Summary
Givex Corp. (GIVX) announces integration with Uber Direct, allowing merchants to offer seamless first-party delivery. GivexPOS now enables merchants to book delivery through Uber platform directly. The integration aims to improve customer satisfaction and business growth.
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Givex Corp. Announces New Digital Wallet Integrations
Rhea-AI Summary
Givex Corp. (GIVX) integrates Apple Pay and Google Pay into its online ordering platform, Givex eCommerce. The integration supports web desktop, native mobile apps, and Scan/Pay functionality, enhancing user experience and security. Givex plans to expand processor compatibility and is committed to improving the customer experience in a rapidly evolving digital landscape.
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76% of Americans Say Inflation Will Impact Holiday Spending, Givex Survey Shows
Rhea-AI Summary
Givex - Givex 2023 Holiday Gift Card Survey Reveals 76% of Americans Will Adjust Gift-Giving Plans Due to Inflation. Businesses Can Leverage Gift Cards to Address Consumer Trends. Key Findings Highlight Early Shopping Trends and Digital Gift Card Surge.
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LK Bennett Leverages Givex Technology in Collaboration with Thrift+
Rhea-AI Summary
Givex Corp. announced a successful collaboration between UK fashion brand LK Bennett and sustainable fashion service Thrift+, using Givex's E-Gift Card technology to promote sustainability. LK Bennett integrates Thrift+ into its operations, allowing customers to recycle clothing and receive E-Gift Cards in return.
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Givex Corp

OTC:GIVXF

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GIVXF Stock Data

79.36M
68.76M
45.62%
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