Rezolve Ai Closes Acquisition of GroupBy, Cementing Leadership in AI-Powered Commerce

Rhea-AI Summary

Rezolve Ai (NASDAQ: RZLV) has successfully completed its acquisition of GroupBy, a commerce search and product discovery platform that drives over $30 billion in annual sales. The transaction, previously announced on February 11, 2025, closed on March 25, 2025.

The strategic acquisition combines GroupBy's advanced product discovery platform with Rezolve Ai's digital engagement tools, aiming to enhance AI-driven commerce capabilities. The merger is expected to deliver personalized and intelligent commerce experiences to merchants, brands, and consumers.

The integration focuses on strengthening Rezolve Ai's capabilities in:

• AI-powered site search
• Product recommendations
• Personalized shopping experiences

The company plans to leverage this acquisition for global expansion, particularly in markets with high demand for AI-driven commerce solutions.

Positive

• Acquisition brings proven technology platform driving $30B in annual sales
• Expands AI capabilities in commerce search and product discovery
• Strengthens market position in AI-powered commerce
• Creates potential for new revenue streams through combined technologies
• Enhances global market expansion opportunities

Negative

• Integration costs and challenges may impact short-term performance
• Execution risks in combining two technology platforms
• Potential operational disruptions during integration period

Strategic acquisition expected to accelerate Rezolve Ai’s global expansion with advanced search and product discovery technology powering over $30B in annual retail sales

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-powered commerce and digital engagement solutions, today announced the successful closing of its acquisition of GroupBy Inc., GroupBy International Ltd., GroupBy USA Inc., and GroupBy UK Ltd. (collectively, “GroupBy”), a leading commerce search and product discovery platform driving over 30 billion in annual sales. The transaction that was previously announced in the Company’s Form 6-K filed with the U.S. Securities and Exchange Commission on February 11, 2025, closed on March 25, 2025.

This strategic acquisition is expected to enhance significantly Rezolve Ai’s capabilities in AI-driven commerce, site search, and digital engagement, positioning the Company as a market leader in the rapidly evolving eCommerce landscape.

Strategic Synergies and Market Leadership
The acquisition of GroupBy brings together two innovative powerhouses in the AI and commerce sectors. GroupBy’s advanced product discovery platform complements Rezolve Ai’s existing suite of digital engagement tools powered by cutting-edge AI and machine learning technologies. Together, we believe the combined entity will deliver unparalleled value to merchants, brands, and consumers by enabling seamless, personalized, and intelligent commerce experiences.

Daniel M. Wagner, Chief Executive Officer and Chairman of Rezolve Ai, commented: “The closing of this acquisition marks a transformative milestone for Rezolve Ai. GroupBy’s proven track record in driving over $30 billion in annual sales for its customers underscores the strength of its technology and the trust we believe it has earned from leading global brands. By integrating GroupBy’s capabilities with our AI-driven platform, we expect to be uniquely positioned to redefine the future of commerce and digital engagement.”

Accelerating Innovation and Growth
The acquisition is expected to accelerate Rezolve Ai’s ability to innovate and scale its offerings, particularly in the areas of AI-powered site search, product recommendations, and personalized shopping experiences. The combined expertise of both companies is expected to enable merchants to unlock new revenue streams, enhance customer satisfaction, and optimize operational efficiency.

Looking Ahead
Rezolve Ai is committed to a seamless integration process, ensuring that customers of both companies continue to receive the highest level of service and innovation. The Company also intends to leverage the acquisition to expand its global footprint, targeting new markets and industries where AI-driven commerce solutions are in high demand.

ENDS

About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit www.rezolve.com.

Media Contact
Rezolve Ai
Urmee Khan - Global Head of Communications
urmeekhan@rezolve.com
+44 7576 094 040

Investor Contact
CORE IR
+15162222560
investors@rezolve.com

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The actual results of Rezolve Ai Limited (“Rezolve”) may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve’s expectations with respect to the expected product offerings and market expansion from the GroupBy acquisition, the anticipated transformation of digital commerce by Rezolve Ai and GroupBy sales from its co-selling arrangements and descriptions of future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Forward-looking statements in this press release include Rezolve expectations You should carefully consider the risks and uncertainties described in the “Risk Factors” section of Rezolve’s amended registration statement on Form F-4 (File No. 333-272751) filed with the U.S. Securities and Exchange Commission ("SEC") on July 5, 2024, and declared effective by the SEC on July 9, 2024 (the "Registration Statement") and its subsequent filings made with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside Rezolve’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) competition, the ability of Rezolve to grow and manage growth profitably, and retain its management and key employees; (2) costs related to Rezolve’s completed business combination with Armada Acquisition Corp. I; (3) changes in applicable laws or regulations; and (4) weakness in the economy, market trends, uncertainty and other conditions in the markets in which Rezolve operates, and other factors beyond its control, such as inflation or rising interest rates. Rezolve cautions that the foregoing list of factors is not exclusive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Neither Armada nor Rezolve undertakes or accepts any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

FAQ

What is the value of annual retail sales powered by GroupBy's technology that Rezolve Ai (RZLV) acquired?

GroupBy's platform powers over $30 billion in annual retail sales.

When did Rezolve Ai (RZLV) complete the acquisition of GroupBy?

The acquisition closed on March 25, 2025, following its announcement on February 11, 2025.

What technologies will Rezolve Ai (RZLV) gain through the GroupBy acquisition?

RZLV gains advanced commerce search, product discovery platform, and AI-driven site search capabilities.

How will the GroupBy acquisition impact Rezolve Ai's (RZLV) market position?

The acquisition positions RZLV as a market leader in AI-powered commerce, enhancing its digital engagement capabilities and global market presence.

What are the main integration focuses for Rezolve Ai (RZLV) following the GroupBy acquisition?

The integration focuses on AI-powered site search, product recommendations, and personalized shopping experiences.