Rezolve AI Expands Partnerships to Revolutionize E-commerce with AI Solutions

Rezolve AI partners with Creative Dock to boost commerce AI By Investing.com

NEW YORK - Rezolve AI (NASDAQ:RZLV), an AI solutions provider for commerce, has announced a strategic partnership with Creative Dock, a firm known for corporate venture building and digital innovation. This alliance is set to enhance the commerce sector by integrating Rezolve AI's technology with Creative Dock's venture building expertise. Creative Dock has established a global presence with operations in 52 countries and a client roster that includes Deutsche Bank (ETR:DBKGn), Raiffeisen, Adidas (OTC:ADDYY), and leading telecommunications companies in Europe and the Middle East. The company's 30% annual sales growth highlights its market expansion and success. Rezolve AI's suite of products, known as "brainpowa," features tools like Brain Commerce, Brain Assistant, and Brain Checkout, which are designed to improve customer engagement and streamline transactions. By partnering with Creative Dock, Rezolve AI aims to accelerate digital transformation in commerce through AI-driven innovation. Daniel M Wagner, CEO and Chairman of Rezolve AI, expressed enthusiasm about the partnership, stating, "Together, we will empower companies to fuel growth, unlock new digital opportunities, and elevate the customer experience." Creative Dock's Founder and Executive Chairman, Martin Pejsa, also voiced excitement for the collaboration, anticipating the integration of AI solutions into their ventures to help businesses grow and enhance customer experiences. The partnership is expected to offer businesses of all sizes AI-powered solutions that drive digital innovation and transformation in the global commerce sector. This move aligns with both companies' objectives to revolutionize customer engagement and business growth through cutting-edge technology and specialized venture-building services. Rezolve AI is recognized for its pioneering role in AI-powered solutions for commerce and retail, focusing on innovative technology to transform customer engagement. Creative Dock, on the other hand, is the largest independent player in corporate venture building, with a track record of launching over 120 successful ventures. This news is based on a press release statement from Rezolve AI. In light of Rezolve AI's (NASDAQ:RZLV) recent strategic partnership with Creative Dock, it's important to consider the company's financial health and market performance. According to InvestingPro data, Rezolve AI has a market capitalization of $1.38 billion and a challenging P/E ratio of -30.41, reflecting investor concerns about profitability. The company's stock price has experienced a sharp decline recently, with a one-week total return of -30.0% and a one-month total return of -35.86%. This trend extends over the past three months, with the stock price total return reaching -43.22%. Notably, Rezolve AI's stock is trading near its 52-week low, at 44.9% of its 52-week high, with the previous close at $6.51. Two InvestingPro Tips highlight critical aspects for potential investors: Rezolve AI's stock generally trades with high price volatility, which could be a risk factor for investors looking for stable returns. Additionally, the company suffers from weak gross profit margins, which could impact its financial sustainability and growth prospects. For investors interested in a more in-depth analysis, InvestingPro offers additional tips on Rezolve AI's stock performance and financial health at https://www.investing.com/pro/RZLV. While the partnership with Creative Dock may present new opportunities for Rezolve AI, these InvestingPro Insights suggest that investors should carefully consider the company's recent market performance and financial metrics when evaluating its potential for growth and profitability.

Rezolve AI partners with OXID to boost eCommerce with AI By Investing.com

NEW YORK - Rezolve AI (NASDAQ:RZLV), a company specializing in artificial intelligence for mobile commerce, has entered a strategic partnership with OXID, a prominent eCommerce solutions provider focused on the German-speaking market. The alliance aims to enhance online retail platforms for over 2000 retailers by integrating cutting-edge AI and omnichannel Instant Checkout features. OXID, known for its OXID eShop platform, caters to a substantial number of B2B and B2C eCommerce clients in Germany, Austria, and Switzerland. The partnership's goal is to incorporate Rezolve AI's Brain Suite solution into OXID's services to improve customer engagement and conversion rates, ultimately elevating the eCommerce experience for users. The collaboration is set to combine Rezolve AI's innovative technology with OXID's extensive reach, offering advanced AI and marketing solutions that streamline transactions, enhance customer support, and drive revenue growth. Roland Fesenmayr, co-founder and CEO of OXID eSales, stated his excitement about the partnership, emphasizing the revolutionary impact on eCommerce through advanced AI solutions and Instant Checkout for clients. Peter Vesco, GM EMEA at Rezolve, echoed this sentiment, highlighting the potential for business empowerment and optimization of the eCommerce experience. Rezolve AI's platform includes a suite of products such as Brain Commerce for conversational commerce, Brain Checkout for engagement, and Brain Assistant for knowledge management, all designed to redefine the purchasing process and enhance customer interactions. This strategic partnership marks a significant development in the eCommerce industry, as both companies aim to provide merchants with the tools needed to succeed in an increasingly digital marketplace. The collaboration is based on a press release statement from Rezolve AI. In other recent news, Rezolve AI has made significant strides in the digital commerce space. The AI-powered commerce solutions provider has finalized a business combination with Armada Acquisition Corp. I, marking its debut on the Nasdaq Stock Market under the ticker symbols "RZLV" for common shares. This development, which followed stockholder approval, is seen as a significant milestone for both companies, with the leadership of Rezolve AI continuing to steer the company post-merger. In addition to the merger, Rezolve AI has also announced a strategic partnership with conversational social commerce company, ChatWerk. This collaboration is aimed at streamlining the way eCommerce merchants engage with customers on chat platforms such as WhatsApp, Facebook (NASDAQ:META), and Instagram. Through this partnership, Rezolve AI will incorporate its Brain Commerce and Brain Checkout technologies into ChatWerk's platform, offering a more efficient sales process by reducing the need for extensive shop integrations. These recent developments serve as a testament to the ongoing evolution of Rezolve AI, demonstrating its commitment to leveraging AI to enhance customer engagement and transactions in the digital commerce space. As part of these advancements, the company is expected to significantly impact conversational commerce, providing a seamless and cost-effective approach for merchants to engage with customers, drive conversions, and increase sales through personalized communication. As Rezolve AI (NASDAQ:RZLV) embarks on its strategic alliance with OXID, investors and stakeholders are closely monitoring the company's financial health and stock performance. Recent market data reveals that Rezolve AI has a market capitalization of approximately $1.4 billion. However, the company's P/E ratio stands at -30.41, indicating that it is currently unprofitable. Moreover, the stock has experienced significant volatility, with a steep price decline of around 23.91% over the last week. InvestingPro Tips suggest that Rezolve AI's stock generally trades with high price volatility, which is a crucial consideration for potential investors. Additionally, the company's stock has fared poorly over the last month, with a price total return of -29.57%. It is also noteworthy that Rezolve AI does not pay a dividend to shareholders, which might influence investment decisions for those seeking regular income. The recent performance metrics underscore the challenges Rezolve AI faces in the market. Despite the potential for growth through its partnership with OXID, the company's weak gross profit margins and poor free cash flow yield, as highlighted by InvestingPro Tips, are factors that could affect its long-term financial stability. Investors interested in Rezolve AI can find additional insights and tips on InvestingPro, which features a total of 7 tips for the company.

Rezolve AI and OXID Forge Strategic Partnership to Revolutionize eCommerce Solutions - Rezolve AI (NASDAQ:RZLV)

Strategic alliance leverages cutting-edge AI and omnichannel solutions to enhance eCommerce platforms for over 2000 retailers. NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Rezolve AI RZLV, a front-runner in artificial intelligence-powered engagement platforms for mobile commerce, is proud to announce a strategic partnership with OXID, a top provider of eCommerce solutions with a primary focus on the German market. This collaboration is poised to bring cutting-edge AI solutions as well as omnichannel Instant Checkout to eCommerce platforms, leveraging OXID's extensive reach and Rezolve AI's innovative technology. OXID is renowned for its OXID eShop, a leading B2B and B2C e-commerce platform in Germany, Austria, and Switzerland. Serving over 2000 Tier 1 and Tier 2 eCommerce retailers, OXID's key focus in this partnership is to introduce Brain Commerce to their client base. By integrating Rezolve AI's Brain Suite solution, OXID aims to enhance customer engagement, increase conversion rates, and elevate the overall e-commerce experience for their clients. The partnership between Rezolve AI and OXID signifies a significant advancement in the eCommerce industry, bringing together AI technology, omnichannel Instant Checkout, and leading eCommerce platforms to empower businesses and drive growth. Through this collaboration, Rezolve AI and OXID are dedicated to providing merchants with advanced AI and marketing solutions that streamline transactions, improve customer support, and drive revenue growth. Roland Fesenmayr, co-founder and CEO of OXID eSales, expressed enthusiasm for the partnership: "As the co-founder and CEO of OXID eSales, I am excited about our partnership with Rezolve AI. This collaboration will bring advanced AI solutions and Instant Checkout to our clients, revolutionizing eCommerce for a better customer experience." Peter Vesco, GM EMEA at Rezolve, added: "This collaboration with OXID signifies a significant advancement in the eCommerce industry, bringing together innovative AI technology and leading eCommerce platform to empower businesses. Together, we are dedicated to providing merchants with cutting-edge solutions that drive growth, enhance customer engagement, and optimize the overall eCommerce experience." Rezolve AI is a trailblazer in the mobile commerce industry, offering AI-powered engagement platforms that redefine the purchasing process and enhance customer interactions. Rezolve's suite of products includes a Large Language Model (LLM) that utilizes proprietary AI to enhance eCommerce and sales experiences. The "brainpowa" suite comprises Brain Commerce for conversational commerce, Brain Checkout for engagement, and Brain Assistant for knowledge management. Rezolve's AI and cloud-based platform caters to merchants of all sizes, offering instant checkout, omnichannel interactions, direct brand engagement, seamless integration with existing applications, actionable analytics, and a frictionless consumer experience. This strategic partnership between Rezolve AI and OXID marks a pivotal moment in the e-commerce industry, as two innovative companies come together to drive growth, engagement, and success for businesses. About OXID: With 19 years of expertise and thousands of e-commerce installations of well-known customers, OXID eSales AG is one of the leading providers of e-commerce software in German-speaking countries. About Rezolve AI: Rezolve AI is at the forefront of the mobile commerce revolution, offering a powerful AI-driven engagement platform that transforms how retailers, brands, and manufacturers connect with consumers across mobile and desktop devices. Founded in 2016 and headquartered in London, Rezolve AI's scalable platform provides merchants with actionable insights, enabling real-time engagement and seamless transactions. http://www.rezolve.com Urmee Khan Global Head of Communications urmeekhan@rezolve.com +44 7576 094 040 Investor Contact: Kevin McGrath Managing Director TraDigitalIR kevin@tradigitalir.com +1 646 418 7002 Market News and Data brought to you by Benzinga APIs