RedCloud Expands RedAI Deployment in Nigeria With Beverage Customer Win

MT Newswires Live
Jun 08

RedCloud (RCT) has signed a Nigerian beverage manufacturer to its RedAI platform in an initial three-month commercial engagement that could scale deployment to up to 100,000 retailers in Lagos, the company said Monday.

Financial details of the agreement weren't provided.

The rollout will begin with about 2,500 participating retailers and is structured under tiered subscription agreements that allow for progressive expansion across the customer's distribution network, the company said.

Shares of RedCloud were up 5% in premarket activity.

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