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FAQ: GlobalTech Corp.'s Acquisition of Moda in Pelle and AI Retail Strategy
TL;DR
GlobalTech Corp. gains a competitive edge by acquiring a 51% stake in Moda in Pelle, expanding revenue streams and strengthening its UK operational footprint.
The acquisition involves GlobalTech Corp. obtaining a 51% controlling interest in Moda in Pelle to enhance ecommerce capabilities and deploy its Thrivo AI platform.
This move fuses heritage retail with AI innovation, creating experience-driven commerce that sets new benchmarks for intelligent retail and consumer engagement.
GlobalTech Corp. merges traditional footwear retail with modern AI technology, redefining intelligent retail through its acquisition of UK brand Moda in Pelle.
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GlobalTech Corp. acquired a 51% controlling interest in 123 Investments Limited, which operates as Moda in Pelle (MIP), a premium U.K. footwear brand.
The acquisition was made to create an additional revenue stream, strengthen GlobalTech's operational footprint in the U.K., boost ecommerce capabilities, expand direct-to-consumer efforts, and support deployment of their Thrivo AI platform within MIP's ecosystem.
The move fuses heritage retail with modern intelligent retail innovation through AI, creating a new benchmark for experience-driven commerce and specifically supports deployment of GlobalTech's Thrivo AI platform within the MIP ecosystem.
Moda in Pelle is a U.K. footwear brand, and this acquisition strengthens GlobalTech's operational footprint in the United Kingdom.
GlobalTech trades under the ticker symbol GLTK (OTC: GLTK). The latest news and updates are available in the company's newsroom at ibn.fm/GLTK.
The acquisition will help GlobalTech expand its ecommerce capabilities and direct-to-consumer efforts, in addition to providing an additional revenue stream.
This acquisition creates a new benchmark for experience-driven commerce by fusing heritage retail with modern intelligent retail innovation through AI technology.
This information was published by TechMediaWire (TMW), which is a specialized communications platform focused on technology companies and part of the Dynamic Brand Portfolio at IBN (InvestorBrandNetwork).
Curated from InvestorBrandNetwork (IBN)
