Brief: Fobi Signs LoI To Acquire The Intellectual Property And Assets Related To Basket

Fobi AI

12/05/2022 13:27

May 12 (Reuters) - Fobi AI Inc  FOBI.V :
    * FOBI SIGNS LOI TO ACQUIRE THE INTELLECTUAL PROPERTY AND
ASSETS
RELATED TO BASKET, A GLOBAL MARKET LEADING RETAIL PRICE
COMPARISON APP AND SHOPPER INTELLIGENCE DATA PLATFORM SERVICING
TIER 1 RETAIL & CPG BRANDS
    * FOBI AI - SEES SYNERGIES BETWEEN BASKET AND QPLES BY FOBI
GCN IS
EXPECTED TO DRIVE INCREASED ADVERTISING REVENUE, HIGHER ARPU
WITH COUPONS AND PROMOTIONS

Source text for Eikon:  ID:nGNX5Vh3kC 
Further company coverage:  FOBI.V 

 ((Reuters.Briefs@thomsonreuters.com;))