LONDON, Oct. 14, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RCT”) (“RedCloud” or “Company”) ​the RedAI trading platform used by Fast Moving Consumer Goods (‘FMCG’) businesses, today announced the participation of CEO Justin Floyd and Saudi joint venture partner Majid Alghaslan at GITEX 2025 in Dubai from today as the company advances towards launch of RedCloud Arabia. RedCloud believes that its RedAI platform and other products are set to solve the estimated $2Tn global inventory gap1, where inefficie ...

Core Insights - RedCloud Holdings plc has joined the NVIDIA Connect program to enhance its RedAI trading platform aimed at the FMCG supply chain [1][2][3] Company Developments - The partnership with NVIDIA will allow RedCloud to utilize advanced AI frameworks and SDKs to accelerate its product development [2][3] - RedCloud aims to address a $2 trillion global inventory gap within the $14.6 trillion FMCG industry, which affects business performance across supply chains [2][9] - The company has seen a significant increase in customer numbers, more than doubling year-over-year in the first half of 2025 [4] Technology Strategy - RedCloud plans to enhance its AI capabilities, improve real-time inference, and deploy next-generation applications through the NVIDIA Connect program [4] - The company is focused on building AI-native infrastructure to facilitate intelligent trade in FMCG products [4] Market Position - RedCloud's platform provides data-driven insights to retailers, enabling more efficient B2B purchases and inventory decisions [5][6] - The company is pursuing a new partnership strategy for payments and financial services to streamline trades and maximize working capital [4]

Core Insights - RedCloud Holdings plc has joined the NVIDIA Connect program to enhance its RedAI trading platform aimed at addressing the global inventory gap in the FMCG industry [1][2][4] - The company aims to leverage NVIDIA's AI frameworks and expertise to accelerate product development and innovation [2][3] Company Developments - RedCloud's participation in the NVIDIA Connect program will provide access to advanced AI tools, which are expected to improve the capabilities of its trading platform and related applications [3][4] - The company has reported a significant increase in customer numbers, more than doubling year-over-year in the first half of 2025 [4] - Recent strategic moves include a joint venture in Saudi Arabia and a new partnership strategy for payments and financial services to enhance trade efficiency [4] Industry Context - The FMCG industry is estimated to be worth $14.6 trillion, with a $2 trillion inventory gap that affects supply chain performance and growth [2][9] - RedCloud's technology aims to unlock access to critical purchase and sales data, addressing long-standing issues in the FMCG supply chain [5][6]

Group 1 - RedCloud Holdings plc has signed a Joint Venture with Kayanat to transform Saudi Arabia's estimated $60 billion market for Fast Moving Consumer Goods (FMCG) [1][2] - The partnership aligns with Saudi Arabia's Vision 2030, utilizing AI-powered trading technology to enhance the digital exchange of FMCG products [2][4] - RedCloud Arabia will be jointly owned by RedCloud and Kayanat, headquartered in Riyadh, and plans to launch operations in Q4 2025 [3][4] Group 2 - The RedAI platform will facilitate efficient B2B purchases and inventory decisions for retailers, leveraging AI to analyze complex purchasing behaviors [5][6] - The joint venture aims to introduce greater transparency and efficiency to supply chains, empowering local brands to scale and compete globally [4][8] - Kayanat is focused on building local expertise and fostering a self-sustaining economy in alignment with Saudi Vision 2030 [7][8]

Company Growth - RedCloud Holdings plc reported a significant year-over-year increase in customer numbers, with active retailer base growing to 68,089 from 32,405, representing a growth of 110% [2] - The active distributor customers increased by 136% year over year to 1,017, up from 431 during the same period last year [2] Data and Insights - The increase in customer numbers enhances the diversity of inventory data sets on the RedAI Trading Platform, improving data quality, market insights, and trade intelligence for customers [3] - There was a 214% increase in orders containing multiple brands, indicating improved supply consistency and product assortment for retailers [4] Strategic Initiatives - The company emphasizes the importance of customer behavior metrics as indicators of the effectiveness of the RedAI Trading Platform and Red101 app in providing transparency and choice in supply chains [5] - The recently launched TradeX bulk trading program is expected to further support the company's mission to enhance global FMCG trade operations [5] Technology and Platform - RedCloud's trading platform facilitates B2B purchases and inventory decisions using AI-driven insights, simplifying complex purchasing behaviors for retailers [7] - The platform aims to unlock access to key purchase and sales data between brands, distributors, and retailers in high-growth consumer markets [6]