CommerceHub acquires AI startup Cadeera and rebrands as Rithum


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CommerceHub Inc., a provider of online retail software, announced today that it has expanded its artificial intelligence capabilities by acquiring Cadeera, a U.K.-based startup.

The agreement was announced by the business along with a significant rebrand. After more than 20 years of business under its current name, CommerceHub will now operate under the name Rithum Holdings Inc.

According to the firm, about 40,000 retailers and product manufacturers use Rithum’s platform, which helps them manage their e-commerce businesses. The company claims that over USD 50 billion worth of online transactions are handled by its platform annually. For its clients, Rithum also oversees an annual advertising budget of more than USD 500 million.

Read More: CommerceHub acquires AI startup Cadeera and rebrands to Rithum

TalkMartech Bureau
TalkMartech Bureau
TalkMarTech keeps marketing leaders updated with the newest technology innovations, disruptive tech initiatives, and the most relevant MarTech-stack updates and conversations across the globe.   ·.   ·


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