CommerceHub acquires AI startup Cadeera and rebrands as Rithum

Date:

Share post:

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.   ·.   ·

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Lumar Launches New Site Speed Metrics to Enhance Website Performance and User Experience

Lumar, a SaaS provider, has launched new site speed metrics for its website intelligence platform. It will help...

Prove Identity Solutions Now Available in AWS Marketplace

Prove Identity, a digital identity solutions provider has made its digital customer experience, identity verification, and identity authentication...

Semasio Launches ContextualPLUS for Revolutionary Contextual Targeting in Advertising

Semasio has launched ContextualPLUS, a product that generates precise contextual targeting segments from a minimal dataset of 300...

Navigating the AI Content Landscape: Challenges, Policies, and Opportunities

https://youtu.be/RmCmASj0uf4 The podcast between Kanika Goswami, Managing Editor, OnDot Media and Andrew Kirkcaldy, CEO By Gamers For Gamers, explores...