RedCloud Holdings plc operates a cloud-based digital marketplace that primarily supports business-to-business transactions in key emerging markets like Argentina, Brazil, Nigeria, and South Africa. The company's core offering, the RedCloud Platform, is designed to streamline the exchange of fast-moving consumer goods (FMCG) throughout commercial supply networks. This platform empowers retailers in these regions by providing AI-powered, data-driven intelligence. This intelligence aids them in making optimal purchasing and inventory management choices from brands and distributors, leveraging analytics of buying patterns and product availability. Established in 2012, RedCloud is headquartered in London, United Kingdom.
RedCloud Signs 3-Year Argentina Agreement, Forecasting $20m Revenue and $1.2Bn in FMCG Trade through RedAI
RedCloud signed a three-year agreement with Golomax and Picking Up in Argentina, forecasting $1.2Bn in traded goods and approximately $20m in revenue for RedCloud over the term.
The deal involves deploying RedAI RAID into an ecosystem of 523 wholesalers and 40,000 buyers, marking a shift to a revenue-share model on existing networks rather than building new infrastructure.
This expansion follows deployments in Türkiye and Saudi Arabia, utilizing a proprietary dataset representing $6.9Bn in traded value and models built on Anthropic and OpenAI technology.