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Diversifying past money with cloud-native, Unified Commerce Platform options.
BASINGSTOKE, England — Glory World Options (Worldwide) Ltd, a wholly-owned subsidiary of GLORY Ltd. [TYO:6457] declares plans to accumulate 100% of the issued share capital of Flooid, a pacesetter in cloud-based unified commerce software program to the retail trade, from Inflexion Personal Fairness Companions.
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Headquartered in Coventry, UK with operations within the USA, Flooid focusses on serving to retailers ship seamless experiences throughout all buyer touchpoints with a robust cloud-native, hardware-agnostic, unified commerce platform. Driving conventional level of sale, self-checkout, cell POS, self-order and pay kiosks and convertible lane from a single platform, Flooid’s software program handles pricing, fee, receipts, taxation, promotions, coupons, orders, deliveries, and extra, no matter retailer format or phase.
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Acknowledged by trade analyst IDC as a “Main Participant”1., Flooid has present shoppers throughout Europe, North America and South Africa together with M&S, John Lewis Partnership, Walgreens, Hudson Information, Decide’n’Pay and Woolworths.
Talking in regards to the acquisition Akihiro Harada, Chairman and Chief Govt Officer at Glory World Options mentioned, “The acquisition of Flooid shall be a big strategic step for Glory. Their core worth proposition for retailers round enhancing operational effectivity, lowering price, delivering a seamless buyer expertise and having a optimistic environmental impact are in lock-step with these of Glory’s present options. The addition of Flooid will construct not simply on our current retail options portfolio, it would develop our annuity income streams pushed by their software program as a service enterprise mannequin.”
Motozumi Miwa, President of GLORY LTD. mentioned, “The funding to accumulate Flooid is one other step within the execution of Glory’s Lengthy-Time period Imaginative and prescient and is straight aligned with the corporate’s diversification past money and development technique. Glory’s international presence and present relationships with main retailers around the globe will assist open up new markets for the Flooid resolution and energy the subsequent part of development for each corporations.”
Diane Palmquist, CEO of Flooid commented. “Becoming a member of Glory shall be an thrilling step in our journey to achieve extra retailers with our unified commerce platform. Turning into half of a giant international ecosystem extends the attain of our options into new markets and Glory brings us new options to supply these retailers.”
The Acquisition is topic to the approval of Flooid’s shareholders and the conclusion of the share buy settlement.
- IDC’s MarketScapeWorldwide POS Software program Distributors in Grocery & Meals Retail Vendor Evaluation 2022
About GLORY
As a worldwide chief in money expertise options, we offer the retail, QSR, monetary, money middle and gaming industries with confidence that their money is protected and at all times working to assist construct a stronger enterprise.
Our money automation applied sciences and course of engineering companies assist companies in additional than 100 international locations optimize the dealing with, motion and administration of money. Whereas we span the globe, we personally interact with every buyer to deal with their distinctive challenges and objectives — enhancing workers effectivity, lowering working prices and enabling a extra rewarding buyer expertise.
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Using round 11,000 professionals worldwide with devoted R&D and manufacturing services the world over, GLORY is constructed on a wealthy customer-focused, technology-driven heritage spanning greater than 100 years.
For additional info please go to www.glory-global.com or observe us on Twitter: http://twitter.com/glory_global.
About Flooid
Flooid helps retailers create the seamless buying experiences clients demand.
Flooid’s unified commerce platform empowers retailers to promote to clients flexibly and constantly wherever they’re and nonetheless they select to buy. Our greatest of breed open ecosystem givers retailers the facility to attach main retail tech companions with a single unified commerce platform to interact along with your buyers, promote extra successfully throughout channels and adapt to retail buying adjustments we now have but to think about.
View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20231226050416/en/
Contacts
Paul Race
Vice President Strategic Advertising and marketing
+44 (0)7887 052 366
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