eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

View Original

UK-based B2B Platform RedCloud Holdings Files For US IPO

RedCloud Holdings operates a B2B platform for trading consumer goods.

UK-based B2B platform RedCloud Holdings has filed for an initial public offer (IPO) that could raise up to $86M in capital. The company operates a platform that services consumer packaged goods trade between brands, distributors, and retailers in fast-growing emerging markets. Retailers can leverage data and AI tools to make better purchases and inventory decisions from brands and distributors. The company generated $30M in revenues for the past twelve months ending in June 2024.

Renaissance Capital: UK-based B2B platform RedCloud Holdings files for an $86 million US IPO