STOCKS TELEGRAPH

Tag: Infobird stock

  • Infobird Co. Ltd. (IFBD) stock Rebounds After Hours

    On January 05, Infobird Co. Ltd. (IFBD) stock rebounded in the after-hours to recover its loss. During the regular session, the stock suffered a loss of 9.08% at its closing price of $1.001. Following the loss, the stock rebounded to gain 9.08% in the after-hours session. Consequently, IFBD was trading at $1.200 apiece in the after-hours with 74.25K shares exchanging.

    Founded in 2020, Infobird Co. Ltd. provides innovative artificial intelligence-enabled customer engagement solutions in China. Currently, its 25.25 million outstanding shares trade at a market capitalization of $30.55 million.

    IFBD Stock Movements

    The IFBD stock had been in an uptrend since the start of this week. After gaining for two days, the stock seems to have entered a downtrend due to profit booking on Wednesday. Hence, it lost 9.08% in the regular trading session to shed its gains to profit bookers. Following the loss, the stock rebounded in the after-hours and investors were kind enough to let it recover almost all of its loss during the day. Moreover, no news from the company was responsible for the recovery of the stock in the after-hours session.

    In the past five days, the IFBD stock has added a value of 3.77% while it lost 5.16% last month. Furthermore, the stock has lost a huge 48.83% in the past three months with a meager gain of 1.86% year to date.

    Partnership with HYCAN

    On December 20, the company announced a service agreement with HYCAN for digital marketing solutions. HYCAN is China’s growing New Electric Vehicle manufacturer (NEV). The company provides intelligent electric vehicles to its customers with a smart and pleasant travel experience. HYCAN is co0invested by Pearl River Investment, GAC Group, and NIO.

    According to the multidimensional partnership, HYCAN will enhance and upgrade its digital marketing tools and capabilities. Further, the brand will also be able to promote its NEVs to the Gen Z customer base more effectively.

    IFBD would be able to provide various customer engagement capabilities to HYCAN through its expertise in digital marketing, intelligent customer engagement, and private realm operations. Hence, Infobird believes in a broader future collaboration opportunity between the two companies.

    Other Developments

    Recently, the company also announced an upgrade to its cloud-based intelligent interactive training SaaS product. The upgrade will enable add to the sales efficiency of enterprises along with customer representative training by tech like AI Chatbots. In addition, the upgraded product also supports training in English for international clients.

  • Infobird Co., Ltd. (IFBD) Stock Surges Following Successful Launch of Intelligent SaaS Solution for Leading Client

    Infobird Co., Ltd. (IFBD) Stock Surges Following Successful Launch of Intelligent SaaS Solution for Leading Client

    Infobird Co., Ltd. (IFBD) stock prices were up by 8.49% shortly after market trading commenced on July 20th 2021, bringing the price per share up to USD$3.45 early on in the trading day.

    IFBD’s SaaS Product

    July 20th 2021 saw the company announce the successful implementation of its proprietary Intelligent Quality Inspection SaaS with a leading Chinese Fintech company. The SaaS product has facilitated the realization of intelligent management and operation by IFBD’s client’s customer service platform. The Intelligent Quality Inspection SaaS also serves as the basis for further upgrading of the client’s customer service.

    Intelligent Quality Inspection

    The company has persisted in promoting the implementation of intelligent quality inspection across a myriad of market sectors over the past few years, serving to facilitate the expansion of the scope of application of intelligent quality inspection. Since its inception, Intelligent Quality Inspection has catered to financial, e-commerce, retail, and other industries. The standardized intelligent SaaS product will give clients the ability to better track the engagement between the company and its end customers.

    Scope of IFBD’s Solution

    With a range of applicability in so many sectors, the solution is essential for the financial industry on account of its very high compliance and service requirements for customer and sales centers. The company’s success in serving its Fintech client with Intelligent Quality Inspection will serve as the track record that will bolster IFBD’s foray into the financial industry.

    Advantages of IQI

    The partnering Fintech company prioritizes customer service, while constantly seeking to elevate the quality of management and customer service it offers. This is facilitated by various methods, including, but not limited to, quality inspection and training. The adoption of the Intelligent Quality Inspection system has seen the advancement from manual inspections by random sampling to automatic inspection with 100% coverage. This results in the obsolescence of quality inspectors with the achievement of 100% inspections serving to comprehensively improve management efficiency. With such complete coverage, the company negates the risk of product or service defects slipping through the cracks of selective, random inspections.

    Future Outlook for IFBD

    Armed with the successful implementation of its leading SaaS product, IFBD is poised to capitalize on the expanded scope of opportunities it finds at its disposal as a result of its partnership. Investors are hopeful that the success of this collaboration will pave the way for the company to expand its network of clients, ushering in significant and sustained increases in shareholder value over the long term.