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About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE's futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world's largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
NEW YORK STOCK EXCHANGE PRE-MARKET UPDATE DECEMBER 16, 2024
ADA strengthens its position as the leading Data and AI company and the largest integrated ecommerce player in the region with its industry-leading Intelligent Commerce solution that combines Customore's data accelerators and ADA's CoPilot for AI-driven predictive analytics to drive transformational growth in the Consumer Packaged Goods sector.
SINGAPORE, Dec. 17, 2024 /PRNewswire/ -- ADA, the leading Data and AI company and the largest integrated ecommerce provider in Asia, today announced the acquisition of Customore, a leading platform for ecommerce data consolidation. This strategic acquisition enables ADA to launch the CPG industry's most comprehensive Intelligent Commerce solution, designed to accelerate ecommerce success through powerful data insights, AI-driven predictive analytics, and seamless ecommerce operations.
"We are excited to welcome Customore to ADA and to launch our Intelligent Commerce suite," said Srinivas Gattamneni, CEO of ADA. "This revolutionary platform helps businesses harness and unify data, make timely decisions, optimize performance across all stages of the customer journey, and scale digital commerce operations. With Intelligent Commerce, we are setting a new standard for customer-centric growth."
ADA's Intelligent Commerce suite is built on three powerful pillars:
"Our mission is to empower brands to lead in the digital commerce era," said Sherry Tan, Chief of Ecommerce at ADA. "With ADA's Intelligent Commerce, we enable better product decisions, more effective pricing strategies, optimized marketing efforts, enhanced promotions, and smarter investments in digital shelf management."
David Nomber, CEO of Customore, added: "We are thrilled to join ADA and leverage its deep expertise, expansive reach, and resources to accelerate our growth and support ADA's extensive client base."
ADA's Intelligent Commerce solution is already available to brands who can request demos via www.ada-asia.com.
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About ADA
ADA leverages data, artificial intelligence, and technology to transform businesses across Asia. With a robust presence in 12 countries, ADA combines the best of AI and analytics to provide comprehensive digital solutions that drive business performance.
The company has a multi-faceted, data-driven approach that encompasses:
The company's dual headquarters are in Singapore and Malaysia. Notably, ADA's shareholders include industry giants like SoftBank, Axiata, Mitsui, and Sumitomo Corporation.
For more information about ADA and its new Intelligent Commerce solution, please visit www.ada-asia.com or contact the ADA team.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
ADA Acquires Customore, Launching the Most Advanced Intelligent Commerce Solution for the CPG Industry
