7th June 2023, Kathmandu
Hong Kong-based startup TradeMonday has announced a successful investment round led by SenseTime, a prominent AI company.
The funding will support TradeMonday’s growth, enabling the expansion of its retail analytics products and ChatGPT B2B retail solutions.
TradeMonday’s AI-powered Low-code Modularized Platform provides real-time validation for business decisions in the retail industry.
The investment will fuel research and development efforts to enhance the platform’s capabilities.
By leveraging digital data from sources like social media, in-store traffic, and transactions, TradeMonday empowers retailers, consumer brands, and shopping malls to generate actionable insights for strategic growth.
“We are excited to have SenseTime as our investor,” stated TradeMonday. “Their AI expertise and global network will be instrumental as we develop innovative retail analytics solutions, empowering clients with smarter decision-making.” Additionally, TradeMonday announced the launch of the ChatGPT B2B retail solution, which integrates its proprietary retail big data with ChatGPT for faster and more interactive data queries.
With this recent investment, TradeMonday is well-positioned for continued global growth and plans to secure significant Series A funding in 2023.
The platform, born out of the Cyberport Incubation program, has garnered recognition from notable organizations and has been successfully applied in various industries, including food retail, fashion, cosmetics, electronics, and shopping malls.
