reAlpha’s Subsidiary AiChat Partners with M1, a Telecom Provider, to Launch WhatsApp Pay Integration
reAlpha Tech Corp. (Nasdaq: AIRE) announces a significant milestone achieved by its subsidiary, AiChat. AiChat has partnered with M1 , a major Singaporean mobile network operator, to launch WhatsApp Pay as part of M1's social commerce strategy in Singapore. As M1's official WhatsApp business solution partner, AiChat integrated its AI chatbot capabilities with WhatsApp Pay, powered by Stripe's financial infrastructure.
This integration allows select M1 Corporate Individual (CORI) plan subscribers to reserve and secure flagship phones directly through WhatsApp, including making deposits and reservations within a single, conversational flow. The collaboration aims to demonstrate the power of conversational commerce in driving customer satisfaction and business growth. reAlpha remains committed to advancing AI in real estate and exploring synergies with AiChat's capabilities, while expanding through strategic acquisitions.
reAlpha Tech Corp. (Nasdaq: AIRE) annuncia un traguardo significativo raggiunto dalla sua controllata, AiChat. AiChat ha stretto una partnership con M1, un importante operatore di rete mobile di Singapore, per lanciare WhatsApp Pay come parte della strategia di commercio sociale di M1 a Singapore. In qualità di partner ufficiale per le soluzioni aziendali di WhatsApp di M1, AiChat ha integrato le sue capacità di chatbot AI con WhatsApp Pay, supportato dall'infrastruttura finanziaria di Stripe.
Questa integrazione consente a selezionati abbonati al piano Corporate Individual (CORI) di M1 di riservare e assicurare smartphone di punta direttamente tramite WhatsApp, inclusi depositi e prenotazioni all'interno di un'unica conversazione fluida. La collaborazione mira a dimostrare il potere del commercio conversazionale nel promuovere la soddisfazione del cliente e la crescita aziendale. reAlpha rimane impegnata nell'avanzamento dell'AI nel settore immobiliare ed esplora sinergie con le capacità di AiChat, mentre si espande attraverso acquisizioni strategiche.
reAlpha Tech Corp. (Nasdaq: AIRE) anuncia un hito significativo alcanzado por su subsidiaria, AiChat. AiChat se ha asociado con M1, un importante operador de red móvil en Singapur, para lanzar WhatsApp Pay como parte de la estrategia de comercio social de M1 en Singapur. Como socio oficial de soluciones comerciales de WhatsApp de M1, AiChat ha integrado sus capacidades de chatbot de IA con WhatsApp Pay, respaldado por la infraestructura financiera de Stripe.
Esta integración permite a los suscriptores seleccionados del plan Corporate Individual (CORI) de M1 reservar y asegurar teléfonos insignia directamente a través de WhatsApp, incluyendo depósitos y reservas dentro de un único flujo conversacional. La colaboración tiene como objetivo demostrar el poder del comercio conversacional para impulsar la satisfacción del cliente y el crecimiento empresarial. reAlpha sigue comprometida en avanzar en IA en bienes raíces y explorar sinergias con las capacidades de AiChat, mientras se expande a través de adquisiciones estratégicas.
reAlpha Tech Corp. (Nasdaq: AIRE)는 자회사인 AiChat가 달성한 중요한 이정표를 발표합니다. AiChat은 싱가포르의 주요 이동통신 사업자 M1와 파트너십을 체결하여 M1의 소셜 커머스 전략의 일환으로 WhatsApp Pay를 출시합니다. M1의 공식 WhatsApp 비즈니스 솔루션 파트너로서 AiChat은 Stripe의 금융 인프라로 구동되는 WhatsApp Pay와 AI 챗봇 기능을 통합했습니다.
이 통합을 통해 선택된 M1 Corporate Individual (CORI) 계획 구독자는 주요 스마트폰을 예약하고 확보할 수 있으며, 여기에는 단일 대화 흐름 내에서의 보증금 및 예약이 포함됩니다. 이 협력은 고객 만족도와 비즈니스 성장을 촉진하는 대화형 상거래의 힘을 입증하는 것을 목표로 합니다. reAlpha는 부동산 분야에서 AI 발전에 계속 헌신하며 AiChat의 능력과의 시너지를 탐색하면서 전략적 인수를 통해 확장합니다.
reAlpha Tech Corp. (Nasdaq: AIRE) annonce une étape importante franchie par sa filiale, AiChat. AiChat s'est associé à M1, un grand opérateur de réseau mobile de Singapour, pour lancer WhatsApp Pay dans le cadre de la stratégie de commerce social de M1 à Singapour. En tant que partenaire officiel de la solution commerciale WhatsApp de M1, AiChat a intégré ses capabilités de chatbot IA avec WhatsApp Pay, soutenu par l'infrastructure financière de Stripe.
Cette intégration permet à certains abonnés au plan Corporate Individual (CORI) de M1 de réserver et sécuriser des téléphones phares directement via WhatsApp, y compris la possibilité de faire des dépôts et des réservations dans un seul flux convérsationnel. La collaboration vise à démontrer la puissance du commerce conversationnel pour améliorer la satisfaction client et la croissance des affaires. reAlpha reste engagé à faire avancer l'IA dans l'immobilier et à explorer des synergies avec les capacités d'AiChat, tout en s'étendant par le biais d'acquisitions stratégiques.
reAlpha Tech Corp. (Nasdaq: AIRE) kündigt einen bedeutenden Meilenstein an, der von seiner Tochtergesellschaft AiChat erreicht wurde. AiChat hat sich mit M1, einem großen mobilen Netzwerkbetreiber in Singapur, zusammengeschlossen, um WhatsApp Pay im Rahmen von M1s Social Commerce-Strategie in Singapur einzuführen. Als offizieller WhatsApp-Geschäftslösungspartner von M1 hat AiChat seine KI-Chatbot-Funktionen mit WhatsApp Pay integriert, das von Stripes Finanzinfrastruktur unterstützt wird.
Diese Integration ermöglicht es ausgewählten Abonnenten des Corporate Individual (CORI) Plans von M1, Flaggschiff-Handys zu reservieren und zu sichern, und zwar direkt über WhatsApp, einschließlich der Möglichkeit, Einzahlungen und Reservierungen innerhalb eines einzigen, konversationellen Ablaufs vorzunehmen. Die Zusammenarbeit zielt darauf ab, die Kraft des konversationellen Handels zur Steigerung der Kundenzufriedenheit und des Geschäftswachstums zu demonstrieren. reAlpha bleibt beständig engagiert, AI im Immobilienbereich voranzutreiben und Synergien mit den Fähigkeiten von AiChat zu erkunden, während es durch strategische Akquisitionen expandiert.
- Partnership with M1, a major Singaporean telecom provider
- Integration of AI chatbot capabilities with WhatsApp Pay
- Expansion into social commerce and conversational commerce
- None.
Insights
The partnership between AiChat and M1 to integrate WhatsApp Pay marks a significant step in social commerce evolution. This AI-powered solution streamlines the purchase process for high-value items like flagship phones, potentially increasing conversion rates and customer satisfaction. The integration of chatbot capabilities with payment functionality creates a seamless user experience, which could set a new standard in the telecom industry.
However, the impact on reAlpha's core business of AI in real estate isn't immediately clear. While this demonstrates the versatility of AiChat's technology, investors should watch for how reAlpha plans to leverage these capabilities in the real estate sector. The company's strategy of expanding through acquisitions like AiChat shows potential for diversification, but also raises questions about focus and resource allocation.
Overall, this development showcases technological prowess but its direct impact on reAlpha's financial performance remains to be seen. Investors should monitor for concrete metrics on user adoption and revenue generation from this new integration to gauge its true value.
This partnership represents a strategic move in the rapidly growing social commerce market. By integrating AI-powered chatbots with WhatsApp Pay, AiChat and M1 are tapping into the trend of conversational commerce, which is gaining traction globally. The ability to complete high-value transactions within a messaging app could significantly reduce friction in the purchasing process.
For reAlpha, this development demonstrates the potential of its subsidiary AiChat, but it's important to note that this is currently to Singapore and a select group of M1 subscribers. The scalability and potential expansion to other markets will be important factors to watch. Additionally, investors should consider how this aligns with reAlpha's core focus on AI in real estate.
While innovative, the direct financial impact on reAlpha remains uncertain. The company's market cap of
Advancing Social Commerce in Singapore Using AI-powered Conversational Solutions
DUBLIN, Ohio, Oct. 14, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announces a significant milestone recently achieved by its subsidiary, AiChat Pte. Ltd. (“AiChat”). AiChat, a leading provider of AI-powered conversational solutions, has partnered with M1 Limited (“M1”), one of Singapore’s largest mobile network operators, to launch WhatsApp Pay as part of M1’s social commerce strategy in Singapore.
As M1’s official WhatsApp business solution partner, AiChat integrated its AI chatbot capabilities with WhatsApp Pay, which is powered by Stripe’s financial infrastructure. This integration allows select M1 Corporate Individual (CORI) plan subscribers to reserve and secure flagship phones directly through WhatsApp, including making deposits and reservations within a single, conversational flow.
Kester Poh, CEO of AiChat, stated, “We believe our collaboration with M1 and the integration of WhatsApp Pay demonstrates the power of conversational commerce in driving both customer satisfaction and business growth.”
“reAlpha remains committed to advancing AI in real estate and exploring synergies with AiChat’s capabilities, while expanding through strategic acquisitions,” said Interim Chief Financial Officer, Rakesh Prasad.
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit https://www.realpha.com/.
About AiChat Pte. Ltd.
AiChat Pte. Ltd., a subsidiary of reAlpha, is a Singapore-based company that develops AI-powered conversational customer experience solutions. Its platform leverages AI to provide businesses with intelligent chatbots and automation tools that improve customer interactions and operational efficiency. For more information about AiChat, visit www.aichat.com.
About M1 Limited
M1 Limited is Singapore’s first digital network operator, providing a suite of communications services, including mobile, fixed line, and fiber offerings, to over two million customers. Since the launch of commercial services in 1997, they have achieved many firsts – becoming one of the first operators to be awarded one of Singapore’s two nationwide 5G standalone network licenses, first operator to offer nationwide 4G service, as well as ultra high-speed fixed broadband, fixed voice, and other services on the Next Generation Nationwide Broadband Network (NGNBN).
Forward-Looking Statements
The information in this press release includes “forward-looking statements”. Forward-looking statements include, among other things, statements about the AiChat partnership with M1; the anticipated benefits of the AiChat partnership with M1, reAlpha’s ability to anticipate the future needs of the short-term rental market; future trends in the real estate, technology and artificial intelligence industries, generally; and reAlpha’s future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha’s ability to commercialize its developing AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to integrate the business of AiChat into its existing business and the anticipated demand for AiChat’s services; reAlpha’s ability to integrate AiChat’s chatbot capabilities in its reAlpha homebuying platform; reAlpha’s ability or the inability to maintain and strengthen reAlpha’s brand and reputation; the inability to accurately forecast demand for short-term rentals and AI-based real estate focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings.
Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements.
Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements.
For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC.
Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Media Contact
irlabs on behalf of reAlpha
Fatema Bhabrawala
fatema@irlabs.ca
FAQ
What is the partnership between AiChat and M1 for?
How does the WhatsApp Pay integration benefit M1 subscribers?
What is reAlpha Tech Corp.'s (AIRE) involvement in this partnership?
What technology powers the WhatsApp Pay integration for M1?
