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Loop Insights Inc. (OTCQB: RACMF) is making strides in the tech-driven marketplace with its AI-based real-time data analytics for customer engagement. Recent partnerships include becoming a technology partner for a $2.7 billion resort project in Las Vegas and managing fan engagement for a major NCAA basketball game. Additionally, Loop has formed a strategic alliance with NielsenIQ to enhance the retail sector. These collaborations reflect Loop's aggressive expansion and potential market disruption in the AI space.
Loop Insights has successfully integrated its Wallet pass platform with The Coupon Bureau's new Universal Digital Coupon standard. This innovative solution aims to enhance the coupon redemption experience for consumers while reducing fraud, an issue costing CPG brands up to $600 million annually. The partnership is expected to generate significant revenue through various models, including earnings per coupon redemption and retailer participation fees. The collaboration positions Loop Insights for accelerated growth in the evolving retail landscape.
Loop Insights Inc. (RACMF:OTCQB) has engaged Emerging Markets Consulting, LLC (EMC) for a 12-month period at a cost of $250,000 USD. The partnership aims to enhance Loop's global brand awareness and product recognition, crucial for its goal of uplisting to a major exchange. CEO Rob Anson emphasized the importance of capital market awareness in key investor markets. EMC, experienced in investor relations, seeks to bolster Loop’s visibility among institutional and retail investors.
Loop Insights Inc. has signed a Letter of Intent with All Net LLC for a $2.7 billion entertainment venue in Las Vegas. The All Net Resort will feature a 23,000-seat arena, a 500-room luxury hotel, and a 250,000 sq. ft. convention center, among other attractions. Loop will provide a custom technology stack for real-time customer engagement, leveraging its AI analytics and digital wallet platform. This partnership is set to enhance Loop's leadership in venue management and fan engagement.
Loop Insights Inc. (RACMF) has been selected to provide its venue management and fan engagement solution for two major NCAA Basketball events in Las Vegas: the Duke vs. Gonzaga game on November 26, 2021, and the Roman Main Event from November 19-21, 2021. These events are expected to draw record crowds, and Loop’s platform will enable real-time fan engagement and targeted promotions. Loop anticipates significant revenue potential through per-user fees and event licenses, enhancing its reputation in the sports industry while contributing to the reopening efforts post-pandemic.
Loop Insights (RACMF) has partnered with Certas Energy UK, the UK's largest fuel distributor, to launch a Proof of Concept (PoC) at multiple gas stations. This initiative targets a £4.5 billion gasoline sector and aims to integrate Loop's Insights platform with Certas' customer engagement system. Loop's Fobi IoT device will collect retail data and enhance customer loyalty through a mobile program. Successful completion of the PoC could lead to an expanded partnership, utilizing Loop's analytics dashboard across Certas' 650+ locations, optimizing operations and engaging motorists more effectively.
NielsenIQ and Loop Insights Inc. have formed a strategic alliance aimed at revolutionizing the retail sector in North America. This partnership integrates NielsenIQ’s data analytics with Loop's real-time solutions, enhancing customer engagement and driving personalized shopping experiences. The collaboration allows brick-and-mortar retailers to benefit from improved consumer behavior insights and operational efficiencies. Both companies are poised to leverage their strengths, with Loop targeting global enterprise scale through this partnership.
Loop Insights Inc. (RACMF) has successfully executed its venue management platform at the inaugural MGM Resorts Championship PGA Tournament, marking its fourth successful implementation. The platform achieved unprecedented engagement rates, including a 52% click-through rate for promotions related to the event. With Nevada allowing 100% capacity for live events starting June 1, the company anticipates further discussions with major sports organizations, positioning itself strongly for growth in the evolving sports and entertainment landscape.
Loop Insights has joined the Oracle Partner Network, enhancing its presence in the POS market. This partnership allows Loop to connect with Oracle's extensive retail client base, facilitating access to real-time data and cloud solutions. Oracle represents 12% of the global POS market, with forecasts predicting the POS terminal market to grow from US$68.20 Bn in 2019 to US$149.35 Bn by 2028. CEO Rob Anson anticipates that this integration will significantly boost Loop's client base and collaborations.
Loop Insights Inc. (OTCQB: RACMF) successfully completed its acquisition of mediahelden GmbH d/b/a Passcreator on April 14, 2021, following TSXV approval. The deal involved issuing 1,301,425 common shares as consideration. Passcreator, a German mobile marketing software company, offers a scalable, GDPR-compliant solution suitable for businesses of all sizes. This acquisition is expected to enhance Loop's capabilities in AI-driven marketing solutions across various industries, positioning it for potential revenue growth.
