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CORRECTION -- Royal Caviar Club Partners with Rezolve Ai to Elevate Digital Channels with Conversational Commerce

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Royal Caviar Club (RCC), winner of 'Best Luxury Caviar in the World' by Luxury Lifestyle Awards, has partnered with Rezolve Ai (NASDAQ: RZLV) to enhance its digital commerce capabilities. The collaboration will implement Rezolve's BRAiN Commerce suite to create a digital experience matching RCC's physical stores.

The partnership targets the growing caviar market, valued at $2.83 billion in 2024 and projected to reach $4.19 billion by 2028 with a 10.3% CAGR. RCC, with presence in Hong Kong, Macau, Singapore, London, and Dubai, will integrate conversational AI to offer personalized interactions, streamlined checkouts, and AI-driven product recommendations.

Royal Caviar Club (RCC), vincitore del premio 'Miglior Caviale di Lusso al Mondo' assegnato dai Luxury Lifestyle Awards, ha stretto una partnership con Rezolve Ai (NASDAQ: RZLV) per potenziare le sue capacità di commercio digitale. La collaborazione prevede l'implementazione della suite BRAiN Commerce di Rezolve per creare un'esperienza digitale che si abbini ai negozi fisici di RCC.

Questa alleanza si rivolge al crescente mercato del caviale, valutato 2,83 miliardi di dollari nel 2024 e si prevede che raggiungerà 4,19 miliardi di dollari entro il 2028 con un tasso di crescita annuo composto (CAGR) del 10,3%. RCC, presente a Hong Kong, Macao, Singapore, Londra e Dubai, integrerà l'IA conversazionale per offrire interazioni personalizzate, procedure di checkout semplificate e raccomandazioni di prodotti basate sull'IA.

Royal Caviar Club (RCC), ganador del premio 'Mejor Caviar de Lujo del Mundo' otorgado por los Luxury Lifestyle Awards, se ha asociado con Rezolve Ai (NASDAQ: RZLV) para mejorar sus capacidades de comercio digital. La colaboración implementará la suite BRAiN Commerce de Rezolve para crear una experiencia digital que iguale a las tiendas físicas de RCC.

La asociación se dirige al creciente mercado del caviar, valorado en 2,83 mil millones de dólares en 2024 y se proyecta que alcanzará 4,19 mil millones de dólares para 2028 con una tasa de crecimiento anual compuesta (CAGR) del 10,3%. RCC, con presencia en Hong Kong, Macao, Singapur, Londres y Dubái, integrará IA conversacional para ofrecer interacciones personalizadas, procesos de pago simplificados y recomendaciones de productos impulsadas por IA.

로얄 캐비어 클럽(RCC)는 럭셔리 라이프스타일 어워드에서 '세계 최고의 럭셔리 캐비어' 상을 수상하였으며, 레졸브 AI(NASDAQ: RZLV)와 파트너십을 맺어 디지털 상거래 능력을 향상시키고 있습니다. 이 협력은 레졸브의 BRAiN Commerce 제품군을 구현하여 RCC의 오프라인 매장과 상응하는 디지털 경험을 창출할 것입니다.

이번 파트너십은 2024년 28억 3천만 달러로 평가되는 성장하는 캐비어 시장을 타겟으로 하며, 2028년까지 41억 9천만 달러에 이를 것으로 예상되며 연평균 성장률(CAGR) 10.3%를 기록할 것으로 전망됩니다. RCC는 홍콩, 마카오, 싱가포르, 런던, 두바이에 위치하고 있으며, 대화형 AI를 통합하여 개인화된 상호작용, 간소화된 체크아웃 및 AI 기반 제품 추천을 제공할 것입니다.

Royal Caviar Club (RCC), lauréat du prix 'Meilleur Caviar de Luxe au Monde' décerné par les Luxury Lifestyle Awards, s'est associé à Rezolve Ai (NASDAQ: RZLV) pour améliorer ses capacités de commerce numérique. Cette collaboration mettra en œuvre la suite BRAiN Commerce de Rezolve afin de créer une expérience numérique en adéquation avec les magasins physiques de RCC.

Ce partenariat vise le marché en pleine croissance du caviar, évalué à 2,83 milliards de dollars en 2024 et devrait atteindre 4,19 milliards de dollars d'ici 2028, avec un taux de croissance annuel composé (CAGR) de 10,3%. RCC, avec des établissements à Hong Kong, Macao, Singapour, Londres et Dubaï, intégrera une IA conversationnelle pour offrir des interactions personnalisées, des paiements simplifiés et des recommandations de produits alimentées par l'IA.

Royal Caviar Club (RCC), Gewinner des Preises 'Bester Luxus-Kaviar der Welt' bei den Luxury Lifestyle Awards, hat sich mit Rezolve Ai (NASDAQ: RZLV) zusammengetan, um seine digitalen Handelsfähigkeiten zu verbessern. Die Zusammenarbeit wird die BRAiN Commerce Suite von Rezolve implementieren, um ein digitales Erlebnis zu schaffen, das mit den physischen Geschäften von RCC übereinstimmt.

Die Partnerschaft zielt auf den wachsenden Kaviar-Markt ab, der im Jahr 2024 auf 2,83 Milliarden US-Dollar geschätzt wird und voraussichtlich bis 2028 auf 4,19 Milliarden US-Dollar anwachsen wird, mit einer jährlichen Wachstumsrate (CAGR) von 10,3%. RCC, das in Hongkong, Macau, Singapur, London und Dubai vertreten ist, wird konversationelle KI integrieren, um personalisierte Interaktionen, reibungslose Checkout-Prozesse und KI-gesteuerte Produktempfehlungen anzubieten.

Positive
  • Partnership targets a growing market projected to reach $4.19B by 2028 with 10.3% CAGR
  • Integration of AI technology could enhance customer experience and sales efficiency
  • Expansion of digital capabilities to complement existing physical presence in multiple global markets
Negative
  • None.

Insights

This strategic partnership positions Rezolve AI to tap into the rapidly expanding luxury caviar market, projected to reach $4.19 billion by 2028 with a compelling 10.3% CAGR. The deal's significance lies in its potential to capture a substantial share of this growing market through AI-driven commerce solutions.

The collaboration with Royal Caviar Club, a recognized luxury brand with presence in key global markets (Hong Kong, Macau, Singapore, London and Dubai), provides Rezolve AI with a prestigious reference client in the luxury segment. This could accelerate adoption among other high-end retailers looking to modernize their digital commerce capabilities.

The timing is particularly strategic as luxury retailers increasingly seek to bridge the gap between physical and digital experiences. RCC's global footprint and prestigious market position make it an ideal showcase for Rezolve's BRAiN Commerce suite, potentially opening doors to broader luxury market penetration.

The implementation of conversational AI in luxury retail represents a significant technological advancement. Rezolve's BRAiN Commerce suite introduces sophisticated features like personalized interactions and AI-driven product recommendations - critical elements for high-value transactions where customer service expectations are exceptionally high.

What's particularly noteworthy is the creation of an AI-powered digital caviar concierge, which demonstrates the platform's capability to handle complex, knowledge-intensive customer interactions. This use case could serve as a powerful proof-of-concept for Rezolve's technology in other luxury retail segments where product expertise and personalized service are paramount.

AI-Driven Innovation to Redefine Customer Engagement in the Growing $4.19 Billion Caviar Market

NEW YORK and HONG KONG, Jan. 10, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Rezolve AI Ltd, please note Arthur Yao's title has been corrected to "Deputy CEO, Rezolve Ai". The revised release follows:

Royal Caviar Club (RCC), celebrated as the “Best Luxury Caviar in the World” by Luxury Lifestyle Awards, is taking luxury eCommerce to the next level through a strategic partnership with Rezolve Ai (NASDAQ: RZLV). This collaboration leverages Rezolve Ai’s cutting-edge BRAiN Commerce suite to create a seamless digital experience that mirrors the sophistication of RCC’s physical stores.

Rezolve Ai believes that the caviar market, valued by The Caviar Market Report 2024 at $2.83 billion in 2024 and projected to grow at a CAGR of 10.3% to $4.19 billion by 2028, presents significant opportunities for innovation in the luxury segment. With a global presence in Hong Kong, Macau, Singapore, London, and Dubai, RCC is poised to lead the market by integrating conversational AI into its platforms to deliver exceptional customer experiences.

Transforming Luxury eCommerce
RCC’s adoption of Rezolve Ai’s conversational commerce tools will help it redefine the luxury shopping experience, by allowing it to offer personalized interactions, streamlined checkouts, and AI-driven product recommendations. This approach aligns with RCC’s mission to blend tradition with innovation, offering the most sophisticated digital caviar concierge in the world.

“Luxury is synonymous with unparalleled service,” said Oxana Dragun, RCC Co-Founder, known globally as ‘The Caviar Lady.’ “We hire the world’s best chefs and service professionals to craft a unique in-store experience. Now, with Rezolve Ai, we’re elevating our digital presence to offer customers the most knowledgeable Caviar service available.”

Vision Wong, Chairman and CEO of RCC, added: “This partnership reflects our ambition to lead the luxury caviar market. Together with Rezolve AI, we are creating a seamless blend of tradition and modernity.”

Arthur Yao, Deputy CEO, Rezolve Ai, commented: “The partnership between RCC and Rezolve Ai represents the pinnacle of luxury and innovation. Caviar is an icon of refinement, and RCC’s adoption of Rezolve’s Brain Commerce Suite demonstrates how our AI solutions can redefine customer engagement in high-end markets.”

A New Era for RCC
RCC’s integration of Rezolve Ai technology positions it at the forefront of luxury eCommerce innovation. By aligning its physical and digital offerings, RCC is setting new benchmarks for customer satisfaction and engagement in the luxury sector.

About Royal Caviar Club
Royal Caviar Club (RCC) is a leading purveyor of luxury caviar, renowned for its unparalleled quality and dedication to tradition. With operations across major global cities, RCC continues to redefine excellence in the luxury food industry.

About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit www.rezolve.com.

Media Contact
Rezolve AI
Urmee Khan
Global Head of Communications
ur@rezolve.com
+44 7576 094 040
Investor Relations Contact:
CORE IR
+15162222560
investors@rezolve.com

Forward-Looking Statements

Certain statements in this press release may be forward looking in nature within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.Words such as “expect”, “estimate”, “aim,” “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve’s statements and expectations regarding the capabilities and benefits about its Brain Commerce solution and the impact its Brain Commerce solution will have on Royal Caviar Club. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. You are cautioned not place undue reliance on these forward-looking statements. None of Rezolve nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


FAQ

What is the projected market value for caviar by 2028 according to RZLV's announcement?

According to The Caviar Market Report 2024 cited in the announcement, the caviar market is projected to reach $4.19 billion by 2028, growing at a CAGR of 10.3%.

How will RZLV's BRAiN Commerce suite enhance Royal Caviar Club's operations?

RZLV's BRAiN Commerce suite will enable personalized interactions, streamlined checkouts, and AI-driven product recommendations, creating a digital experience that matches RCC's physical stores.

In which global markets does Royal Caviar Club currently operate with RZLV's technology?

Royal Caviar Club operates in Hong Kong, Macau, Singapore, London, and Dubai, where it will implement RZLV's conversational AI technology.

What is the current market value of the caviar industry in 2024 according to RZLV's partnership announcement?

According to The Caviar Market Report 2024 mentioned in the announcement, the current caviar market value in 2024 is $2.83 billion.

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