Yalo secures USD$20 million investment and strategic partnership to lead the AI-Driven commerce revolution
Summary
Through this investment, Yalo aims to solidify its position as a global pioneer in AI driven conversational commerce, a market exceeding $130 billion within emerging economies. Yalo, which already serves over 2.6mn merchants and 100mn customers, is leading the charge by harnessing the transformative power of artificial intelligence to revolutionize the way businesses engage with their customers.MEXICO CITY, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Yalo, a pioneer in the Artificial Intelligence (AI)-driven conversational commerce, announces a $20 million extension of its Series C, which will serve to deepen its AI capabilities, through a new strategic partnership with Glisco Partners, offering commercial and financial support to drive continued supercharged growth. Its success is evident in its prestigious client portfolio, which includes industry leaders like Coca-Cola, Nestle, Mondelez, Coppel, Banco Azteca, GPA, and many others.Yalo has identified a huge market opportunity that sits at the intersection of conversational commerce and the 2.8T fragmented retail landscape. Its integrated platform merges AI-driven Marketing, Commerce, and Service into one, enabling business to grow and unlock the full potential of customer relationships through messaging apps. Renowned for its commitment to real ROI and its no shelf-ware (TM) promise, Yalo is the choice of leading enterprises like Nestle, Coca Cola, Unilever, and others.