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Shares Up as Integrated App Helps Retailers Understand Customer Purchasing Patterns

Today’s digital shopping experience makes it harder for retailers to “know” their customers. This app helps merchants connect separate data and help make business decisions to cut costs and increase revenue base on purchasing patterns.

Fobi AI Inc. (TSX.Venture: FOBI) is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement. The company just announced the integration of the Fobi Platform with Shopify (TSX; NYSE: SHOP) and availability of the Fobi App on the Shopify App Store for purchase by Shopify retailers.

Fobi is one of the only companies in the Shopify App Store currently providing real-time insights and making retailer data immediately actionable. In addition to being an e-commerce platform to help businesses run their online stores, Shopify helps merchants with critical back-end integrations such as shipping, payments and social media marketing. With Fobi, retailers around the world now have access to a powerful tool via the industry-leading real-time data analytics Fobi App.

Shares were trading up near their three-month high at $1.50 in early afternoon trade.