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YPB Group Ltd. ( (AU:CDE) ) has provided an update.
Codeifai Limited has entered into a binding agreement to acquire Trust Codes Global Limited, a leader in item-level traceability and a main competitor in QR code traceability. This acquisition is expected to be revenue accretive, enhance Codeifai’s market position, and expand its client base significantly by adding industry giants as clients and integration partners. The deal will strengthen Codeifai’s presence in key markets and enhance its capabilities in authenticity verification, supply chain traceability, and consumer data insights, aligning with the growing demand for trusted, data-driven solutions in product identity.
More about YPB Group Ltd.
Codeifai Limited is a leading innovator in AI-powered QR code and brand solutions, focusing on traceability and brand protection. The company is positioned in the industry with products like QR serialisation and ConnectQR, and it serves a diverse market with clients including major industry players.
Average Trading Volume: 4,521,439
Technical Sentiment Signal: Sell
Current Market Cap: A$17.72M
Learn more about CDE stock on TipRanks’ Stock Analysis page.
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