Alfi Inc (NASDAQ:ALF) is one of the biggest gainers in the pre-market session on Tuesday.
Major Trigger:
Alfi Engages Miami-Based Fulfillment and Distribution Center to Rollout 10,000 Uber and Lyft Digital Tablets Nationwide
Key Highlights:
- today announced that it has entered into an agreement with All-Niter for the fulfillment, staging and shipment of the first 10,000 digital tablets to Uber and Lyft drivers nationwide.
- The DOOH world is transitioning rapidly to impression-based accountability with major advertisers and national brands demanding more transparency and better accuracy in reporting metrics. Alfi is far ahead of this curve, having already built, tested, and now deploying these advanced platforms in the OOH world globally. It is incredibly exciting to see these paramount shifts towards ALFI’s intelligent platform.
- Utilizing Alfi’s technology, rideshare drivers can earn extra income while they drive their customers around. Alfi optimizes its network of digital tablets to deliver powerful reach, dynamic visuals, and tailored message capability by age, gender, geography, demographics, brand behavior and interests, all in real-time. Alfi’s computer vision can change and run ads remotely to deliver the right content, to the right person, at the right time in a responsible and privacy compliant manner.
Key Quote:
“We invested into Alfi before we even thought that we had an opportunity of working with them. When I saw the technology, I was blown away that this was already here and running. My whole family invested in the IPO. This technology platform is disruptive and revolutionary. We want to be a part of it,” comments Miguel Radillo, VP of All-Niter.
Market Reaction
As of 8:48, ALF is trading at $4.36, up 28%. So far more than 3.10 million shares have exchanged hands.
 Stock Gains Momentum){kind=link}