RedCloud Signs Joint Venture To Transform $166Bn Turkish FMCG Market
RedCloud Holdings plc - Ordinary Shares (RCT)
Company Research
Source: GlobeNewswire
DOHA, Dec. 10, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade announced and signed its second Joint Venture to deploy RedAI in Türkiye, with a minimum contract value of $5m per year over ten years, to transform the country’s $166Bn1 market for Fast Moving Consumer Goods (FMCG). The joint venture agreement was signed on stage at World Summit AI in front of a delegation from the AI Trust Foundation. RedCloud believes the Turkish FMCG market faces the same systemic inefficiencies and waste seen across the globe, resulting in an estimated $22Bn trillion inventory gap2 in Türkiye, where consumer demand for everyday products is mismatched with inventory and stock, due to outdated practices and lack of aggregated trading data and insight across supply chains.RedCloud Türkiye, will be headquartered in Istanbul and is expected to launch operations in the first quarter of 2026, deplo
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News
- RedCloud Delivers Record 2025, Executes $50m Turkiye License and Accelerates Toward $100m Revenue in 2026GlobeNewswire
- RedCloud (NASDAQ:RCT) had its "buy" rating reaffirmed by analysts at Roth Capital. They now have a $4.50 price target on the stock, down previously from $5.00.MarketBeat
- RedCloud (NASDAQ:RCT) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $5.00 price target on the stock.MarketBeat
- RedCloud Releases Earnings, Sets $100m Revenue Target After $50m Türkiye Deal, as AI Infrastructure Scales [Yahoo! Finance]Yahoo! Finance
- RedCloud Releases Earnings, Sets $100m Revenue Target After $50m Türkiye Deal, as AI Infrastructure ScalesGlobeNewswire
RCT
Sec Filings
- 12/11/25 - Form 6-K
- 12/5/25 - Form 6-K
- 10/30/25 - Form 6-K
- RCT's page on the SEC website