SemiCab Secures First Contract Expansion of 2026 with Unilever India [Yahoo! Finance]
Algorhythm Holdings, Inc. (RIME)
Company Research
Source: Yahoo! Finance
Fort Lauderdale, FL, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME ) – a leading AI technology company, today announced its first contract expansion of 2026. SemiCab was awarded $1.6 million in new business by Hindustan Unilever, Ltd. (“HUL”), the Indian-based subsidiary of Unilever, one of the global leaders in consumer packaged goods and one of the largest shippers in India. The award represents a more than 10x increase in contract value over the value of the pilot program the parties were previously operating under. Beyond the dollar value of the award, the award provides SemiCab with important geographic synergies in the Southern Corridor in Bangalore where SemiCab has a dominant market share in metropolitan areas that act as critical logistics hubs for multiple FMCG and consumer durables companies. The new HUL volume is very complementary to SemiCab's freight network, which will utilize the new HUL volume to minimize empty mileage and
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RIME
News
- SemiCab to Exhibit at LINK 2026 by RILAGlobeNewswire
- Algorhythm (NASDAQ:RIME) was upgraded by analysts at Zacks Research to a "hold" rating.MarketBeat
- SemiCab Secures First Contract Expansion of 2026 with Unilever IndiaGlobeNewswire
- SemiCab Exits 2025 With Record $10 Million Annualized Revenue Run RateGlobeNewswire
- Algorhythm Holdings Announces Major SemiCab Contract Expansion with Apollo Tyres [Yahoo! Finance]Yahoo! Finance
RIME
Sec Filings
- 1/23/26 - Form 8-K
- 12/29/25 - Form 8-K
- 12/16/25 - Form SCHEDULE
- RIME's page on the SEC website