Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Nextech AR has signed deals with several Asian ecommerce aggregators
  • These aggregators will act as referral partners in Asia
  • Asia is the world’s largest ecommerce B2C market and is expected to represent over 61 per cent of the worldwide ecommerce market by 2024
  • Threedy.ai leverages AI to enhance the building of quality 3D models from simple 2D photos for ecommerce websites
  • Evan Gappelberg, CEO of Nextech AR, sat down with Caroline Egan to highlight the partnerships and the exciting opportunities that lie ahead
  • NexTech AR is a leader in the rapidly growing augmented reality industry
  • Nextech AR Solutions (NTAR) opened trading at $1.85 per share

Nextech AR Solutions (NTAR) is proud to announce that multiple ecommerce aggregators are using Threedy.ai, the company’s AR for ecommerce solution.

These aggregators, representing approximately 400,000 ecommerce sites, will act as referral partners in Asia for Threedy.ai.

Asia is the world’s largest ecommerce B2C market and is expected to represent over 61 per cent of the worldwide ecommerce market by 2024.

Threedy.ai leverages artificial intelligence (AI) to enhance the building of quality 3D models from simple 2D photos at scale for ecommerce websites. Using Threedy’s proprietary AI, the production of 3D models can be scaled to 1,000s of 3D models per week.

Evan Gappelberg, CEO of Nextech AR commented on the company’s strategy.

“These partnerships in Asia are setting us up for what we are seeing as the rapid global adoption of 3D models and AR in ecommerce and the metaverse.” He continues, “We are seeing growing demand for our 3D model creation capabilities and we are driving very hard toward a self service platform, which when launched we believe will create additional demand, especially in ecommerce”.

Nextech AR is in the early stages of an important period of growth and transition of its AR business, with a clear vision to build a unified platform containing a suite of augmented reality solutions.

NexTech AR is a leader in the rapidly growing augmented reality industry.

Nextech AR Solutions (NTAR) opened trading at $1.85 per share.


More From The Market Herald
Pluribus Technologies - CEO, Richard Adair.

" Pluribus Technologies completes equity financing

Pluribus Technologies has completed a C$25M equity financing.
The Market Herald Video

" LUXXFOLIO Holdings (CSE:LUXX) provides operational update

LUXXFOLIO Holdings’ (LUXX) November updates includes record mining revenues of approximately $1.8 million and monthly rewards of 23.5 Bitcoin.
Victory Square Technologies - CEO, Shafin Diamond Tejani

" Victory Square Technologies (CSE:VST) to issue the second tranche of dividend

Victory Square (VST) will issue the second tranche of its special dividend of common shares of portfolio company Fantasy 360 Technologies in December

" Upco International (CSE:UPCO) announces Q3 2021 interim financial results

Upco International (UPCO) focused on growing its wholesale telecom business in the third quarter, resulting in higher revenue.