AINewsBreaks – GlobalTech Corp. (GLTK) Fusing Retail with AI with Moda in Pelle Deal
GlobalTech (OTC: GLTK) recently closed a definitive agreement to acquire a 51% controlling stake in 123 Investments Limited dba Moda in Pelle (“MIP”), which is a premium U.K. footwear brand. “The transaction was made not only to provide an additional revenue stream but also expand the company’s ecommerce and direct-to-consumer capabilities. GlobalTech also said that the move supports the planned deployment of the company’s Thrivo AI platform within the MIP ecosystem, and boosts the company’s footprint in the U.K.,” reads a recent article. “Founded in 1975, MIP has a long history in the U.K. footwear space and has developed a…