tiprankstipranks
Live Verdure Expands AI Capabilities with Decidr.ai Stake Increase
Company Announcements

Live Verdure Expands AI Capabilities with Decidr.ai Stake Increase

Story Highlights

Invest with Confidence:

Live Verdure Ltd ( (AU:LV1) ) just unveiled an update.

Live Verdure Ltd has increased its stake in Decidr.ai to 51% through a $13.2 million interest-free loan, aiming to leverage Decidr’s AI capabilities for wider industry applications. The company reported significant growth in its e-commerce platform, Edible Beauty, and secured new multi-year contracts for Decidr.ai, positioning itself as a leader in AI-driven transformation. These developments highlight the strategic integration of AI to enhance operational capabilities and market competitiveness.

More about Live Verdure Ltd

Live Verdure Ltd is involved in the health and wellness industry, owning brands like Edible Beauty and 13 Seeds. The company is also the majority owner of Decidr.ai Pty Ltd, which provides AI-driven solutions across various sectors including healthcare, FMCG, finance, energy, and media.

YTD Price Performance: 4.65%

Average Trading Volume: 465,222

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$141.2M

Find detailed analytics on LV1 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App