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RedCloud advances AI deployment in Turkey and Saudi Arabia with $80M joint ventures in FMCG trade.

Market News
20 Apr 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

RedCloud Holdings is moving from R&D to early-stage deployment of its AI-powered RAID engine in Turkey, partnering with a leading distributor to enhance supply chain efficiency in FMCG markets. This follows a $50 million joint venture in Turkey and a licensing deal in Saudi Arabia, together representing up to $80 million in contracted value. The deployment aims to improve demand forecasting and inventory management amid global supply chain disruptions, positioning RedCloud for broader regional expansion. This marks a significant step in embedding AI-driven intelligence into live trade operations across key global corridors.

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