Touch Ventures Ltd. (AU:TVL) has released an update.
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Touch Ventures Ltd. has announced a significant investment of approximately A$10.6 million in Reshop, Inc., a US retail technology company that enhances the refund process for both consumers and retailers. Reshop, supported by notable investors such as Afterpay co-founders, aims to boost customer satisfaction and merchant revenue by offering instant refunds, with partnerships including top brands like Alo Yoga and Steve Madden. This strategic move positions Touch Ventures to capitalize on the promising growth potential in the US retail technology sector.
For further insights into AU:TVL stock, check out TipRanks’ Stock Analysis page.
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