SG retail-tech unicorn Trax acquires European AI tech firm Qopius

SG retail-tech unicorn Trax acquires European AI tech firm Qopius

Trax co-founders Joel Bar-El, CEO (left), and Dror Feldheim, Chief Commercial Officer.

Retail technology unicorn Trax announced that it has acquired Paris-based AI in-store technology solutions provider Qopius for an undisclosed amount, marking yet another international acquisition by the Singapore-based tech firm.

The deal follows three other recent acquisitions by Warburg Pincus-backed Trax, including LenzTech in China (Jun 2019), Shopkick in the US (Jun 2019) and Planorama in Europe (Jul 2019).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter