The acquisition of ShareRails was completed by Grey Cloak Tech, Inc. (OTC: GRCK) in March 2017 and is already developing new relationships and creating new online-to-offline business opportunities in southeast China. Excel Management Systems, an IT management firm, had valued the acquisition at over $6.4 million. ShareRails is now enhancing the visibility of brick-and-mortar stores to millions of online shoppers thanks to its ShareRails Online to Offline Platform (O2O), which transforms inventory data into digital content that can be indexed by Google and various other search engines. The platform also seamlessly integrates internet marketing, email marketing, and social media to bridge the gap between traditional and e-commerce stores.
Funding by Tomorrow Ventures (a private equity fund operated by Google) has helped ShareRails reach its goals. In fact, ShareRails founder Joseph Nejman previously led seed investments as Entrepreneur in Residence for the venture capital firm and held various roles at Google. In a recent interview, Nejman said of the basis for the ShareRails O2O platform: “Local retailers are missing out on millions of shopping searches each month because their product inventory and other key information is…
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