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Alfi shares rise 43% on digital tablet order

Dow Jones Newswires ·  Jun 15, 2021 09:56

By Chris Wack

Alfi Inc. shares were up 43% to $4.91 in early trade after the company said it has entered into an agreement with All-Niter for the fulfillment, staging and shipment of the first 10,000 digital tablets to Uber and Lyft drivers nationwide.

The technology company said rideshare drivers can use the tablets to earn extra income while they drive their customers around.

Alfi said its digital tablets deliver tailored advertisements by age, gender, geography, demographics, brand behavior and interests in real-time. Alfi's computer vision can change and run ads remotely to deliver specific content to specific customers.

Alfi provides data rich reporting that tells the advertisers that someone viewed their ad, the number of views, and each viewer's reaction to the ad, and sends advertisers analytics, accountability, transparency, proof of engagement and actual impressions.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 15, 2021 09:46 ET (13:46 GMT)

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