Shopic Inc.

• Booth: 8138

Shopic provides Smart Cart and store digitalization solutions to the world’s leading grocers, bringing the advantages of online commerce to their physical stores. Our computer vision-based clip-on device turns any regular shopping cart into a Smart Cart. It delivers a smooth shopping experience, instant on-cart checkout, just-in-time personalized promotions, and analytical insights from the retail floor. With only two cameras, Shopic Vision & AI powered Smart Cart is the only one in the industry to recognize tens of thousands of SKUs with high accuracy based solely on visual data. How we’re doing it: We’ve built a comprehensive front-end digitalization platform that has three parts: (1) A computer vision-based smart cart that automatically identifies product insertions and delivers a frictionless shopping experience, with a personalized store journey and line-skipping self-checkout (2) A promotions engine that tailors ads and offers to shoppers and displays them on the cart’s screen, exactly where and when they select products. (3)An analytics engine that optimizes store management with real-time tracking of shopper carts and store shelves

 Press Releases

• Intermarché is Testing Smart Carts (Nov 24, 2024)
  As part of a collaboration with Shopic and Capgemini, Intermarché is the first European retailer to trial a Smart Cart solution at its store in Provins, France (77 - Seine-et-Marne). Using a unique AI-powered device, each cart can automatically detect items. This initiative aims to enhance the shopping experience for customers and streamline the checkout process.
  
  "We are delighted with our collaboration with Shopic for this pilot project, which is an excellent opportunity to concretely test the benefits of AI, using computer vision, for retail. Customers of the Provins supermarket will benefit from a simplified, fast, and efficient shopping journey thanks to the smart carts," says Perrine Vignon, owner of Intermarché in Provins.

• Walmart Chile and Shopic Transform Chilean Retail (Dec 04, 2024)
  Operating under the name “Al Carro de Líder,” Walmart Chile is expanding this innovative shopping solution, unique in the country, to elevate the customer experience across its Lider Express stores. After implementing a pilot together with Shopic - a startup at the forefront of retail technology - Walmart Chile seeks to strengthen the shopping experience of its customers, making it simpler, faster, and more convenient through innovation.
  
  Shopic's technology allows Walmart Chile, through five of its Lider Express stores, to stand out as a pioneer in the retail market. It is the first local supermarket chain to adopt this computer vision-based Smart Cart.

  “At Walmart Chile, we are committed to helping our customers save money and live better. Implementing new technologies that save time for our customers is one of the ways we bring this mission to life. We are happy to expand into five new districts in the Metropolitan Region, bringing innovation closer to more people, enhancing their shopping experience, and putting a smile on our customers' faces with every visit,” says Frank Eckert, Manager of Central Operations at Walmart Chile.

• Shopic Appoints Gonzalo Troncoso as CFO (Dec 17, 2024)

  Shopic is proud to announce that Gonzalo Troncoso will be joining the company as Chief Financial Officer. Mr. Troncoso brings a wealth of experience to Shopic, having played key roles as CFO and President of Web Services at Web.com (NASDAQ: [WWWW]), Chief Operating Officer of Dun & Bradstreet Credibility Corp, and as Founding Partner & CFO of investment firm Bryant Stibel. His proven track record in senior leadership roles, paired with his knowledge and expertise in finance, positions him to support Shopic into its next growth chapter.

  “I’m honored to join Shopic at this exciting stage of its journey. Together, we will innovate, expand, and transform retail by enhancing both operational and financial efficiency, along with improving the shopper experience,” Mr. Troncoso shared.

  Raz Golan, Shopic’s CEO and Co-Founder, said: “I'm thrilled to welcome Gonzalo Troncoso to the Shopic management team. His visionary leadership and proven expertise will be key as we accelerate our growth worldwide.”

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