Gorilla Technology secures exclusive partnership with $100B fund, boosting revenue guidance to $100-110 million.
From Nasdaq
March 13, 2025 11:29:00 AM:
Gorilla Technology Group Inc. (GRRR) secured an exclusive partnership with the $100 billion Global Edge Fund. The deal positions Gorilla as a key player in AI and digital infrastructure, raising its 2025 revenue guidance to $100-$110 million. The fund will invest $20 billion in U.S. digital projects and $80 billion in South America, focusing on Brazil.
Gorilla CEO Jay Chandan joins the Global Edge Fund’s board, enabling collaboration and $20 billion infrastructure investments in digital transformation using Gorilla’s solutions. This partnership may significantly boost GRRR’s revenue streams, enhancing long-term stability. Additional funds are in the works, totaling $70-$120 billion for Europe, the Middle East, Africa, and Southeast Asia.
Gorilla’s involvement in these initiatives highlights the growing demand for AI solutions in smart cities, cybersecurity, and infrastructure, positioning the company for a leading role in global digital transformation. GRRR’s stock has soared 317.5% in the past year, outperforming the industry’s 43.2% increase. The company currently holds a Zacks Rank #2 (Buy).
Investors looking for potential early price pops can explore 7 elite stocks identified by Zacks Rank #1 Strong Buys, with historical outperformance of +24.3% annually since 1988. Gorilla Technology, Coinbase Global, Inc. (COIN), and Visa Inc. (V) are among the top-ranked stocks in the Business Services sector. Coinbase’s earnings estimate for this year is $7.32 per share, with Visa expecting 12.4% year-over-year earnings growth and 10.2% revenue growth.
Read more at Nasdaq: Gorilla Technology Secures AI Partnership With $100B Global Edge Fund