Locafy (LCFY) Shares Soar 220.17% on U.S. Partnership

Locafy (LCFY) shares surged by 220.17%, reaching their highest level since June 2023, with an intraday gain of 448.24%.

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The recent surge in Locafy's stock price can be attributed to the company's strategic partnership with a leading U.S.-based online reputation and review management platform. This collaboration aims to syndicate business listings for the partner’s clients across various digital directories, search engines, and voice assistants, providing Locafy with a substantial foothold in the U.S. market. The partnership is expected to enhance Locafy's visibility and market presence, driving further growth and adoption of its services.

In addition to the partnership, Locafy has announced plans to deploy AI-powered search and engagement tools. These tools, including AI Search Ready landing pages optimized for major AI platforms like ChatGPT, are designed to boost local search rankings and enhance visibility for valuable keywords. This strategic move is intended to position Locafy for broader adoption of its services in the U.S. market, further solidifying its position as a leader in the industry.