MySize Inc. (MYSZ) Share Price Surges 29.79% on Privacy-First Data Monetization Push
The share price rose to its highest level so far this month, with an intraday gain of 29.79%.
MySize Inc. (MYSZ) is advancing plans to monetize its aggregated data intelligence assets through a privacy-first framework, aiming to transform how brands and retailers leverage insights on apparel fit, sizing, and product performance. The initiative, which includes anonymized data from AI technology, second-hand marketplaces, and overstock management, seeks to offer scalable analytics for demand planning, inventory optimization, and sustainability. CEO Ronon Luzon emphasized the potential to reduce industry inefficiencies while aligning with global privacy standards like GDPR and CCPA.
Investor enthusiasm reflects optimism about the company’s pivot to data-driven revenue streams, despite historical operating losses and cash flow challenges. The framework’s usage-based monetization model, such as data credits, could generate recurring income while mitigating regulatory risks. However, success hinges on market adoption of the insights and execution risks in scaling the platform. Analysts note that the fashion industry’s struggles with overproduction and waste position MySize to address a critical need, though long-term gains depend on sustained industry partnerships and compliance adherence.
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