Press Release
Valued at $100 Million, Russian Charity Auction Platform CPAI Reaches 1 Million Users
CPAI is the first Russian innovator business to be valued at $100 million this this year. CPAI has surpassed ThredUp in transaction volume and is expected to be the next unicorn of online resale platform.
CPAI, after seed round on May 19, 2019, has its trading volume almost doubled each year. CPAI operates a one-stop second-hand trading market featuring online resale, charity auction and vertical recycling. Its award-winning business model adopts an innovative way of auction — one auction and one re-auction a day. Different from the traditional second-hand trading platform, the same commodity can be traded several times on CPAI platform, and the price of each transaction will be maintained in a fixed range until the buyer takes delivery of the goods.
What is the status of CPAI after this fund raise, according to its financial disclosure and strategy?
The Number of Users Exceeds 1 Million
For e-commerce platforms, number of users is a very important indicator. Since its launch in 2019, CPAI has seen steady growing in user base, with 710 thousand users worldwide in March 2020 and more than 1 million CPAI users by the end of 2020.
Trading volumes continued to grow, however, with heavy volumes in the domestic Russian market and light volumes in the European and US markets. According to data released by CPAI, its trading volume is shown below. Please note that the six-month period means a full fiscal year calculated backwards.
June 2019:3.1 billion rubles
June 2020:7.2 billion rubles
January 2021 to March 2021 (3 quarters in total) : 12.4 billion rubles
Based on this trend, it is expected that in June 2021, trading volume will exceed 2 billion rubles (about $240 million).
In 2020, after the outbreak of COVID-19, the online sales of some categories, especially groceries, increased significantly. Take, for example, Wildberries.Ru, one of the largest online platforms in Russia. Order number on Wildberries has almost doubled during the pandemic, which means every one in three Russian consumers has purchased from Wildberries. CPAI platform hosts at least 6,000 auctions a week; orders for second-hand items in circulation reach 1 million a year, combined with such growth rate, CPAI has a comfortable position in the market and shows promising growth.
Focus on “Talent” and “Marketing”
On the other hand, the number worth paying attention to is the operating loss of CPAI. Up to Q3 of this year, the operating loss was about 200 million rubles, of which the personnel cost was 360 million rubles (210% compared with cost in the same period last year) and the advertising cost was 1.28 billion rubles (154% compared with cost in the same period last year).
The Cambridge graduated Entrepreneur, Ivan Morozov, CEO of CPAI has stated that CPAI will not focus on short-term gains, but on medium – to long-term development, so big investments now are necessary for future growth. Even if the company went public, short-term profit improvements would not be on his mind.
This is in line with the fact that many big tech companies, like Twitter and Netflix, have been losing money for years in order to grow in the long run. So, to maximize long-term profit, investment in growth is the key.
Reflection: The Inspiration and Opportunity CPAI has brought
Recently CPAI has been recruiting engineers aggressively. This year, CPAI has started recruits outside Russia. It’s a great opportunity for whomever with relevant skills, as reportedly the annual salary offered by CPAI can reach 10 million rubles.
On the other hand, why can CPAI attract so much traffic in the short term? We are very familiar with offline auctions in Southeast Asia, but in the post epidemic era, everything is going digital, and the business innovation of CPAI is in line with this trend. 2020 has accelerated the growth of user base, and this momentum ushers in the second wave of growth in the post epidemic era.
We are familiar with traditional auctions, but CPAI is truely unique here. Many entrepreneurs have good ideas of business, but having idea, technology and capital at the same time is a rare combination. Now with the raised fund and user base, CPAI will only embrace a faster development now, providing customers a safe space for their usual activities.
CPAI is actually not the first Russian business to do second-hand goods trading. FRIL offers this service a year before. However, CPAI quickly gained an upper hand with aggressive channel marketing, creating an image of the go to place for charity auction, thus attracting large number of users.
Future challenges for CPAI
Some media regards Rakuten as a strong competitor of CPAI, as Rakuten merged its two flea market apps (Rakuma & Fril) into a single App called Rakuma. Rakuten has always used low prices (Rakuma charges only 3.5 percent), existing members (about 95 million) and points to connect other Rakuten services, using all strategies to gain market share.
However, Rakuten’s victory in the price war usually occurs when its rival’s IT capability is weaker. This allows Rakuten to reduce manpower and streamline workflow to drive down cost. But CPAI’s IT capability is as good as, if not better than, Rakuten’s.
On the other hand, giving points back to members as Rakuten does is just an alternated form of price competition. Price wars will not bring benefit for the market in the long run, but only to squeeze profit margin and kill innovation.
The biggest challenge for CPAI is still from overseas. Will the investment be rewarded? Can trade volume in the US, European, and Southeast Asian market grow substantially? That’s what CPAI is going to focus on next.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Amadeus Acquires Bitte to Power Private, Deterministic and Self-Improving Trading Agents
Strategic acquisition combines Bitte’s proven trading agent platform and developer ecosystem with Amadeus Protocol’s private, deterministic infrastructure.
Tortola, BVI, 4th February 2026, ZEX PR WIRE, Amadeus Protocol, the AI-native Layer 1 for private, deterministic, self-improving agents, today announced the strategic acquisition of Bitte.ai (formerly Bitte Protocol / Mintbase) for $1.7 million paid in $AMA. The deal unifies Amadeus’ approach to developing infrastructure for private and deterministic agents, with Bitte’s battle-tested agentic trading product, user base and integrations.

Bitte brings a live, multi-chain network of 24,164 unique users, 2.85M+ messages across 344k+ chats, and 16,703 registered agents. The majority of these users are EVM-native, directly aligning with Amadeus’ initial go-to-market focus on prediction markets, DEXs and exchanges.
Amadeus is a high-performance Layer 1 that combines Useful Proof of Work (uPoW), turning mining into useful AI computation, with a deterministic agent runtime, on-chain learning history and Trusted Execution Environments (TEEs)-backed privacy pools. Together, these enable agents that are replayable, auditable, and privately executed at the base layer.
Since 2018, the Bitte (formerly Mintbase) team has been at the forefront of practical application development, pioneering digital asset solutions before the technology reached mainstream adoption. Their engineering pedigree includes groundbreaking implementations at major industry events such as NFT.NYC and Berlin Blockchain Week.
Bitte has spent years building consumer-facing Web3 applications and, more recently, agentic trading flows on top of DEXs and on-chain venues. With the acquisition, those ideas are being rebuilt as protocol-native agents on Amadeus.
“Bitte proved that users want to interact with agents to manage trades and build investment strategies,” said Leslie Kivit, Co-Founder of Amadeus. “We have now combined Bitte’s product, data and integrator network with Amadeus’ private and deterministic agent runtime. Every user on Amadeus will be able to run their own autonomous self-improving agent through simple text commands on every chain. For partners like exchanges and prediction markets, we offer an embedded agent that makes complex features accessible through natural conversation.”
The integration focuses on three key pillars:
- Unified Interface: Bitte’s workflow engine, UX components and lessons from 2.8M+ historical agent messages will be integrated into Amadeus.
- Amadeus Trading Fabric: Bitte’s existing exchange and DeFi connectors will plug into Amadeus as venue adapters, feeding a unified, CRDT-style orderbook. High-value Bitte agents will be re-implemented as deterministic agents with on-chain learning histories.
- Community: Bitte’s partners, developers, and users will transition to the Amadeus ecosystem. The Agent Launchpad is live from today on bitte.ai. Additional agents and features will be released over the coming weeks. To accelerate adoption, Amadeus is waiving all deployment and usage fees for agents. Partners including decentralized exchanges and prediction markets can integrate Amadeus agents at no cost.
Effective immediately, all Bitte assets, intellectual property, and technology platforms will be integrated into Amadeus Protocol’s broader innovation portfolio. The Amadeus team thanks the Bitte community, early supporters, and partners who made this milestone possible.
About Amadeus Protocol: Amadeus Protocol is the privacy settlement layer for agents. The network combines verifiable agent execution with privacy-preserving infrastructure, enabling agents that learn, adapt, and execute across multiple chains.
About Bitte.ai: Bitte.ai is an AI agent platform enabling users to deploy trading strategies through natural language. Since 2018, the team has built consumer blockchain applications serving artists, creators, and traders.
www.ama.one
info@ama.one
https://x.com/amadeusprotocol
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
BikesDirect Strengthens Its Role as the Leading Factory-Direct Bicycle Source in 2026
- Industry-Leading Value, Transparent Pricing, and Expanded Selection Continue to Set Bikesdirect Apart as Rider Demand Grows Nationwide
Jacksonville, FL, 4th February 2026, ZEX PR WIRE, As cycling continues its steady evolution from niche hobby to mainstream lifestyle choice, Bikesdirect is reinforcing its position in 2026 as the leading destination for factory-direct bicycles, offering riders nationwide unmatched value, selection, and transparency at a time when affordability and performance matter more than ever.
With growing interest in cycling for fitness, commuting, recreation, and exploration, consumers are increasingly scrutinizing how and where they buy their bikes. In that landscape, Bikesdirect’s direct-to-consumer model—cutting out traditional retail markups while delivering performance-focused designs—has emerged as a defining advantage. The company’s continued growth reflects a broader shift in consumer expectations: riders want quality without inflated pricing, clarity without gimmicks, and access to bikes that fit real-world riding needs.
“Cycling has changed, and so has the way people shop for bikes,” said a Bikesdirect spokesperson. “Riders are more informed than ever. They understand components, geometry, and value. Our role is to meet that knowledge with honesty, consistency, and factory-direct pricing that makes sense.”
At the core of Bikesdirect’s success is a straightforward approach that has remained consistent even as the industry has evolved. By working directly with manufacturers and eliminating layers of distribution, Bikesdirect delivers bicycles that would typically carry significantly higher price tags in traditional retail environments.
This model has proven especially relevant in recent years, as rising costs across shipping, materials, and retail overhead have pushed bike prices higher industrywide. While many retailers have struggled to balance price increases with customer expectations, Bikesdirect’s factory-direct structure has allowed the company to maintain competitive pricing without sacrificing component quality or ride performance.
The result is a catalog that spans nearly every riding category—from road and gravel to mountain, hybrid, cruiser, electric, and youth bikes—while remaining accessible to both first-time buyers and experienced cyclists seeking performance upgrades.
Industry observers note that this approach has positioned Bikesdirect as a value benchmark rather than a discount outlet. The company’s bikes are not built to chase trends or inflate feature lists but to deliver functional performance aligned with how people actually ride.
In 2026, the cycling audience is more diverse than ever. Riders are not defined solely by racing ambitions or trail intensity. Many are commuters seeking efficiency, fitness riders prioritizing comfort, families introducing children to cycling, or adventure-minded cyclists exploring mixed terrain at their own pace.
Bikesdirect’s product strategy reflects that diversity. Hybrid bikes continue to attract riders looking for flexibility across pavement and paths. Gravel bikes are drawing those interested in endurance and exploration without the rigidity of traditional road cycling. Mountain bikes remain a cornerstone for off-road enthusiasts, while cruisers appeal to riders who value simplicity and comfort. Electric bikes have expanded access further, allowing more people to ride longer and more frequently.
According to Bikesdirect, one of the defining trends of 2026 is the decline of one-size-fits-all retail sales. Riders increasingly seek bikes that match their lifestyle rather than forcing their lifestyle to fit a bike.
“We’re seeing customers who know exactly how they want to ride,” the spokesperson said. “They don’t want to be upsold into something they don’t need. They want a bike that fits their use case, their budget, and their long-term goals.”
Beyond pricing, Bikesdirect has leaned heavily into transparency as a core differentiator. Each product listing emphasizes detailed specifications, component breakdowns, geometry insights, and clear explanations of what riders are getting for their investment.
In an industry where marketing language can sometimes obscure meaningful differences between models, Bikesdirect has found that clarity builds trust. Customers can compare bikes based on real performance indicators rather than vague branding tiers.
Customer feedback suggests that this transparency reduces purchase anxiety, especially for riders who may not have access to a local specialty shop or prefer to research independently before buying.
As online shopping continues to dominate consumer behavior, Bikesdirect’s emphasis on education and clear communication has become a critical part of its value proposition.
The cycling industry has experienced significant volatility in recent years, from supply chain disruptions to shifting demand cycles. Throughout those fluctuations, Bikesdirect has focused on consistency—maintaining reliable product availability, straightforward policies, and predictable pricing structures.
This stability has resonated with riders frustrated by sudden price changes, limited stock, or unclear product positioning elsewhere in the market. For many customers, Bikesdirect represents a dependable option in an otherwise fragmented retail environment.
Industry analysts point to this consistency as a key reason the brand continues to attract repeat buyers. Riders who purchase their first bike through Bikesdirect often return later for upgrades, accessories, or additional bikes for family members.
Bikesdirect’s reputation has been shaped not by short-term promotions but by long-term customer relationships. Thousands of verified customer testimonials highlight experiences ranging from first-time bike ownership to multi-bike households built entirely through Bikesdirect purchases.
These testimonials frequently cite value, build quality, and reliability as deciding factors. Many riders report that their bikes exceeded expectations based on price alone, reinforcing the idea that factory-direct does not mean compromised performance.
The company’s ongoing focus on post-purchase support and clear documentation further contributes to customer confidence, particularly for riders assembling bikes at home or making component adjustments independently.
Cycling in 2026 is less about strict categories and more about adaptability. Riders expect their bikes to handle multiple scenarios, from weekday errands to weekend adventures. Bikesdirect’s lineup reflects that reality by emphasizing versatile geometries, practical component choices, and designs that prioritize ride comfort alongside efficiency.
Rather than chasing extremes, the company’s approach aligns with how most people actually use their bikes. This philosophy has helped Bikesdirect stay relevant as cycling culture shifts away from exclusivity and toward accessibility.
“Cycling should feel welcoming, not intimidating,” the spokesperson said. “Too often, riders feel pressured to overspend or choose bikes that don’t match how they actually ride. Our goal is to remove those barriers by offering honest options, clear information, and factory-direct value. When people feel confident about their purchase, they ride more often, enjoy it more, and stay connected to cycling long term.”
As Bikesdirect moves further into 2026, the company plans to continue refining its product offerings while maintaining the principles that have defined its growth. That includes expanding selections where rider demand is strongest, improving educational resources, and preserving the factory-direct pricing model that has become its hallmark.
While the broader cycling industry continues to adapt to economic pressures and changing consumer habits, Bikesdirect remains focused on delivering tangible value rather than marketing promises.
The company believes that its role in the cycling ecosystem is not to compete with local bike culture but to complement it—providing access, affordability, and choice for riders who want control over how they buy and ride.
Cyclists looking for performance-driven bikes without inflated retail pricing can explore Bikesdirect’s full factory-direct lineup by visiting Bikesdirect.com. With transparent specifications, rider-focused designs, and pricing built around real value, Bikesdirect continues to make cycling more accessible in 2026 and beyond.
About Bikesdirect
Bikesdirect is a leading online retailer of factory-direct bicycles, offering a wide range of road, gravel, mountain, hybrid, cruiser, electric, and youth bikes. By eliminating traditional retail markups, Bikesdirect delivers high-quality bicycles at competitive prices to riders across the United States. The company is committed to transparency, value, and helping cyclists find bikes that match their lifestyle and riding goals.
Contact Information
Website: https://bikesdirect.com/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
GPTHumanizer AI debuts enhanced humanization model with open access tier
SILICON VALLEY, Calif., United States, 4th Feb 2026, Grand Newswire – Feb. 4, 2026 — GPTHumanizer AI, a language refinement platform designed to improve machine-generated text for human readers, today announced an update to its core engine. The update introduces an advanced editor-grade humanization model designed to support clearer, more natural writing across multiple contexts, available to users at no additional cost.

New Architecture Enhances Clarity and Fidelity
The update features a multi-stage neural editing architecture that replaces single-step paraphrasing with layered refinement. This approach improves readability while preserving meaning, structure, and flow, delivering text that aligns more closely with human editorial standards.
Research-Driven Evolution of Humanization Architecture
GPTHumanizer AI offers text optimization solutions built on a methodology developed over years. By integrating multiple layers of neutral editing and style transformation, it produces text that reads naturally while preserving meaning. This evolution reflects a broader shift in language technology from single-step output generation toward pipelines that mimic real-world editorial workflows, enabling the platform to support demanding writing use cases across academic, professional, and creative contexts.
Reducing AI Detection Signals
GPTHumanizer AI’s refinement process adjusts phrasing, sentence variation and structural cues that many AI content detectors analyze to estimate whether text was machine-generated.
The platform’s layered editing promotes controlled variation and natural rhythm while preserving meaning, helping text align more closely with traits typical of human-crafted writing. The company notes that no system can guarantee avoidance of all detection signals, as detectors vary in design and accuracy.
Barrier-Free Lite Model
GPTHumanizer AI has introduced an open-access “Lite” tier to its ecosystem, providing unrestricted essential refinement tools without standard subscription requirements. This initiative is designed to support the ongoing workflows—from short paragraphs to iterative drafts—aiming to support academic writers, content creators, marketers, and students without restricting access through subscription barriers or word limits.
Tailored Performance for Writers and Academics
The platform also offers controllable editing modes allowing users to choose light polish or deeper structural refinement, a feature valued across academic, professional, and creative writing contexts.
“This release reflects an evolution from simple rewriting tools toward a constraint-aware editor model, anchoring quality in meaning and readability rather than ‘detector avoidance’,” said Ethan Miller, CEO of GPTHumanizer AI.
User Feedback Validates Practical Gains
Early adopters report improvements in content clarity and engagement while maintaining original informational integrity. “Internal evaluations show that 75% of academic users experienced improved readability without loss of meaning,” the company said.
About GPTHumanizer AI
GPTHumanizer AI is a language refinement platform dedicated to transforming AI-generated drafts into clear, human-quality text across writing genres. Built on a research-informed, multi-stage editing framework, the platform emphasizes semantic fidelity and accessibility. Through its open-tier initiative, the company aims to make high-quality language refinement more broadly available to writers worldwide. For more information, visit
https://www.gpthumanizer.ai/ .
Media Contact
Organization: GPTHumanizer AI
Contact
Person: Ethan Miller
Website:
https://www.gpthumanizer.ai
Email:
ethanmiller@gpthumanizer.ai
City: SILICON VALLEY
State: Calif.
Country:United States
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