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09/10/20 4:43 PM

#8386 RE: Investors3 #8384

Kaleyra Shares Rise 10% After Google Partnership
September 10 2020 - 11:09AM
Dow Jones News
By Chris Wack

Kaleyra Inc. shares were up 10% to $8.10 after the company said it has been picked as a Google partner for Google's introduction of Verified Calls.

https://ih.advfn.com/stock-market/NASDAQ/alphabet-GOOG/stock-news/83235016/kaleyra-shares-rise-10-after-google-partnership

Kaleyra said the Verified Calls feature for Android phones will enable customers to see why an enterprise is calling individuals along with providing the enterprise's brand name. The U.S. Federal Communications Commission recently announced that unwanted calls are the top complaint among consumers.

Verified Calls will be launching initially in the U.S., Mexico, Brazil, Spain and India, with additional countries to follow.

The customer's Android device compares the incoming call information Google received from the enterprise, and if there is a match, the phone App will display a message indicating the call has been verified.


Write to Chris Wack at chris.wack@wsj.com