Changan Automobile inaugure son premier showroom en Éthiopie et renforce sa présence au Moyen-Orient et en Afrique

 

ADDIS-ABEBA, Éthiopie - vendredi, 17. juillet 2026

(GLOBE NEWSWIRE) -- Changan Automobile a officiellement inauguré son premier showroom en Éthiopie, situé à 2Q28+8M9, Gabon St, Addis-Abeba, marquant une étape importante dans l’expansion stratégique de la marque au Moyen-Orient et en Afrique.

La cérémonie d’ouverture s’est déroulée en présence de M. Liu Xiaoguang, ministre-conseiller à l’Ambassade de Chine en Éthiopie, de M. Yalew Getachew, représentant de la Commission éthiopienne des investissements, du Dr Hadegu Hailekiros, représentant du ministère éthiopien de l’Industrie, ainsi que de représentants de Changan Automobile et de GT Motors, partenaire stratégique local de Changan.

Deuxième pays le plus peuplé d’Afrique et doté d’une classe moyenne en forte croissance, l’Éthiopie offre d’importantes perspectives de développement, tandis que le gouvernement encourage activement l’adoption des véhicules électriques. Grâce à ce nouveau showroom, Changan proposera aux consommateurs éthiopiens un service automobile complet regroupant la vente de véhicules, les services après-vente, la fourniture de pièces détachées et le service client, renforçant ainsi sa proximité avec les utilisateurs locaux tout en accompagnant la transition du pays vers une mobilité plus durable.

L’ouverture de ce showroom constitue une nouvelle étape dans le déploiement du Vast Ocean Plan 2.0 de Changan, fondé sur quatre piliers : l’engagement à long terme, une localisation approfondie, un développement structuré et l’intégration des principes ESG (environnement, social et gouvernance). À travers cette stratégie, Changan évolue du statut de nouvel entrant sur le marché à celui d’opérateur local, traduisant sa volonté de s’ancrer durablement dans l’industrie automobile éthiopienne et de contribuer à son développement à long terme.

« L’Éthiopie est un marché dynamique, riche en opportunités, et nous sommes profondément confiants dans son potentiel à long terme », a déclaré le directeur des ventes de Changan Automobile. « En travaillant main dans la main avec GT Motors, nous mettrons à la portée des familles éthiopiennes des solutions de mobilité intelligentes, fiables et abordables, accompagnées d’un service après-vente d’excellence qui établira une nouvelle référence pour le secteur. »

GT Motors apporte une solide expertise locale, grâce à des équipes dédiées à la vente, à l’après-vente, au support technique et à la logistique transfrontalière. Ce partenariat reflète l’engagement de Changan à développer des opérations durables et fortement ancrées localement au Moyen-Orient et en Afrique, en s’appuyant sur des partenaires de confiance.

À l’avenir, Changan Automobile poursuivra le développement progressif de son réseau commercial et de services en Éthiopie, en proposant une gamme diversifiée de véhicules intelligents et à énergies nouvelles, adaptée aux conditions de conduite et aux attentes des consommateurs locaux. En alignant sa stratégie produits et ses opérations sur les ambitions du pays en matière de mobilité durable, Changan entend devenir un partenaire de confiance et un acteur durable de la modernisation du secteur automobile éthiopien et du développement économique durable.

Contact :
Chongqing Changan Automobile Co., Ltd.
E-mail : global@changan.com.cn

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Changan Automobile Inaugurates First Showroom in Ethiopia, Deepening Middle East and Africa Market Presence

 

ADDIS ABABA, Ethiopia - Thursday, 16. July 2026

(GLOBE NEWSWIRE) -- Changan Automobile officially opened its first showroom in Ethiopia at 2Q28+8M9, Gabon St, Addis Ababa, marking a key milestone in the brand's strategic expansion across the Middle East and Africa. The opening ceremony was graced by Minister Counselor Liu Xiaoguang of the Chinese Embassy in Ethiopia; Mr. Yalew Getachew of the Ethiopian Investment Commission; Dr. Hadegu Hailekiros of the Ethiopian Ministry of Industry; as well as representatives from Changan Automobile and GT Motors, Changan's local strategic partner.

As Africa's second-most populous nation with a fast-growing middle class, with the Ethiopian government actively promoting electric vehicle adoption, the market presents substantial growth opportunities for Changan's global layout. Through the new showroom, Changan will provide local consumers with one-stop automotive services covering vehicle sales, after-sales maintenance, spare parts supply and customer service, strengthening its connection with Ethiopian users while supporting the country's green mobility transition.

The showroom opening marks a step forward in Changan's Vast Ocean Plan 2.0, built on four pillars: long-term commitment, deep localization, systematic development, and ESG integration. Through this framework, Changan is evolving from a market entrant to a local operator, it is a sustained commitment to embedding Changan into Ethiopia's automotive industry and contributing to its long-term growth.

"Ethiopia is a market full of energy and promise, and we are deeply optimistic about its long-term vitality," said the sales director of Changan Automobile. "Working hand-in-hand with GT Motors, we will bring intelligent, reliable, and cost-effective mobility solutions within reach of Ethiopian families, paired with after-sales excellence that sets a new benchmark for the industry."

GT Motors brings strong on-the-ground capabilities, with dedicated teams in sales, after-sales, technical support and cross-border logistics. This partnership reflects Changan's commitment to building sustainable, localized operations across the Middle East and Africa through trusted local partners.

Going forward, Changan Automobile will steadily enhance its retail and service network in Ethiopia, bringing a diversified lineup of intelligent and new energy vehicles tailored to local driving conditions and consumer needs. By aligning its product strategy and operations with the nation's green mobility agenda, Changan aims to become a trusted, enduring contributor to Ethiopia's automotive modernization and sustainable economic development.

Contact information:
Chongqing Changan Automobile Co., Ltd.
E-mail: global@changan.com.cn

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NetApp Acquires DataPelago, Making Data AI-Ready at the Infrastructure Layer

 SAN JOSE, Calif. - Friday, 17. July 2026 AETOSWire  

Embedding GPU-accelerated intelligence enables enterprises to easily discover, govern, and activate data for AI and analytics at the source

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced it has acquired DataPelago, a California-based AI data infrastructure company recognized for its innovative approach to eliminating data processing bottlenecks for AI and analytics workloads. The acquisition marks a foundational expansion of NetApp's portfolio, enabling GPU-accelerated data processing aligned directly with the storage layer. With this acquisition, NetApp establishes itself as the company that makes zero-copy activation of enterprise data for AI real.

AI is the defining platform shift of our era, but enterprises are discovering that their greatest bottleneck is preparing, governing, and activating their data fast enough to put AI into production. The key to accomplishing this objective is to enable accelerated computing where the data is created and stored. DataPelago solves this challenge by fundamentally reimagining where accelerated compute happens: at the data layer, not above it.

"As AI models and the chips that power them get ever more effective, enterprises need data infrastructure that is just as intelligent and powerful to harness the potential of their data," said George Kurian, Chief Executive Officer at NetApp. "NetApp is leading the industry in helping customers drive innovation and generate business value by giving them full command of their most important asset: their data. With DataPelago, we are extending our ability to help customers understand and process their data with the agility required to unleash competitive advantage.”

DataPelago's core technology, Nucleus, is a universal data processing engine that uses heterogeneous accelerated computing across CPUs and GPUs to process data where it lives. By processing data at the storage layer rather than moving it to external compute clusters, Nucleus reduces infrastructure costs by up to 80 percent and delivers performance up to 10 times faster than conventional approaches. In addition, by not requiring customers to copy their data from their operational systems to AI-systems, DataPelago eliminates the single biggest bottleneck in enterprise AI deployment. DataPelago’s technology is delivering value at large enterprises across multiple industries, accelerating demanding workloads while improving infrastructure efficiency at scale.

"DataPelago is on a mission to eliminate the data processing bottlenecks that prevent AI innovation from reaching its full potential," said Rajan Goyal, Founder and Chief Executive Officer of DataPelago. "Joining NetApp gives us the opportunity to combine our breakthrough processing technology with the industry's best data infrastructure portfolio. Enterprises have invested billions in GPUs and AI models, but their data remains fragmented, leaving valuable computing resources to sit idle rather than putting these investments to work. Together, we’re positioned to help customers simplify and accelerate AI deployment at scale."

"DataPelago's Nucleus engine brings software-defined acceleration directly to the storage layer, processing data across CPUs and GPUs so enterprises can prepare, govern, and activate their data for AI without moving it. This is true zero-copy activation," said Syam Nair, Chief Product Officer at NetApp. "NetApp manages more enterprise data across more environments than anyone in the industry. The next phase of AI will be won by those who make that data work at the source, and the DataPelago team brings the technical depth and velocity to get us there faster."

Following the acquisition, DataPelago will operate as a wholly owned subsidiary of NetApp. This news signals a continued growth trajectory for NetApp, following recent industry-leading partnerships with Cisco, Google Cloud, Red Hat, and SK Telecom, among others.

"Safe Harbor" Statement Under U.S. Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the anticipated benefits of the acquisition of DataPelago, including the ability to align GPU-accelerated data processing with the storage layer and enable zero-copy activation of enterprise data for AI; the ability of the technologies to reduce infrastructure costs, accelerate performance, and eliminate data processing bottlenecks for enterprise AI deployment; our business, economic and market outlook; our overall future prospects; demand for our AI solutions and other offerings; and our ability to deliver increasing results and value for our stakeholders. These and other important factors are described in reports and documents we file from time to time with the Securities and Exchange Commission, including the factors described under the sections titled "Risk Factors" in our most recently filed annual report on Form 10-K and quarterly report on Form 10-Q. All statements made in this release are made only as of the date set forth at the beginning of this release. We disclaim any obligation to update information contained in this press release whether as a result of new information, future events, or otherwise.

Statement of Product Direction

This press release discusses NetApp's vision for future innovation, including the anticipated alignment of DataPelago's technology with NetApp’s portfolio. This information is shared solely for informational purposes and should not be relied upon in making purchasing decisions. NetApp makes no commitment and has no obligation to develop or deliver any products, services, integrations, or any related features, material, code or functionality described herein, including any capabilities resulting from the acquisition of DataPelago. The development, release and timing of any features or functionality for NetApp products and services, including those offering DataPelago's technology, remains at the sole discretion of NetApp. NetApp's strategy and possible future developments, product and platform directions, and functionality, including plans related to DataPelago's technology, are all subject to change without notice. We disclaim any obligation to update information contained in this press release whether as a result of new information, future events, or otherwise.

About NetApp

For more than three decades, NetApp has helped the world’s leading organizations navigate change – from the rise of enterprise storage to the intelligent era defined by data and AI. Today, NetApp is the Intelligent Data Infrastructure company, helping customers turn data into a catalyst for innovation, resilience, and growth.

At the heart of that infrastructure is the NetApp data platform – the unified, enterprise-grade, intelligent foundation that connects, protects, and activates data across every cloud, workload, and environment. Built on the proven power of NetApp ONTAP, our leading data management software and OS, and enhanced by automation through the AI Data Engine and AFX, it delivers observability, resilience, and intelligence at scale.

Disaggregated by design, the NetApp data platform separates storage, services, and control so enterprises can modernize faster, scale efficiently, and innovate without lock-in. As the only enterprise storage platform natively embedded in the world’s largest clouds, it gives organizations the freedom to run any workload anywhere with consistent performance, governance, and protection.

With NetApp, data is always ready – ready to defend against threats, ready to power AI, and ready to drive the next breakthrough. That’s why the world’s most forward-thinking enterprises trust NetApp to turn intelligence into advantage.

Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

About DataPelago

DataPelago is driving the data acceleration revolution that AI demands. Today, AI's relentless hunger for data acceleration at massive scale has created the ultimate chokepoint — without economically scaled data processing, AI innovation itself will be throttled. At DataPelago, we’re unleashing breakthrough thinking to transform data processing economics and ignite the next wave of AI-powered revolution.

DataPelago Nucleus is the world's first universal data processing engine built for accelerated computing, purpose-built to process any type of data, operate across any hardware, and support any query engine, delivering new price/performance benefits that make it viable to extract value from all the data in the world, igniting an AI-powered revolution.

 

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Contacts

Media Contacts:

Kenya Hayes

NetApp

kenya.hayes@netapp.com

Investor Contact:

Kris Newton

NetApp

kris.newton@netapp.com

China's ~$900B Live-Commerce Market Now Approaches US E-Commerce Scale

  CHICAGO - Friday, 17. July 2026 AETOSWire 

The consumer habits reshaping global retail were built in the East — and most Western shoppers haven't yet adopted them. NIQ report shows that brands still treating live, social, and quick commerce as "emerging" risk being left behind.

(BUSINESS WIRE) -- The center of gravity in global retail has shifted East. The formats now driving the fastest growth in global retail (live shopping, social commerce, and delivery in minutes) were pioneered and scaled in Asia, and most Western consumers have yet to adopt them. According to NIQ (NYSE: NIQ), a leading consumer intelligence company, in its global report The Commerce Revolution: Where East Meets West, the gap between East and West is still vast.

The scale is already substantial. China's live-commerce market alone was worth roughly $900 billion in 2025, approaching the size of the entire US e-commerce market, according to market data cited in the report.

Yet 68% of consumers in North America and 67% in Europe have never once bought a product through social media, and roughly two-thirds have never used quick commerce. As APAC races ahead, now accounting for nearly 55% of all global e-commerce, Western brands and retailers that keep treating these channels as experiments risk being left behind. And AI is accelerating the shift.

The "must-know" numbers

The East is the world's e-shopping capital. APAC accounts for roughly 55% of global e-commerce revenue in 2025, and China's live-commerce market — at approximately $900 billion — approaches the scale of the entire US e-commerce market. China's social-commerce market alone is on track to reach $1.8 trillion by 2030, up from about $500 billion today (market figures and projection cited in the report).

The West hasn't fully adopted these behaviours. 67-68% of consumers across North America and Europe have never purchased through social media, and roughly two-thirds (~69% in North America, ~66% in Europe) have never used quick commerce, while 59% of APAC consumers already buy through social platforms.

Quick commerce is a way of life in Asia. It now accounts for around 80% of FMCG online sales in India, while China's ~10,000 dark stores enable 30-minutes-or-less delivery at national scale.

The West's counter-move retail media is scaling but still hard to measure. Global retail-media spend hit $184 billion in 2025 across 270+ networks (US projected at $107.6 billion in 2026), yet almost half of brands say their measurement is only somewhat effective, or not effective at all.

The story isn't that two regions are drifting apart. It's that they're converging. Format-led behaviors from the East (live shopping, social commerce, ultra-fast delivery, super-apps) are increasingly running on the monetization and measurement rails built in the West. AI sits at the center of this shift, accelerating both sides: powering discovery in the East and pricing, targeting, and measurement in the West.

For manufacturers and retailers, the shift is from managing channels to orchestrating systems: connecting data, media, and commerce into a single, continuously optimizing engine. The brands that treat live, social, and quick commerce as the main event, rather than "emerging" experiments, will define the next decade of growth.

"What's happening in Asia isn't a threat to Western retail, it's a preview," said Emilie Darolles, President Western Europe, NielsenIQ. "Live shopping, social commerce and instant delivery aren't 'emerging' channels; in Asia they're simply how people shop, and European consumers are already moving the same way. The brands that lead the next decade will read the East as a roadmap and act on it now, while the opportunity is still wide open."

About the report

The Commerce Revolution: Where East Meets West analyzes the convergence of Eastern and Western commerce models across live commerce, social commerce, quick commerce, retail media networks, and emerging agentic commerce. It draws on NIQ Consumer Outlook, Retail Pulse, Digital Purchases, and Omnisales data, alongside third-party sources including McKinsey, Morgan Stanley, and Adobe.

About NIQ

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

For more information, please visit www.niq.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding market trends, projected growth of live, social, quick, retail-media, and agentic commerce, and the anticipated impact on brands and retailers. These statements are based on NIQ's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Third-party figures (including estimates attributed to McKinsey, Morgan Stanley, and Adobe) have not been independently verified by NIQ. NIQ undertakes no obligation to update any forward-looking statement except as required by law.

Notes to editors

Figures in this release come from two types of source, both drawn from NielsenIQ's The Commerce Revolution: Where East Meets West (April 2026).

NielsenIQ proprietary data: consumer-adoption figures (59% of APAC consumers buying via social; 67–68% of North American and European consumers who have never bought via social; ~69% North America / ~66% Europe who have never used quick commerce) are from the NIQ Consumer Outlook survey; India online-FMCG and quick-commerce adoption figures are from NIQ Retail Pulse and Digital Purchases; Western channel-growth figures are from NielsenIQ Omnisales.

Market figures cited in the report (not NielsenIQ-measured): the ~$900 billion China live-commerce figure (2025 market/GMV scale) and the ~55% APAC share of global e-commerce are market estimates cited within the report; retail-media figures ($184 billion global spend, 270+ networks, US $107.6 billion projected for 2026) are third-party market forecasts. Live-commerce creator/EMV figures are from WeArisma.

Frequently Asked Questions

What is the single biggest finding?

China's live-commerce market was worth roughly $900 billion in 2025, approaching the scale of the entire US e-commerce market.

Why does this matter for Western brands and retailers?

Live, social, and quick commerce are already mainstream in Asia and are now the fastest-growing parts of Western retail. The East's playbook is becoming the global playbook, and brands still treating these formats as "emerging" experiments risk being left behind.

How far behind is the West, exactly?

67–68% of consumers in North America and Europe have never bought a product through social media, and roughly two-thirds have never used quick commerce — even as APAC accounts for nearly 55% of all global e-commerce.

What should brands do now? Shift from managing individual channels to orchestrating connected commerce systems that link data, media, and fulfillment across East and West.

NIQ-GENERAL

 

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Julia Mayer

julia.mayer@nielseniq.com

Aqemia and Sanofi Expand Their Research Collaboration

  A new target nomination and a milestone payment mark the next step of the multi-year partnership first announced in December 2023

(BUSINESS WIRE) -- Aqemia, the drug invention company combining generative AI and quantum-inspired physics to invent small molecule drugs, today announced the expansion of its multi-year research collaboration with the global pharmaceutical company, Sanofi. The expansion is marked by the nomination of a new therapeutic target and an additional payment.

The collaboration, first announced in December 2023, makes Aqemia eligible to receive up to a total of $140 million in upfront and milestone payments across programs. It spans the drug discovery journey from the identification of the very first hits to the selection of a development candidate. Aqemia leverages Qemi, its proprietary physics-based generative AI platform, to design novel molecules addressing Sanofi’s targets of choice, working in close collaboration with Sanofi scientific teams. Sanofi leads wet lab research, development and commercialization.

The collaboration now runs across continents, between Aqemia researchers in Paris and London and Sanofi researchers in Boston, Frankfurt and Paris. Aqemia’s platform has been put to work on Sanofi’s targets of interest, including difficult, first-in-class projects with limited chemical data upfront, and the joint way of working is now well established.

Sanofi is now taking a step further by nominating a new therapeutic target, expanding the scope of the work and triggering a milestone payment. The nomination reflects the confidence both teams place in the platform and in the people to address a growing range of research projects.

Maximilien Levesque, CEO and co-founder of Aqemia, commented, “We are thrilled to expand the collaboration with the nomination of a new target. It shows that our physics-based generative AI can deliver on real, hard projects, and reflects the strong ways of working and trust between our teams. We are committed to inventing innovative drugs in close alliance with Sanofi’s experts.”

About Aqemia

Aqemia is the drug invention company combining generative AI and quantum-inspired physics to invent novel small molecule drugs that address unmet medical needs. Powered by Qemi, its proprietary physics-based generative AI platform, Aqemia designs novel drug candidates in a repeatable, frugal and scalable way. Unlike approaches that require large amounts of experimental data to train on, Aqemia generates the data it needs in-house through highly efficient physics-based calculations, right from the start of each research project. Founded in 2019 and based in Paris, France, and London, UK, Aqemia partners with leading pharmaceutical companies and builds its own pipeline across critical diseases.

 

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The Estée Lauder Companies Appoints Madeleine Boyd as Senior Vice President, Global Brand Communications

 (BUSINESS WIRE) -- The Estée Lauder Companies Inc. (NYSE: EL) today announced the appointment of Madeleine Boyd as Senior Vice President, Global Brand Communications, effective July 20, 2026.

As part of the company’s continued efforts to strengthen how its brands better connect with consumers, Ms. Boyd will establish and lead a newly integrated Global Brand Communications team. In this role, she will ensure the company’s diverse portfolio is anchored by a cohesive enterprise communications strategy, while accelerating bold, consumer-first storytelling that drives earned media, cultural relevance, and brand desirability. She will also strengthen creator engagement, helping the company’s brands gain attention where culture is being shaped.

Ms. Boyd brings extensive experience spanning brand strategy, communications, consumer engagement, and cultural insights across the beauty, luxury, and lifestyle sectors. Most recently, she served as Global Senior Vice President, Beauty & Wellness at Together Group, where she led the Group’s Beauty & Wellness division across its portfolio of 15 leading agencies and consultancies, driving strategy, growth, and market positioning.

Prior to Together Group, Ms. Boyd spent nearly seven years at Karla Otto, one of the industry’s leading luxury communications agencies, where she held a series of senior leadership roles, ultimately serving as Senior Vice President, Global Beauty & Wellness. Earlier in her career, Ms. Boyd held roles across brand marketing, digital content, and editorial at MECCA and Vogue Australia.

Throughout her career, she has partnered with some of the world’s most influential beauty and luxury brands, helping them navigate evolving consumer behaviors, cultural trends, and new communications channels to build relevance and long-term brand equity.

“Madeleine brings a powerful combination of strategic communications expertise, cultural fluency, and a deep understanding of today’s beauty consumer,” said Meridith Webster, Chief Communications & Public Affairs Officer, The Estée Lauder Companies. “As we continue to evolve how our brands engage consumers and shape conversations globally, Madeleine will lead a best-in-class Global Brand Communications organization that elevates our storytelling, strengthens collaboration across our portfolio, and helps our brands earn relevance, resonance, and long-term desirability.”

About The Estée Lauder Companies

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.

 

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Media Relations:

Brendan Riley

briley@estee.com

Investor Relations:

Rainey Mancini

rmancini@estee.com

 

Ant International’s Alipay+ Connects Argentina's National QR Payment Scheme via PVS, Enabling for Cross-Border Digital Payment Nationwide at Millions of Merchants

 (BUSINESS WIRE) -- Alipay+, a global digital payment gateway under Ant International, today announced that it will enable global travellers to make QR code payments at millions of merchants across Argentina through integration with the country's national QR payment scheme Transferencias 3.0, in partnership with PVS, a fintech company specialized in developing customized payment solutions in Latin America.

This service helps to enhance global travellers' travel experiences in Argentina, allowing them to pay seamlessly at restaurants, malls and tourist attractions. Using an Alipay+ partner payment app, they can now scan the national QR code displayed at all merchants to make cross-border payments across Argentina, similar to when they make digital payments in their home countries.

Alipay+ now connects 150 million merchants to over 50 global digital wallets and banking apps, reaching 2 billion user accounts. The merchant network includes those connected through over 10 national QR schemes across Asia and Middle East. Alipay+ partner apps will be enabled for cross-border payments in Argentina in phases. This would help local merchants, especially small businesses, to serve more international customers while continuing to use their existing QR acceptance infrastructure.

Argentina is home to one of the world's most advanced mobile payment ecosystems, where QR code payments is an integral part of everyday commerce. At its core is Transferencias 3.0, the national interoperable instant payment infrastructure developed by the Central Bank of the Argentine Republic (BCRA), which enables consumers to pay with any participating digital wallet or banking app by scanning a single QR code.

“The way people pay is changing rapidly, and merchants need payment experiences that evolve at the same pace,” said Lucio Colunga, CEO of PVS. “Through our partnership with Alipay+, we are giving merchants across Latin America access to one of the world's largest digital payment ecosystems, connecting them with more than 2 billion user accounts worldwide. This enables international travellers to pay with the wallets they already know and trust while creating new growth opportunities for businesses across the region. This is another step toward a more connected, interoperable and global payments ecosystem.”

"Argentina's highly interoperable digital payment ecosystem creates a strong foundation for seamless digital commerce," said Weixiao Jiang, General Manager for North Asia and the Americas, Alipay+, Ant International. "We're honoured to integrate with the national QR payment scheme through the partnership with PVS. By connecting travellers from key international markets with a broad network of merchants, we hope to help boost inbound visitor spending, supporting the country's tourism economy while bringing more opportunities for local businesses."

With an average of over 20 million daily transactions, Ant International is a leading global digital payment, digitisation and financial technology provider. It supports financial institutions and merchants of all sizes across Asia, Europe, and the Americas with a comprehensive suite of solutions, ranging from payment and account services to embedded credit services, treasury management and other AI-powered financial innovations.

This latest initiative follows Alipay+'s partnership with PVS in May 2026 to roll out cross-border mobile payment service in Argentina and Chile. In addition, Ant International became the Argentina National Football Team's official sponsor for the Asia region (excluding the Middle East) in March 2026.

Beyond Argentina, Ant International is expanding partnerships with global and local payment service providers, fintech companies and digital platforms to broaden access to cross-border payments and inclusive financial services for businesses and consumers across Latin America. Recent initiatives include the co-launch of a digital wallet and the advancement of digital payments in Mexico, as well as expanding access to financing for underserved SMEs and individuals in Brazil.

Alongside QR code payment, Alipay+ NFC (near-field communication) enables cross-border transactions through its partnership with Mastercard. Starting with AlipayHK, GCash and Kakao Pay, users can now make NFC payments at Mastercard-enabled merchants worldwide, including across Argentina, Brazil, Mexico and other Latin American markets.

About Alipay+

Ant International's Alipay+ is a unified wallet gateway with cross-border payment and digitisation services that help connect global merchants to consumers. Consumers enjoy seamless payments a broad choice of deals and the convenience of digital services using their preferred payment app/e-wallet while travelling abroad. Many small and medium-sized businesses already use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth.

 

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Ant International

PR@ant-intl.com