GlobeNewswire·Aug 17, 2026, 9:15 AM ET

RedCloud Signs 3-Year Argentina Agreement, Forecasting $20m Revenue and $1.2Bn in FMCG Trade through RedAI

RedCloud Holdings plc announced a three-year agreement with Golomax & Picking Up in Argentina to deploy RedAI RAID intelligence into their existing FMCG trading network.
The parties forecast shared revenues of approximately $1.2 billion in traded goods over the term, with RedCloud expecting a $20 million revenue share comprising $13 million in digitization fees, $4 million in RAID revenue, & $3 million in trade growth fees.
Golomax serves 523 wholesalers & distributors across 12 FMCG categories with over 200 providers, processing 500,000 orders annually for approximately 40,000 buyers.
RedCloud will supply its Realtime AI for Distribution (RAID) engine & RedAI Specialist Agents, trained on proprietary FMCG data representing $6.9 billion in traded value, to optimize decision-making within the partners' workflows.
This agreement marks a strategic shift for RedCloud from building its own trading infrastructure to supplying intelligence to established independent networks in high-growth markets.
The deal follows RAID deployments in Türkiye & a five-year Saudi Arabian licence agreement, with operational obligations for this partnership set to begin on September 1, 2026.
The three-year term includes automatic annual renewals subject to termination by either party, aiming to replicate the model with other networks in similar markets.