VANCOUVER, Canada — GreenCore Solutions Corp. has signed a letter of intent to establish a new joint venture in Australia aimed at expanding its AI-powered procurement platform across the Asia-Pacific region.

The planned venture, GSC Agentic Pty. Ltd., will focus on bringing GreenCore’s AI Agent Fleet technology to beauty, personal care and consumer packaged goods (CPG) manufacturers throughout Australia and Asia. Under the agreement, GreenCore will provide the technology platform and operational expertise, while the regional partner will manage local sales, onboarding and customer support.

The move comes as companies across the consumer goods sector increasingly explore artificial intelligence to automate purchasing, supplier interactions and procurement workflows.

GreenCore said the joint venture will hold exclusive sales rights for beauty, personal care and CPG customers across the region. Rather than building new infrastructure locally, customer demand will be routed through the company’s existing AI agent platform.

According to the company, its technology is designed to connect retailers and manufacturers through automated procurement signals and AI-assisted ordering processes while maintaining human oversight during purchase order transactions.

Growing AI Activity in Retail Procurement

GreenCore reported that its AI platform processed more than 9.1 million agent requests during the latest 30-day reporting period, averaging approximately 304,000 requests per day. The company said Asia-Pacific accounted for more than 1.3 million of those requests, representing around 14.4% of total global activity.

The figures highlight the growing role of Canada retail technology companies in developing AI-powered tools for supplier and retailer procurement operations.

The company believes demand for AI-enabled procurement tools is increasing as manufacturers and retailers seek faster and more efficient ways to manage commercial transactions.

Asia-Pacific represents a significant growth opportunity for the business. GreenCore cited industry data showing the region’s beauty and personal care market is expected to reach approximately $159 billion in 2026.

The announcement also reflects a broader trend across retail supply chains, where artificial intelligence is being introduced to improve forecasting, procurement planning, inventory management and supplier communications.

For manufacturers, AI-driven procurement systems may help reduce manual processes and accelerate responses to retailer demand. For retailers, automated purchasing technologies could support more efficient replenishment and ordering decisions.

The joint venture remains subject to the completion of final agreements following the signing of the letter of intent.

The expansion marks GreenCore’s latest step in growing its presence within AI-powered retail procurement and consumer goods supply chains, with Asia-Pacific expected to become an increasingly important market for the company’s technology.

Editor’s Note: This article is based on information released by GreenCore Solutions Corp. regarding its proposed Asia-Pacific joint venture and reported AI platform activity. Performance figures and market projections are company-provided statements.