Report: Ant International is infiltrating the Latin American market through a strategic investment in embedded credit company R2.

Ant International, an international company under the Ant Group founded by Jack Ma, is entering the Latin American market through a strategic investment in embedded credit company R2. Ant International announced an investment in R2, including injecting original capital into the company, with the aim of expanding credit channels for small and medium-sized enterprises. The specific scale of this round of transactions was not disclosed by both parties.