01:56 PM EDT, 03/22/2024 (MT Newswires) -- ARway.ai (ARWY.CN), an AI-powered augmented reality experience platform, said Friday that it has entered into a partnership with Megatek, Albania's home improvement and do-it-yourself retailer, to enhance the retail experience for the Albanian market.

The partnership will kick off with a pilot program at Megatek's expansive flagship store with more than 323,000 square feet of space.

ARway ( ARWYF ) and Megatek will introduce a new service that combines AR navigation and wayfinding with digital advertising and content delivery.

The offering will provide customers with seamless in-store navigation with a single scan, offering product directory, detailed descriptions, and pinpoint navigation to their desired products with ARway's ( ARWYF ) advanced spatial accuracy.

The company's stock, which was down 6.7% in Canada yesterday, jumped 5.7% on last look on Friday.

Price: 0.37, Change: +0.02, Percent Change: +5.71