On September 5, at the CoCreate 2024 Summit in the U.S., Alibaba.com (阿里巴巴国际站) launched a new AI-powered Procurement Assistant for global buyers, applying generative AI across the entire B2B trade process to simplify workflows and enhance user experience.
Alibaba
According to Alibaba.com President Zhang Kuo (张阔), the AI assistant acts as a “virtual purchasing consultant”: buyers can enter a simple request, and the AI refines needs through dialogue, generates quotes, and matches suppliers with smart comparison features.
During the September Procurement Festival, order volume jumped 69% YoY within just five days. Alibaba.com also announced partnerships with Mastercard to launch a co-branded credit card and with Maersk to provide more efficient cross-border logistics solutions, aiming to accelerate global B2B trade digitalization.
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