On September 5th, Alibaba.com took the lead in organizing CoCreate 2025 in the United States. This summit stands as the world's largest B2B gathering tailored for small and medium-sized enterprises (SMEs). During the event, President Zhang Kuo made an announcement that Alibaba.com has rolled out an AI-powered multimodal search function. This innovative feature is set to revolutionize the procurement experience, offering users a completely fresh way to search and source products.
Thanks to the integration of AI technology, the first day of Alibaba.com's 'September Sourcing Festival' witnessed a remarkable 33% surge in the Gross Merchandise Volume (GMV). Such a significant increase marks an explosive growth in business activities during the festival, demonstrating the immense potential and positive impact of AI on e-commerce transactions.
