#China #Hangzhou #Alibaba #AI features #Accio

Alibaba's Accio Travels Past 1 Million User Milestone

In a bold move reshaping the landscape of global commerce, the Alibaba International Digital Commerce Group has proudly announced that their innovative AI-driven business-to-business search engine, Accio, has attracted over 1 million users within just five months of its launch. This incredible achievement is merely the beginning, as they unveil cutting-edge features designed to support small and medium-sized enterprises (SMEs) in navigating the complexities of international trade.

Introducing Advanced Features for SMEs

To enhance its functionalities for SMEs, Accio now includes two groundbreaking features: Business Research and Deep Search. These tools leverage artificial intelligence to streamline the processes of entering new markets and sourcing globally, addressing the unique challenges SMEs face in today’s competitive environment.

Kuo Zhang, President of Alibaba.com, highlighted the platform's mission, stating, "Reaching 1 million users is just the beginning. Our aim is to continuously refine our toolkit so SMEs can easily incorporate AI into their daily operations. With enhanced Accio, even the most abstract product ideas can transform into actionable business strategies within minutes rather than months. We want everyone to have a chance to become an entrepreneur."

Business Research: From Insights to Execution

The Business Research feature simplifies market analysis by automating what were traditionally tedious tasks comprised of data collection and trend analysis. Users are enabled to input broad objectives—such as launching a product in an unfamiliar region—and instantly receive structured, real-time reports detailing consumer demand, pricing trends, and competitive landscapes. Notably, it can identify high-potential market niches while generating comprehensive business plans complete with cost estimates and supplier recommendations. This empowers SMEs to quickly seize new opportunities without extensive preliminary groundwork.

Deep Search: Navigating Global Sourcing Effortlessly

Meanwhile, Deep Search addresses the complications inherent in global sourcing by adapting to intricate specifications. Whether it’s sorting based on technical requirements, certifications, or budgetary constraints, this feature keenly refines searches intelligently when initial queries yield limited options. Mimicking the expertise of seasoned procurement professionals, it filters suppliers for compliance and reliability, delivering curated lists within minutes. By harnessing Alibaba's historical trade data, Deep Search equips newcomers with the confidence and tools to source effectively just like industry veterans.

Revamping Global Trade through AI Adoption

A recent survey conducted by Alibaba.com among over 4,000 sourcing decision-makers across the United States, United Kingdom, Germany, and France unveiled a striking trend: nearly 64% of these decision-makers plan to integrate AI into their sourcing agendas by 2025. Their key motivations revolve around fostering long-term business growth, enhancing operational efficiencies, and reducing costs while staying competitive amidst the dynamic landscape of global trade.

As global trade is predicted to eclipse $33 trillion in 2024, businesses are realizing that adopting advanced technologies like Accio is essential for thriving. Alibaba.com itself is set for a massive upgrade that will incorporate Accio's capabilities, thereby empowering its 50 million SME buyers and sellers to identify lucrative opportunities and connect with reliable suppliers.

Get Started with Accio Today

For those eager to kickstart their journey into the world of AI-enhanced business solutions, exploring the newly revamped Accio is just a click away. Interested parties can visit Accio.ai or Accio.com to discover how they can leverage its features for their trading ventures.

About Alibaba International

Dedicated to advancing the frontiers of global digital trade, Alibaba International Digital Commerce Group is committed to employing cutting-edge AI technologies. Operated across diverse platforms globally, it caters to multiple industries and regions.

For media inquiries, please contact Lingnan Cui at Alibaba International.