Alibaba's Accio AI Search Engine Achieves Major Milestone with 500,000 SME Users
Alibaba's Accio AI Search Engine Reaches 500,000 SME Users
In a remarkable development for the global business community, Alibaba International has proudly announced that its AI-driven product sourcing search engine, Accio, has surpassed 500,000 small and medium-sized enterprise (SME) users since its launch in November 2024. This milestone highlights the significant impact Accio has made in enhancing the sourcing experience for SMEs across the globe.
Transforming Sourcing with Advanced Technology
Accio employs cutting-edge natural language processing technologies to improve search functionalities, allowing SME buyers to easily find products tailored to their requirements. The search engine's extensive database catalogs millions of suppliers from various sectors, aiming to facilitate connections between SME buyers and potential partners who can help turn their product ideas into successful businesses.
Currently, Accio spans over 7,600 product categories and has been meticulously trained on more than 200 million parameters relevant to trade industries. This rigorous training empowers Accio to deliver precise results that enhance user experience significantly. Notably, the addition of the Accio Inspiration feature has resulted in a remarkable 30% increase in conversion rates for suppliers, transitioning interactions from simple searches to actual quotation requests.
Successful Holiday Season Performance
During the bustling holiday season of November and December, Accio proved its utility by serving over 50,000 SMEs who leveraged the platform to discover new product ideas for Black Friday and Christmas needs. Users reported that the search engine significantly simplified their sourcing process, allowing for smoother inventory management during peak sales periods.
Accio's effectiveness has been affirmed by its impressive net promoter score (NPS) of over 50, indicating high levels of user satisfaction. Furthermore, on December 13, 2024, it earned the title of