Alibaba’s B2B e-commerce platform eyes 20% growth in 2024, shrugs off rising competition

Alibaba’s B2B e-commerce platform eyes 20% growth in 2024, shrugs off rising competition

Alibaba.com, a business-to-business (B2B) cross-border e-commerce platform owned by Alibaba Group Holding, is projecting US$60 billion in gross merchandise value (GMV) for 2024, which would be a 20 per cent increase over the US$50 billion last year, the platform’s president Zhang Kuo said. The sourcing platform’s turnover growth slowed after a sevenfold increase in GMV … Read more

How to Ensure Your B2B Marketing Resonates With Your Audience

How to Ensure Your B2B Marketing Resonates With Your Audience

Opinions expressed by Entrepreneur contributors are their own. In B2B marketing, mastery of effective communication stands as a hallmark of industry leadership. Each written word, meticulously crafted, holds the potential to shape perceptions, influence decisions and ultimately drive business success. However, within the dynamic landscape of niche markets and rapidly evolving industries, B2B enterprises often … Read more

Cornerstone Ventures to invest $200 million in emerging B2B enterprise tech firms

Cornerstone Ventures to invest 0 million in emerging B2B enterprise tech firms

New Delhi: Leading venture capital firm Cornerstone Ventures on Wednesday announced a $200 million fund for emerging B2B enterprise tech opportunities across software platforms and marketplaces. With its second fund, Mumbai-based Cornerstone Ventures said in a statement that it will invest ticket sizes ranging from $5 million to $15 million, in early-growth stage and scaled … Read more

7 in 10 Indian B2B sellers using AI to surpass their targets: Report

7 in 10 Indian B2B sellers using AI to surpass their targets: Report

New Delhi: More than seven in 10 (73 per cent) of business-to-business (B2B) sellers in India who exceed their targets are using artificial intelligence (AI), a new report said on Wednesday. The B2B sellers in the country are increasingly relying on AI in their selling journeys — to research prospects, identify targets, and find warm … Read more