“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager at Alibaba.com North America, said in a statement last week. The Alibaba.com booth features the e-commerce platform’s artificial intelligence-powered Smart Assistant, designed to help users … Read more
WeChat’s short video and live streaming function enabled the platform to record nearly triple gross merchandise volume (GMV) in 2023, according to information released on Thursday during the app’s annual Open Class Pro developer conference held in Guangzhou, capital of southern Guangdong province. While the platform’s exact GMV figures were not released, conference attendees were … Read more
Tencent Holdings has quietly made inroads into the Chinese short-video e-commerce industry and is mobilising resources to build up its capabilities to take on ByteDance and Kuaishou, according to local media reports. This year, the social media giant is on track to achieve 100 billion yuan (US$13.9 billion) in e-commerce gross merchandise value (GMV) – … Read more
