The first submission after connecting to ChatGPT saw a huge increase in revenue and net profit!

The enthusiasm of the cross-border circle for ChatGPT continues to heat up, and many cross-border sellers are beginning to compete to connect to ChatGPT .

Jihong Co., Ltd. , which connected to ChatGPT as early as January this year , has already tasted the sweetness. Driven by ChatGPT , the company's profitability has increased significantly.

Connecting to ChatGPT's efficient digital operations , orders and profits increased significantly in the first quarter!

Jihong Holdings said at its earnings conference held on May 12 that since the company connected to ChatGPT, it has used ChatGPT to train and optimize its self-developed e-commerce management system and database, and the company's digital operation capabilities have been effectively improved. ChatGPT is specifically used in artificial intelligence product selection, graphic and video advertising material production/advertising slogan intelligent output, advertising intelligent delivery, intelligent customer service response, etc.

ChatGPT can train and enrich the data of the product label system, help the product selection optimization model to make product selection decisions in four main dimensions: line, platform, time, and product characteristics, and further improve the efficiency and quality of product selection. According to the latest data, ChatGPT has helped Jihong Co., Ltd. launch more than 20,000 new products .

On the other hand, ChatGPT can mine effective relationships. Jihong shares used the new demand concepts mined by ChatGPT to serve the company's NLP team. ChatGPT helped Jihong shares to mine the relationship between 1.5 million products (10 times the demand of e-commerce) among tens of millions of products, further promoting the discovery of relationships between products and enriching the company's association recommendation business.

At this performance briefing, Jihong Co., Ltd. also mentioned the specific profit situation in the first quarter of 2023.

In the first quarter of 2023, Jihong Co., Ltd.'s net profit attributable to shareholders of the parent company was 70.43 million yuan, an increase of 64.30% compared with the same period last year.

Southeast Asia, the main market for the company's cross-border e-commerce business, continued its previous recovery trend, with demand increasing significantly and consumer purchasing power rising.

Jihong shares has achieved a continuous increase in the order scale and profit of its cross-border social e-commerce business by relying on its own digital operations . In the first quarter of 2023, Jihong shares' cross-border e-commerce business achieved good results, with net profit attributable to the parent reaching 65.26 million yuan, a year-on-year increase of 104.70%. The company's packaging business net profit attributable to the parent reached 22.84 million yuan , a year-on-year increase of 17.66%.

According to the financial report data for the first quarter of 2023 previously released by Jihong Shares , the company's main operating income in Q1 was 1.376 billion yuan , up 14.41% year-on-year . The non-net profit was 64.8733 million yuan, up 66.23% year-on-year , and the gross profit margin was 45.62% .

ChatGPT has effectively empowered multiple business nodes of Jihong Co., Ltd. and is expected to promote the company's order receipt rate and advertising conversion rate in the future, thereby improving the company's business profitability. It will also be very helpful for expanding the business scale.

The emergence of ChatGPT has brought great convenience to cross-border people and greatly improved work efficiency .

In addition to Jihong Shares, cross-border sellers such as Anker Innovations, Lechuang Shares , Huakai Yibai, Giant Star Technology, and Hanwang Technology have also entered the market one after another . An investor in the industry said that in the future, e-commerce companies that first reach cooperation with OpenAI plug-ins are expected to achieve large-scale revenue growth.

Recently, Giant Star Technology stated in response to investors ' questions that at the beginning of 2023, the company's US team took the initiative to connect to ChatGPT for customer service communication and social media communication , and has achieved certain results. This year , with the help of ChatGPT , the company 's cross-border e-commerce business will make greater progress .

It is understood that Giant Star Technology 's cross-border e-commerce business has maintained rapid growth since 2017.

According to the performance report data recently released by Giant Star Technology, Giant Star Technology's revenue in 2022 reached 12.61 billion yuan , an increase of 15.48% compared with 2021. The net profit attributable to shareholders of the listed company was 1.42 billion yuan , an increase of 11.78% year-on-year. The net cash flow generated by operating activities was 1.632 billion yuan, a surge of 8658.17% compared with 2021 .

In the first quarter of 2023 , Giant Technology's revenue was approximately 2.555 billion yuan, a year-on-year decrease of 11.14%; the net profit attributable to shareholders of the listed company was 302 million yuan, a year-on-year increase of 65.38%, showing an overall positive growth trend.

As a big seller with an annual revenue of 10 billion, Giant Star Technology has formed the industry competitive advantages of leading enterprises in digital operations . In addition, the company 's cross-border e-commerce team has long used big data analysis to accumulate customer resources and intangible assets to assist the company's product selection and decision-making . ChatGPT will also be of great help to Giant Star Technology's business.

Various industries are accelerating into the fast lane of AI

In the cross-border e-commerce industry, top sellers including Jikeyin, Tongtuo, Yibai Network, and Jihong Holdings are also connected to ChatGPT, mainly for product selection, design , advertising, sales, customer service and other business links. At the same time, small and medium-sized sellers are also actively exploring and recruiting ChatGPT talents.

ChatGPT has set off a new climax of artificial intelligence applications. The interest of the cross-border circle in AI tools has been aroused, and the exploration is no longer limited to this. People in the industry have begun to pay extensive attention to various tools such as AI mapping and prompt search engines. The comprehensive use of these tools can greatly improve work efficiency and achieve twice the result with half the effort.

Driven by ChatGPT , the application of AI technology is also accelerating!

With the development of technology, the application of AI in the field of cross-border e-commerce will become more extensive, which will also bring more market opportunities for the development of enterprises. Major technology giants are also competing to deploy AI.

In January this year , Microsoft invested more in penAl , launched the search engine Bing and browser Edge powered by ChatGPT, and embedded the artificial intelligence assistant Microsoft 365 Copilot in Office software . Google released its AI chatbot "Bard" and announced that it would import generative AI functions into Workspace .

Amazon is also working on ChatGPT to increase its application on e-commerce platforms .

According to foreign media reports, Amazon recently released a job posting about creating AI search functions. Judging from the job postings, Amazon seems to be interested in integrating functions similar to ChatGPT into its shopping platform.

It is understood that Amazon is recruiting positions including "senior software development engineer", whose job responsibilities are to reimagine the search on the Amazon platform through an interactive dialogue experience to help users determine the target products, compare products and get personalized suggestions. At the same time, it is also necessary to be guided by artificial intelligence and rebuild and innovate Amazon's search method through deep technology.

An Amazon spokesperson declined to comment on the hiring of personnel related to AI search functions, but claimed that Amazon is investing massively in generative artificial intelligence, covering all areas of Amazon's business.

The fact that many big players are flocking to the AI ​​field is also a testament to the future market trends.

On May 18, artificial intelligence research company OpenAI announced that it will launch an iPhone application for the chatbot ChatGPT in the United States. It is understood that this is the first time that the software has released a mobile version of the application, and OpenAI will also provide the same service for Android phones in the future.

In the future, more opportunities will surely emerge around technologies such as ChatGPT .

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