Alibaba International Station held the CoCreate 2024 Summit in the United States and launched a new AI procurement agent

"Global trade is complicated, but we want to make it as simple as online shopping." On September 5, at the Co Create 2024 Summit held in the United States, facing small and medium-sized business owners from all over the world, Zhang Kuo, President of Alibaba International Station, demonstrated the core strategy for simplifying global trade.

(Photo: Zhang Kuo, President of Alibaba International Station, at the " CoCreate 2024 " conference)

At the CoCreate 2024 Summit , Alibaba International Station released a new AI purchasing agent ( AI Purchasing Agent ) for global buyers, fully applying generative AI in all aspects of trade procurement , making the process extremely simple and further improving the experience. At the meeting, Zhang Kuo also mentioned that Alibaba International Station will cooperate with global payment giant Mastercard to launch the first co-branded credit card, making financial services in B2B trade more preferential and convenient; at the same time, it will cooperate with shipping and logistics giant Maersk to launch more certain and cost-effective bulk cargo shipping logistics services to the world.

In fact, through the comprehensive efficiency improvement of AI technology, the comprehensive guarantee of logistics fulfillment and the comprehensive investment in overseas markets, the B2B trade on Alibaba International Station is currently experiencing a full-scale explosion. Just five days into the "September Procurement Festival", the biggest trade peak season of the year, the order volume on Alibaba International Station increased by 69% year - on-year .

These news closely related to global SMEs also triggered a warm response in the US market. Starting from September 5, Las Vegas, USA, almost entered the "Alibaba International Station Time", and the "Alibaba.com" signs were lit up on the landmarks throughout the city . More than 2,000 global SME owners came from all directions to attend this most important B2B trade summit of the year.

(Photo: Las Vegas, USA enters "Ali International Station Time")

Among them, the new AI purchasing agent attracted great attention on the spot. It is reported that this AI purchasing agent launched by Alibaba International Station can create a conversational experience, actively translate buyers' purchasing needs and provide more suggestions, and also has deeper functions such as intelligent comparison.

At the scene, Zhang Kuo, President of Alibaba International Station, demonstrated the whole process of how a novice overseas purchaser can use this AI intelligent body to purchase an agricultural forklift across borders. He only needs to start with a vague demand such as " I want to buy a forklift for my farm ". The AI ​​will then transform into an experienced purchasing expert, turning passive search into active guide. Through continuous dialogue throughout the process, it will continuously understand the purchasing needs and narrow the search scope. Finally, it will generate a detailed quotation with all requirements, and then start to accurately match suitable suppliers through intelligent comparison.

After watching the live demonstration of the AI ​​purchasing agent, an American buyer who had just started a cross-border purchasing business on Alibaba International Station said that he was really shocked by the expertise shown by AI when purchasing agricultural forklifts. It not only lists key factors such as power type, rated capacity and lifting height, terrain compatibility, but also notifies that an OSHA certificate is required to use forklifts in the United States. "Past experience is better than anything else in this industry, because it means you can find a more suitable supplier faster. But now, after chatting with AI for a few minutes, it will use its accumulated experience to help you without reservation. It's really great! "

(Photo: Overseas buyers are trying out the AI ​​purchasing agent of Alibaba International Station at the CoCreate 2024 Summit )

At present, Alibaba International Station's AI procurement agent has been connected to the global e-commerce, trade knowledge and services accumulated by Alibaba International Station over 25 years , and has learned more than 1 billion pieces of commodity and industry information on the entire network, making cross-border minimalist procurement possible.

Industry insiders believe that the AI ​​era will greatly lower the threshold for cross-border procurement, which is undoubtedly a major benefit for China's small and medium-sized foreign trade companies. The entry of more overseas buyers will directly lead to effective growth in orders. B2B trade is ushering in the next "golden age".

As the world's largest B2B digital trade platform, Alibaba International Station held a large-scale summit for overseas buyers in the United States for the second consecutive year, bringing not only AI products and technologies that understand global trade best, but also the latest purchasing trends of "what is worth buying in the second half of the year" . In addition to the more than 2,000 small and medium-sized business owners who grabbed tickets on site , nearly 5 million online buyers watched the live broadcast of the summit on the first day, September 5 alone .

  (Photo: Many overseas small and medium-sized business owners are visiting the exhibition area of ​​Alibaba International Station CoCreate 2024 Summit)

"This time, we have not only increased the guest speeches, roundtable forums, technical sharing and other practical information, but also increased the coffee supply in view of the experience of last year's summit when 2,000 coffee cups were quickly 'sold out'." A staff member of the Alibaba International Station CoCreate 2024 Summit Organizing Committee joked.

Lin Zhilie, general manager of Guangzhou Xili Garment Co., Ltd., an Alibaba International Station merchant who attended the CoCreate Summit for the second time , learned from last year's experience and brought two large boxes of business cards with him. " If the American people run out of my business cards again this time, I will spend some time on site to let them download and install WeChat, a mysterious software from the East ."

Alibaba International Station

USA

Summit