Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024.
BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
Initial tests showed businesses' purchase intent using the new tool increased by 40% versus traditional search engines, according to Kuo Zhang, president of Alibaba.com and vice president of Alibaba International.
The initial version is web-based and supports English, German, French, Portuguese and Spanish, according to the company.
At the end of the search, the tool lists a number of procurement options for the business to discuss directly with each supplier.
Persons:
Kuo Zhang, Alibaba.com, Harry Potter
Organizations:
Alibaba, Fair, Alibaba International, CNBC
Locations:
Guangdong, China, BEIJING, Europe, Americas