Core Insights - Alibaba International Station introduced the AI search engine Accio, which streamlines the procurement process from weeks to minutes, emphasizing its practicality for small and medium enterprises (SMEs) in the B2B sector [1][3][4] - The platform aims to enhance global trade infrastructure by integrating AI tools across various stages, including transaction, payment, and logistics [1][4] Group 1: AI Implementation and Impact - Accio significantly reduces the complexity of cross-border procurement by addressing time zone and language barriers, allowing users to find products more efficiently [3][5] - The AI search function launched in September has improved user conversion rates by over 10%, indicating enhanced matching accuracy [4][5] - The platform's search engine traffic has increased by over 20%, with Accio achieving 1.5 million monthly active users in August, projected to exceed 2 million in September [6][9] Group 2: Business Model and User Engagement - The average order value on the platform is approximately $3,000, with the conversion process involving both inquiry and payment stages [5][6] - The integration of local payment methods in regions like Latin America and the Middle East has improved payment convenience and buyer willingness [5][6] - The platform's order volume has grown by 33% this year, driven by increased participation in cross-border trade [9][10] Group 3: AI's Role in Trade Efficiency - AI is expected to revolutionize B2B trade by enhancing supply-demand matching and facilitating communication between buyers and suppliers [10][11] - The company is developing AI capabilities to optimize payment solutions and credit risk assessments for buyers [10][11] - AI tools are being utilized to address compliance issues, helping sellers navigate complex regulations and reduce operational risks [11][12] Group 4: Organizational Changes and Future Outlook - The introduction of AI is transforming organizational culture, with a focus on enhancing efficiency across all roles, from sales to technical development [13][14] - The company is encouraging employees to develop skills that complement AI, emphasizing the importance of human judgment and creativity [14][15] - Future strategies include leveraging AI to simplify the international market entry process for SMEs, making it easier to connect with global supply chains [15][16]
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