Venture(US:VEMLY) 3 6 Ke·2026-02-06 01:46Core Insights - The article discusses the innovative approach of Alvin's Club, an AI-driven e-commerce platform founded by former Alibaba executive Tang Xing, which aims to revolutionize the e-commerce industry by utilizing AI to handle over 90% of decision-making processes [1][2][3] Group 1: Business Model and Strategy - Alvin's Club is positioned as an "international version of Taobao" targeting overseas middle-class consumers, leveraging China's supply chain advantages and focusing on non-standard and long-tail products [3][5] - The platform operates on a service fee model, charging approximately 10% of the total cost of goods and shipping, avoiding traditional advertising fees [16][10] - The company aims to create a closed-loop system where AI manages the entire process from product selection to delivery, differentiating itself from traditional e-commerce platforms that primarily focus on traffic distribution and recommendations [4][11] Group 2: Technology and AI Integration - The platform employs three core models: user model, product model, and expert model, which work together to automate the understanding of user preferences and execute transactions [14] - AI is expected to significantly reduce operational costs, allowing Alvin's Club to manage millions of SKUs with just five employees, compared to traditional e-commerce platforms that require thousands [17] - The accuracy of AI in various processes is improving, with text generation being nearly flawless, while video generation still requires human intervention [13] Group 3: Market Potential and Growth - Tang predicts that the next 3-5 years will be a period of explosive growth for AI-driven e-commerce, with advancements occurring at a pace faster than that of mobile internet [7][32] - The company plans to focus on user growth through social media and content platforms rather than traditional advertising, with expectations of significant increases in monthly order volume [27][33] - Alvin's Club will initially target markets in North America, Europe, and Australia due to high AI acceptance and significant price advantages stemming from currency differences [19][20] Group 4: Competitive Landscape - The platform aims to avoid direct competition with Amazon by focusing on non-standard and long-tail products, where it can establish a differentiated advantage [5][21] - While initially seen as complementary to Amazon's strengths in standard products, the rise of AI-driven e-commerce may lead to a shift in market dynamics over time [21]