The company also introduced two new features, Business Research and Deep Search, designed to help small and medium-sized enterprises (SMEs) streamline market entry and global sourcing.
Alibaba International Digital Commerce Group’s AI-powered business-to-business (B2B) search engine, Accio, reached 1 million users within five months of its launch.
The company also introduced two new features, Business Research and Deep Search. It designed them to help small and medium-sized enterprises (SMEs) streamline market entry and global sourcing.
Accio is built on Alibaba’s foundational AI technologies, including the open-source Qwen large language model (LLM). It uses industry-specific data and multilingual capabilities to deliver targeted market insights and sourcing strategies.
Alibaba owns the world’s two largest online marketplaces by gross merchandise value (GMV), Taobao and Tmall. Taobao ranks No. 1
Deep Search: Precision Sourcing, Simplified
Deep Search tackles the complexities of global sourcing by adapting to intricate requirements—whether technical specs, certifications or budget constraints. If a query yields few results, it will intelligently refine searches using synonyms or industry terms, mimicking procurement experts. The feature also vets suppliers for compliance and reliability, delivering AI-curated shortlists in minutes. By translating decades of Alibaba’s trade data into an intuitive interface, it empowers newcomers to source like seasoned professionals.
Revamping Global Trade with AI
A recent Alibaba.com survey of over 4,000 sourcing decision-makers across the US, UK, Germany and France revealed that nearly 64% plan to integrate AI into their sourcing strategies by 2025. Their top motivations include long-term business growth, efficiency improvements and cost reductions.
With global trade projected to exceed $33 trillion in 2024, businesses are increasingly adopting advanced technologies to stay competitive. Tools like Accio address this need by simplifying AI adoption.
Alibaba.com is also undergoing a comprehensive upgrade to incorporate Accio’s capabilities, empowering its 50 million SME buyers and sellers to identify business opportunities and connect with trustworthy suppliers.