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Alibaba.com enhances AI tools to support Malaysian MSMEs #technology

ALIBABA.COM EXPANDS AI TOOLS TO EMPOWER MSMES IN MALAYSIA AND BEYOND

Alibaba.com, a global B2B e-commerce platform, is focusing on supporting MSMEs worldwide by scaling its AI tools. Around 30,000 businesses have already benefited from these tools, driving efficiency and global reach. This initiative aligns with the UN MSME Day, emphasizing the importance of MSMEs in sustainable development. Alibaba.com aims to expand its global supplier base to 100,000 suppliers in the next three years, creating a global supply chain for MSMEs through AI. The platform has seen a 37% increase in product exposure and high acceptance of AI tool suggestions by MSMEs. Testimonials from businesses like Hanh Sanh Co Ltd and Deltha Pharma highlight the positive impact of AI tools on their businesses. Alibaba.com plans to onboard 100 MSMEs from Africa this year and host events in developing nations to support growth. The platform is also enhancing its digital supply chain to connect MSMEs with global suppliers in specialized clusters. Overall, Alibaba.com is committed to empowering MSMEs globally through AI technology and inclusive growth initiatives.

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Source link: https://www.bernama.com/en/business/news.php?id=2312112

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