Alibaba.com's president explains how AI tools let SMEs access global supply chains

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Alibaba.com's president explains how AI tools let SMEs access global supply chains

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It’s a magnet for side hustlers around Europe. The CoCreate event was held this November in London, the first time it’s come to Europe. It’s an event run by Alibaba.com, a global online marketplace for b2b wholesale trade. Small businesses use it to source in bulk products from manufacturers and trading companies to then sell to consumers themselves. Alibaba.com is part of Alibaba Group founded by Jack Ma in China in 1999. Alibaba.com now connects 50 million buyers with 200,000 global suppliers, many of them based in China. At CoCreate there are suppliers showing off their wares, including everything from robot vacuum cleaners to skincare products and fashion items. Dougal Shaw spoke to the entrepreneurs who flocked to this event before catching up with Kuo Zhang, the president of Alibaba.com, to find out how small companies can access global supply chains, with AI making the task increasingly sophisticated.

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