NEWTech

Alibaba (BABA) Launches AI-Integrated Accio Platform Upgrade

Published on 3/31/2026

#BABA#AI#Accio#MagicPenBio#China
Alibaba (BABA) Launches AI-Integrated Accio Platform Upgrade

AI Summary

Alibaba (BABA) has launched an AI-integrated upgrade to its Accio sourcing platform, called Accio Work. The platform aims to enhance its capabilities by allowing buyers to search for customized products and process customs paperwork autonomously. Alibaba’s president, Kuo Zhang, indicated that the platform currently enjoys millions of monthly active users, with a target to reach tens of millions by next year. Additionally, the startup MagicPen Bio expects to generate global revenue of 200 million yuan ($28.94 million) this year by selling patented technology rather than exporting products.

Source: Read original article (opens in new tab)

Related News

China PMI Index Rebounds to 50.4 in March, Best in Year
Economy

China PMI Index Rebounds to 50.4 in March, Best in Year

Mar 31

Bharti Airtel (BHARTIARTL) Raises $1 Billion for Nxtra Data Centers
Tech

Bharti Airtel (BHARTIARTL) Raises $1 Billion for Nxtra Data Centers

Mar 31

China factories (Composite PMI) report fastest growth in one year
Economy

China factories (Composite PMI) report fastest growth in one year

Mar 31

California AI Order Requires Firms to Implement Safeguards
Regulation

California AI Order Requires Firms to Implement Safeguards

Mar 31