Alibaba is reportedly developing an AI e-commerce product called “Huiwa”

Tech Planet reports that Ali has set up an AI e-commerce team and is currently building an e-commerce solution for merchants and daters AI e-commerceproduct"Painted Frog", has now carried out a test of invitations to a lesser number of Taobao merchants.

According to the report, this product will improve the creative efficiency for Taobao and Tmall merchants and darens in generating marketing copy, training exclusive AI models, etc., so that the goods can be quickly planted.

Alibaba is reportedly developing an AI e-commerce product called “Huiwa”

Publicly available information shows thatPainted Frog is developed by Hangzhou Lianfan Information Technology Co.The company's business information shows that the company is owned byAlibaba(Ltd. 100% Shareholding.

Pinduoduo last year's third quarter revenue of 68.84 billion yuan year-on-year growth of 93.9%, net profit of 15.54 billion yuan, net profit margin of 22.6%, followed by the stock price soared, and on November 29th surpassed Alibaba to become the largest Chinese stock in the U.S. stock market value. In this regard, Jack Ma replied to employees on Alibaba's intranet, saying: the era of AI e-commerce has just begun, and it is an opportunity and a challenge for everyone.

At present, it seems that Alibaba and other head e-commerce platforms have opened large-scale investment in the field of AI e-commerce, for example, Baidu's AI e-commerce platform Baidu Preferred launched Baidu Preferred Merchant End at the end of last year, and Jitterbit's giant engine has launched a one-stop e-commerce intelligent creation platform "iCreate". Tech Planet also said previously that Jinduoduo is setting up an AI team to build AI products for use in overseas Temu and domestic e-commerce scenarios.

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