Post-Show Summary: Alibaba CoCreate 2024 Increases Attendance by 53% Year Over Year

As the flagship event produced by the global B2B e-commerce platform Alibaba.com, Alibaba Co-Creation It brought together more than 2,000 e-commerce and supply chain industry experts, renowned entrepreneurs, Alibaba.com users, manufacturers, and small and medium-sized e-commerce businesses to explore current trends, including new developments in artificial intelligence (AI). They are driving the e-commerce space. Attendance at the Chinese technology company’s event increased by 53.8% year-on-year. In the quarter ending June 30, Alibaba generated $33.5 billion in revenue, up 4% year over year.

Held for the second time in Las Vegas, the event showcased the company’s latest B2B sourcing tools, services and technologies. CoCreate 2024 delivered more than 50 interactive learning sessions designed to help businesses improve their sourcing and supply chain operations, as well as providing a platform for learning, networking and inspiration for B2B buyers and sellers.

Who, When and Where: Alibaba.com CoCreate, 5-6 September, parislas vegas

Show Size: The second annual CoCreate attracted more than 2,000 attendees and 30 Alibaba.com vendors in the 9,500-square-foot show space, which included a keynote stage, learning center, podcast area and session area.

Looking back: Held on 7-8 September 2023 Resorts World Las VegasThe inaugural CoCreate was attended by more than 1,300 attendees and more than 7 million livestream viewers worldwide.

Best new features and products: To help them build their businesses, seven entrepreneurs were pre-selected for a shopping spree worth up to $1,000 in products from the Alibaba.com Dream Cart exhibit through the platform’s Alibaba Guaranteed service. The display was highlighted by a large shopping cart filled with products from various vertical categories available on the Alibaba.com website.

A series of “My Way” vignettes, produced in collaboration with Entrepreneur magazine, highlighted the entrepreneurial and sourcing journeys of four U.S.-based Alibaba.com buyers. As attendees made their way through the fair and the main stage areas, they toured four exhibits focusing on each of these entrepreneurs and their products.

The e-commerce company also promoted new AI Sourcing AgentScheduled to launch later this year, it is designed to simplify online global sourcing for businesses of all sizes. The new AI tool, which offers key features such as conversational search capabilities, proactive sourcing need interpretations and recommendations, and intelligent comparisons of potential suppliers and their offers, was made available for CoCreate attendees to test at the dedicated booth.

In response to recent supply chain disruptions around the world, Alibaba.com announced a number of new supply chain logistics solutions, including competitive shipping solutions and online improvements such as order fulfillment optimization, small package consolidation and shipping price comparisons to ensure delivery speed and efficiency. Customer support throughout the sourcing process, from pricing inquiries to final delivery.

Beyond the show floor: This year’s event featured an “Introduce Pros” competition, where 15 pre-selected entrepreneurs showcased their innovative business and product ideas and were offered the chance to turn their visions into reality and make vital connections with potential suppliers. The competition was hosted by FUBU founder and Shark Tank star Daymond John and The Modern Inventor founder and two-time Shark Tank entrepreneur Chris Guerrera.

Following their presentations, the contestants, Jason Feifer, editor-in-chief of Entrepreneur magazine; Courtney Spritzer, co-founder of Entreprenista and CEO of Socialfly; Carmine Denisco, president of Earmark Sourcing, renowned marketer and TV host Rudy Mawer; and Everette Taylor, CEO of Kickstarter.

The five winners, announced live on stage, received a prize package consisting of $2,500 in Alibaba.com platform credits and $2,500 in cash to be used on Alibaba.com, VIP RFP services, and priority access to Alibaba.com’s AI sourcing tools.

What they say: “This year’s CoCreate event was a huge success as we brought together entrepreneurs, suppliers, industry experts and more to talk about the current state of the e-commerce industry and look to a future where global sourcing is simplified,” said President Rah Mahtani. marketing office, North America, Alibaba.com. “We want to thank everyone who helped make this year’s event special with such big announcements about our future around AI and new financial and logistics solutions for our entrepreneurs and suppliers.”

Looking ahead: CoCreate 2025 dates and location have not been announced yet.

Don’t miss any news about the event: Sign up for our weekly e-newsletter HEREListen to our latest podcast HERE and contact us LinkedIn!