Singles Day: How the pandemic readied Alibaba’s AI for the world’s biggest shopping day

The news: While the US has been hooked on its election, China has been shopping. From November 1 to 11, the country’s top e-commerce giants, Alibaba and JD, generated $115 billion in sales as part of their annual Singles’ Day shopping bonanza. Alibaba, which started the festival in 2009, accounted for $74.1 billion of those sales, a 26% increase over last year. For comparison, Amazon’s 48-hour Prime Day sales only crossed the $10 billion mark this year.

Pandemic stress test: The sheer scale of the event makes it something of a logistical miracle. To pull off the feat, Alibaba and JD…

Continue lendo em https://www.technologyreview.com/2020/11/13/1012073/pandemic-prepared-ai-for-alibaba-singles-day/

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