Search results for Taobao
Games & Commerce
TikTok and Whatnot drive U.S. shopping livestream market toward $20 billion this year
The U.S. shopping livestream market is entering a growth phase around TikTok and Whatnot, CMBC reported on Sept. 1. EMARKETER forecast U.S. live commerce sales will reach about $19.8 billion this year, up 35 percent from 2025. TikTok Shop said its first-half sales more than doubled. Whatnot raised $545 million and was valued at $20 billion. Platform fees and counterfeit controls remain challenges.
Games & Commerce
China\'s AI agents point to the future of commerce
Agent commerce, in which AI agents search for products and complete payments on behalf of users, is spreading rapidly in China and is pushing global companies to change strategy, an analysis found. Harvard Business Review cited examples including Meituan’s Xiaomei, Alibaba’s Qwen Agent and Ant Group’s AQ Health app. HBR said China’s payment and identity infrastructure, logistics, super-app ecosystems and consumer acceptance are key drivers.
AI & Enterprise
Alibaba launches enterprise agentic AI Wukong, to integrate with Slack and Teams
Alibaba has unveiled a new agentic AI platform for enterprise customers called Wukong, CNBC reported on March 17. The platform lets companies manage multiple AI agents through a single interface and includes enterprise-grade security features. It supports automation of tasks such as document editing, approvals, meeting minutes and research. Wukong is currently available as an invitation-only test version.