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Technology

After AI took over operations, AliExpress potential market Double 11 sales surged by more than 50%

This year’s overseas Double 11, orders from Chinese cross-border merchants appeared in many unexpected “unpopular” markets. The reporter learned from AliExpress, Alibaba’s cross-border e-commerce platform, that in the seven days before the Double 11 promotion, the average daily transaction volume in potential country markets outside AliExpress’s main markets surged by more than 50% year-on-year. With the help of AI smart hosting, merchants can expand their business to more markets that they usually have no business in. How active are consumers outside the spotlight in “buying”? AliExpress data shows that in the Falkland Islands, where “there are more penguins than people”, buyers participating in the sale placed an average of 5.5 orders per person. The place is not big, but the shopping enthusiasm is not small; In the Svalbard Islands in the Arctic Circle, the sun has "off duty" in November, but consumers are not idle. This year's Double 11, Svalbard opened orders for the first time, and the most purchased items were toy figurines; Cape Verde, the "African dark horse" who became famous in the World Cup, impressed people on the football field, but the shopping list was quite pragmatic: the most purchased items on AliExpress were cars and spare parts, beauty and health products; Mali, one of the hottest countries in the world, and Norway, which is freezing cold, were equally enthusiastic about Double 11, and their GMV doubled... Orders from “unpopular” markets are converging into a new growth pole. During this Overseas Double 11, AliExpress's four major regions of South America, Europe, Southeast Asia, and Africa have seen overall growth in potential countries, with markets such as Colombia, Peru, Switzerland, and Norway showing active performance. In the past, merchants knew that AliExpress could “sell to the world from one store”, but if they really wanted to receive these orders, they had to deal with different language, logistics, pricing and promotion rules. Recruit a few more people, or let them go first? Many businesses choose the latter. This year, AliExpress launched intelligent operation agents in countries and regions with potential to hand over these trivial tasks to AI. Once the merchant activates it with one click, the system can automatically optimize the product details page, sign up for activities, match logistics routes, and also provide

雷峰网
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Crypto

Prediction market brokerage! River Markets completes CFTC futures commission merchant registration

The trading volume in the prediction market has surged, giving rise to exclusive brokerage business. River Finance, a subsidiary of River Markets, completes CF […] prediction market brokerage! River Markets Completed CFTC Futures Commission Merchant Registration> This article was first published in BlockTempo, the most influential blockchain news media.

動區動趨 BlockTempo
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International

Zelenskiy says first day of trilateral peace talks in Ukraine was "constructive"

High-level talks between Ukraine, Russia, and the United States aimed at ending the war in Ukraine took place on the 10th in Abu Dhabi, the capital of the United Arab Emirates (UAE). This is the first day of the 2 day itinerary. Ukrainian President Volodymyr Zelenskiy did not attend, but said it was "constructive and quite substantive."

BBC News
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Crypto

Can you still trust AI proofs if you can’t understand them? Mathematician: It’s like a new drug. It depends on the correct answer rate.

Cornell mathematician Strogatz divided the role of computers in mathematics into three stages: servant, scout, and oracle. AI now only gives answers but no reasons. […] If you can’t understand AI’s proof, can you still trust it? Mathematician: It’s like a new drug. Look at the correct answer rate. This article was first published in BlockTempo, the most influential blockchain news media.

動區動趨 BlockTempo
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Crypto

Why is Crypto Crashing?

The post Why is Crypto Crashing? appeared first on Coinpedia Fintech News The crypto market crashed 2.04% in 24 hours, bringing its total market value down to $2.45 trillion on November 11. Heavy Bitcoin liquidations are adding to the selling pressure, with $203 million in BTC positions wiped out, including $176 million in long positions. Investor confidence is also weakening, with the Crypto Fear and Greed Index …

Coinpedia
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Crypto

US Targets $456K in Crypto Allegedly Tied to Dating Site, Facebook Fraud

Federal prosecutors sought forfeiture of cryptocurrency allegedly taken through romance fraud targeting people on dating sites and Facebook. The Massachusetts case followed failed withdrawals from fake investment platforms and efforts to trace payments made by victims. Prosecutors Pursue Funds Traced to Romance Fraud The U.S. Attorney’s Office for the District of Massachusetts said Nov. 9 […]

Bitcoin.com News
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Crypto

Bitcoin Price Today Crashes Below $73,000

The post Bitcoin Price Today Crashes Below $73,000 appeared first on Coinpedia Fintech News Bitcoin price today crashed to $72,677, its lowest level since August, erasing nearly three months of gains. BTC has now fallen almost 16% from its September 21 peak of $87,374. The sudden crash followed hotter-than-expected US inflation data, triggering fresh selling pressure across the crypto market. According to CoinGlass, around $711 million in crypto positions …

Coinpedia
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Crypto

US CPI exceeds expectations! Bitcoin fell below US$73,000, Ethereum approached US$2,000, and PPI became the next key

The latest U.S. inflation data has once again hit the cryptocurrency market. The Consumer Price Index (CPI) increased by 0.4% month-on-month in October, and the core CPI increased by 0.3% month-on-month, both higher than market expectations, increasing pressure on the Federal Reserve to raise interest rates in December. Bitcoin continued to weaken after the data was released, once falling below $73,000 and hitting a minimum of about $72,691. 〈U.S. CPI exceeds expectations! Bitcoin fell below US$73,000, Ethereum approached US$2,000, and PPI became the next key. This article was first published on "Blocker".

Blockcast 鏈報
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