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Alibaba's 1688 Ignites 'AI Acceleration - Industry Belt Biz Sprint Plan'
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BABA-W (09988.HK)'s source factory platform 1688 officially ignited the "AI Acceleration - Industry Belt Business Sprint Program", offering new merchants a "three guarantees" service which ensures 50,000 visitors, 500 inquiries, and 300 orders.

From the time merchants join the program until the end of this year, if the guaranteed targets are not met and the activity conditions are fulfilled, 1688 will issue a designated digital marketing coupon worth RMB6,688.

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Additionally, for non-intentional occasional fulfillment issues, 1688 will reduce penalties. 1688 pledges that AI will become the core engine for business growth for merchants by 2026.
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