Alibaba’s Year In Review; CEO Eddie Wu’s New Role; Top Retail Predictions For 2024 and More!

Alibaba’s Year In Review; CEO Eddie Wu’s New Role; Top Retail Predictions For 2024 and More!

Happy New Year to all Digital Digest subscribers!

Our resolution for 2024 is to deliver a newsletter packed with insights and updates from China's digital landscape, starting with this January's edition. 

To all the e-commerce gurus, our retail trends outlook is for you. We sat down with business leaders from across Alibaba Group to hear their forecasts.

The opportunities and challenges ahead may surprise you. 

While it's easy to get swept up in the possibilities of 2024, the year's end is also a natural time for reflection.

And what a year it was! A lot happened in 2023, but we've narrowed it all down to a list of the most noteworthy milestones in China's digital economy and at Alibaba Group, from the biggest restructuring in Alibaba's history to a revival in live entertainment post-pandemic.

With these experiences in hand, Alibaba Group is ready for 2024. 

After Joe Tsai and Eddie Wu stepped into the roles of Alibaba Group's Chairman and CEO, respectively, in September, Wu also took on the mantle of Taobao and Tmall Group's CEO in late December.

And finally, shoutout to navigation platform Amap, which scaled new heights in 2023, accumulating 280 million peak daily active users at one point. Alibaba Cloud is also on top of its game and has been hard at work training many new large language models.

What are you waiting for? Dig in below👇

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Alibaba’s Top 10 Highlights Of 2023

From a major restructuring to AI breakthroughs, this year was a year to remember. As we put 2023 in the rearview mirror, Alizila has gathered highlights from across Alibaba Group’s ecosystem.

We chose achievements that will have a lasting impact on how the group does business and those that will resonate with society at large.

Explore Alibaba’s year in review here

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Alibaba’s CEO Eddie Wu Takes Charge of Taobao and Tmall Group

The group reshuffled its senior ranks to ensure its flagship domestic e-commerce and cloud computing operations receive ample resources to compete at a time of technological upheaval.

Eddie Wu will lead its biggest revenue generator, the Taobao and Tmall Group, adding to his roles as Group CEO and head of Alibaba Cloud.

Learn what this will mean for the company here

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Travel With Alibaba’s Amap From Startup To Navigation Platform

If you need to get somewhere in China, Amap will probably help you find your way.

It appears on cell phones and car dashboards, on hand to avoid traffic jams, find electric car charging stations and even book restaurant tables from the road.

Chart the growth of Amap, which recently topped 280 million peak daily active users, here

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Top 5 E-Commerce Trends To Watch In 2024

In 2024, as shoppers increasingly lean on artificial intelligence to answer questions and refine their searches, they will expect merchants, brands and marketplaces to keep pace.

How will the retail industry stay ahead? We canvased Alibaba Group’s businesses, marketplaces and sector experts for their thoughts on consumer trends and how AI can help meet demand.

Get a head start on the year here

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Alibaba Businesses Share Green Initiatives At COP28

At the December gathering of global policymakers, Alibaba executives shared how the group’s ecosystem is leveraging digitalization to drive sustainability.

Different businesses are tackling the challenge in different ways, though all empowered by technology as advanced as AI and as simple as in-app notifications.

Discover their innovations here

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Alibaba’s DAMO Academy Unveils LLMs Designed For Southeast Asia

The group’s research institute designed two large language models to reflect Southeast Asia’s diverse linguistic and cultural landscape.

Most LLMs originate from western countries and are trained on datasets based disproportionately on languages derived from English and Latin. Not so with DAMO Academy’s SeaLLM and SeaLLM-chat, which can process languages from Burmese to Khmer.

Meet the models here

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Bring it on 2024, we’re ready!

krunal sabhadiya

Owner Of Ethnicrang

1mo

I Have Taken Your Account Through The Acquaintance Of Gautam Mishra, He Came To Us To Open An Account, He Told Me Guaranteed That Business Will Come, Inquiries Will Come And We Will Provide You With All The Proper Services. But We Are Not Getting The Same Service, I Have Hired A Manager, Her Name Is Shikha Chauhan, She Is Part Of Our Group, She Is Not Giving Any Proper Reply, My Account Is Getting Fake Inquiries And Real Content Inquiries Are Less, So I Have Complained. Even Shikha Chauhan Has Not Given Me An Answer, So If The Customer Is Annoyed Because Of Your Bad Service, Then You Should Stop Taking Money And Fruading.

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MATHEUS DA SILVA ROCHA VIERA COSTA

Profissional de Ensino fundamental/médio

6mo

Produtos Choice não chegam!!! Estou à espera do meu reembolso! Em 17/10/23 início do remessa conforme Pedi 3 itens apenas 1 chegou, os outros dois ficaram presos pq não liberaram! A AliExpress não tem um pós venda descente! PRODUTOS CHOICE NÃO TEM SEGUROS, NÃO TEM GARANTIA! E se não chegar eles liberam o dinheiro pro vendedor e você cliente que fica no prejuízo! #NAOCOMPREPRODUTOSCHOICE #GOLPE #ALIEXPRESS #reembolso 🤮🤮🤮🤮🤮🤮😡😡😡😡😡🤬😡🤬😡🤬😡😡🤬😡🤬😡😡😡😡😡

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MATHEUS DA SILVA ROCHA VIERA COSTA

Profissional de Ensino fundamental/médio

6mo

Produtos Choice não chegam!!! Estou à espera do meu reembolso! Em 17/10/23 início do remessa conforme Pedi 3 itens apenas 1 chegou, os outros dois ficaram presos pq não liberaram! A AliExpress não tem um pós venda descente! PRODUTOS CHOICE NÃO TEM SEGUROS, NÃO TEM GARANTIA! E se não chegar eles liberam o dinheiro pro vendedor e você cliente que fica no prejuízo! #NAOCOMPREPRODUTOSCHOICE #GOLPE #ALIEXPRESS #reembolso 🤮🤮🤮🤮🤮🤮😡😡😡😡😡🤬😡🤬😡🤬😡😡🤬😡🤬😡😡😡😡😡

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Abelardo Aguilar carreño

Chofer en Reencauchadora El Sol

6mo

Cómo puedo comprar en Alibaba para Perú

Ivan Chang

Exporter, manager of a fast fashion women garments manufacturer!

6mo

We opened a new store on alibaba. Hope it will get better in nearly future .

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