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In the ever-changing world of modern enterprises, the use of AI is rather beneficial. These solutions increase productivity and efficiency within the company while also helping to reduce costs and time spent on repetitive activities and providing critical information. Explore SourceForge's list to find the best AI tools for your business. What are AI tools? Tools that help you grow your business are software that powers various business processes through machine learning and artificial intelligence. They are used in areas such as data analysis, decision-making processes, customer support, advertising, and sales. These technologies enable organizations to make better decisions based…

Welcome to AI News Today, your daily roundup of the biggest happenings in the AI ​​industry. Ray Kurzweil predicts the future of AI through 2045 Renowned futurist Ray Kurzweil's new book, The Singularity is Near, predicts that the singularity will occur by 2045, when AI will surpass human intelligence. Kurzweil envisions a future in which humans will merge with AI, dramatically improving our quality of life. However, he also emphasizes that AI development must be carefully managed to ensure the benefits of AI while mitigating potential risks. Kurzweil's predictions highlight both the great advances to come and the need to…

Federal Express Corporation has published two cross-border e-commerce handbooks to help small and medium-sized businesses operating internationally engage more effectively with consumers in China and Japan. China and Japan are the largest markets in the Asia-Pacific region, with thriving cross-border e-commerce activities, providing a wide range of business opportunities for small and medium-sized enterprises. However, foreign merchants need to understand each market's unique digital environment, consumer preferences and logistics needs to build sustainable business models. FedEx is deeply involved in the e-commerce ecosystems in China and Japan and has used its experience to develop the handbook, which is available for…

Author: Alden M. Monzon @AldenMonzonINQ – 4 minutes ago INQUIRER.net Stock Image New e-commerce platform Shoppedia aims to hit around 1 million users by September, one of the first major milestones in the company's roadmap to becoming the top marketplace platform in the country. Shoppedia CEO Neil Raas told the Inquirer last week that to date the company has more than 10,000 registered users on its website, and that he expects that number to grow significantly once the app is officially launched around September. “With Shoppedia, what you see is what…

Rocksbox is changing its business model. The jewellery platform, owned by Signet Jewelers Inc., will shut down its rental service this month and transition to a fully e-commerce platform selling second-hand and new fashion, demi-fine and fine jewellery. Loxbox president Allison Vigil said the change is designed to help the company reach a wider customer base and reflects changing customer behavior. “[Rocksbox] “We founded it in 2012 as a subscription model, and at the time it was a really innovative way to bring new trends, new styles, and new designers to our customers,” says Vigil. “We love the experience of…

Jumia, one of the leading pan-African e-commerce platforms, has been empowering consumers for 12 years now. Since 2012, Jumia has been at the forefront of transforming the e-commerce landscape across Africa, focused on providing a convenient online shopping experience to millions of consumers. As part of the milestone celebrations, Jumia launched its 12th anniversary campaign titled “Party Pack Deals”, offering Nigerian consumers exciting offers across a wide range of products. The campaign, which will run from 24 June to 14 July 2024, aims to thank loyal consumers for their unwavering support to Jumia over the past 12 years. Jumia has…

This figure is also double the average monthly supermarket visit frequency among Vietnamese, reported NielsenIQ Vietnam.A survey released at the event on June 28 revealed that on average, each person uses 3.2 platforms to shop online.Low prices for online products are not the biggest driver for consumers; the two biggest reasons are stocking up for family reasons (25%) and immediate need (21%).Previously, Vietnamese mainly used e-commerce to buy non-essential goods such as electronics, fashion items and home appliances, but nowadays they are increasingly buying daily necessities online.Customers purchase an average of 6.5 different products, with the top three categories being…

Let's start with the numbers. Zepto, a leading quick commerce (QC) company, plans to raise Rs 1850 crore in 2023, and raised Rs 5500 crore from venture capitalists last week. As per industry reports, revenues from the Indian QC market will double from Rs 23,000 crore in 2023 to Rs 50,000 crore in 2025. The market is expected to register a CAGR of 24.33% from 2024 to 2029, reaching 60 million Indians by 2029.Customers who initially did not think they would need something within 10 minutes have now embraced QC as the above figures show. Zomato's Blinkit and Swiggy's Instamart…

European Union digital rules that come into effect at the end of August will require Shein to ban listings of products that infringe intellectual property rights. NEW YORK, United States – New European Union rules that tighten scrutiny of intellectual property rights could lead to increased trademark scrutiny of a wide range of products, including Shein's $5 shirts, $20 dresses and $15 shoes. China-founded e-commerce giant Shein is moving ahead with an initial public offering (IPO) in London. EU digital regulations coming into force at the end of August will require Shein to prohibit listings of products that infringe intellectual…

For e-commerce businesses, the first step of launching an online store is usually daunting. From choosing the right products to establishing payment and shipping methods, there are so many things to consider that it can be overwhelming. But one of the most important things every online store owner should know is how e-commerce metrics work. As a sales novice, you may be preoccupied with selling to customers. However, in order to steadily grow your business, it is important to set key indicators right away. These are the key metrics that will help you understand the details of your business, set…