JD, the biggest retailer in China, swelled to its impressive size and popularity thanks in large part to its mastery over technology. By employing artificial intelligence, they’ve managed to provide applications and solutions to partners and customers alike. And with their AI Accelerator program, they’re teaching smaller businesses how to follow in their footsteps and improve commerce in China.
Back in August 2018, the AI Accelerator program brought in tech startups to show them how to advance as a business and make them ready to serve consumers in their respective markets. These were startups looking to operate in healthcare, retail, education, and a whole host of industries.
One of the startups, Chinese wine app 9KaCha, received help from JD in accessing their SnapShop technology. This image recognition app allows users of 9KaCha to snap a picture of a wine label and use it to make a purchase. The app also suggests similar app, giving consumers more options at their convenience.
But some of these startups joined the program in order to work directly with JD and serve their partners and industrial clients.
FaGouGou partnered up with the legal department at JD to create a chatbot capable of dispensing legal advice to users. This chatbot can search legal databases, process images and documents, and use algorithms to satisfy legal queries. Merchants and suppliers that partner with JD directly have used the chatbot in order to get guidance on investment and financing of certain ventures, determine when and how to acquire the proper certifications to continue operating, and solve labor issues. It’s become an in-demand app since there aren’t enough experienced lawyers to meet the demand by China’s business community.
Startups in the AI Accelerator program didn’t just show up to work with AI tools to build their services or apps. The working group were also mentored by JD. These entrepreneurs were trained in how to build solid foundation for business, regardless of the industry they’re entering.
There were 16 startups in the first AI Accelerator program group. By then end of it, more than 80% of them had a viable service or product ready for market. JD is looking to expand that, and they’ve already got 17 startups in the next group, including a few working on online video platforms and 3D vision technology.
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