Alibaba announces the results of the Global E-commerce Challenge 2024.

Alibaba International held the final event of the 2024 Global E-commerce Challenge in Hangzhou, China, concluding the Global E-commerce Challenge (GEC) 2024 competition.

The three winning teams and the panel of experts.

Launched in 2021, the competition aims to attract and connect young talents globally to build the future of e-commerce. The 2024 edition focuses on exploring ways to enhance the online shopping experience through artificial intelligence (AI), targeting university students and recent graduates.

This year's competition attracted significant interest from over 1,000 individuals across more than 500 teams, representing regions including Europe, the Americas, East Asia, and Southeast Asia. After two rigorous selection rounds, 11 teams with a total of 39 contestants advanced to the global finals held in Hangzhou to compete for the top three positions.

You may also like

The US adds Alibaba, Baidu, and BYD to a list of companies that support the Chinese military; Beijing reacts.On June 8, the US added e-commerce giant Alibaba, technology company Baidu, and electric vehicle manufacturer BYD to a list of companies that Washington believes are supporting the Chinese military.

Morning of June 30th: Gold prices continue to fall sharply.Domestic gold prices continued their downward trend on the morning of June 30th, following a sharp drop in global gold prices.

The torch relay for the 19th Asian Games (ASIAD 19) will begin on August 8-9.

Among the participating teams, the energetic presence of Vietnamese students is noteworthy, with the TORUDOVI team from the Ho Chi Minh City campus of the Foreign Trade University and the International University presenting their AI-Gift solution. The project aims to create a personalized online gift-giving experience using artificial intelligence (AI), providing features like LazPresent and LazFriends to enhance interaction between givers and recipients, and reached the final round.

The CrashCourse team, comprised of students from Singapore Management University, won first place for their innovative approach and outstanding teamwork, taking home a $10,000 travel voucher as a prize.

The Echelon Group, comprised of students from Johns Hopkins University and the University of Maryland, College Park; and the Saturdays, comprised of students from Bandung Institute of Technology, won second and third place respectively, with prizes of travel vouchers worth $5,000 and $3,000.

Lillian Jiang, Chief Human Resources Officer of Alibaba International, said: “We are thrilled to have the opportunity to contribute to nurturing the next generation of global e-commerce talent through a global competition. The determination and teamwork of the contestants were truly inspiring, and we are excited to welcome some of these outstanding young talents as interns at our company. We look forward to seeing their ideas create a real impact in the e-commerce industry.”

United States - Vietnam: Don't miss

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.