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15M Users, Trillions in Trading Volume and 8 Years of Commitment from CoinW

HONG KONG, Sept. 4, 2025 /PRNewswire/ — CoinW celebrates its 8th anniversary, marking an eight-year ascent from a focused upstart to a global crypto platform. Today, it serves more than 15 million registered users and facilitates over $5 billion in 24-hour trading volume. This milestone follows a full-stack platform upgrade that unifies centralized and on-chain rails. It reflects CoinW’s steady, security-first approach to growth.

8 Years of Commitment from CoinW
8 Years of Commitment from CoinW

 

CoinW's Key Achievements in Numbers
CoinW’s Key Achievements in Numbers

At its core, CoinW always strives to be a trusted gateway to the future of finance. In a recent open letter, founder Gary reaffirmed the vision — “Here for Crypto, Here for the Future.” Guided by this long-term strategy, the company has expanded from simple spot services into a comprehensive trading ecosystem covering derivatives, on-chain products, and professional tools, all designed to empower users with freedom and trust.

Within this ecosystem,  CoinW has built one of the world’s leading derivatives exchanges — ranked top four globally by CoinGecko — while continuously enhancing products and trading experiences. This year it launched an industry-first Futures Protection Program, a monthly safeguard helping users navigate volatility with greater confidence, transparency, and control.

Building the “Future of Trading”

Enter its new, full-stack integrated architecture which confidently promises to usher in the “future of trading”. The company has made key optimizations to evolve well-past its initial iteration of diversified trading services. These upgrades provide deeper capability integrations, AI strategy execution and multi-chain interoperability. It unifies previously scattered functions and establishes a solid foundation for implementing key features in the next phase.

  • CoinW integrated trading platform supports smart spot and contract matching worldwide with AI-driven, secure, and efficient centralized trading.
  • GemW introduces wallet-free, gas-free on-chain access with creator strategies, one-click copy trading, analytics, and institutional-grade protections such as custody and MEV defense.
  • DeriW delivers zero-gas perpetuals on a dedicated Layer-3 architecture, achieving up to 80,000 transactions per second with CEX-level execution while preserving on-chain transparency.
  • PropW opens a professional track for qualified traders, offering access to capital and up to 90% profit sharing, honing skills within a structured evaluation framework.

From the start, CoinW tackled early adoption barriers like wallet setup, gas fees, and fragmented tools, especially in Southeast Asia where many new users first encountered crypto. Today, its ecosystem simplifies this learning curve into a seamless experience, making crypto more accessible for beginners and offering growth opportunities for professionals.

Beyond Trading

CoinW couples product execution with cultural reach to build trust at the community level. This year, the exchange became a regional partner of LALIGA with year-round activations across Asia. It also renewed its official Web3 sponsorship of the EAFF E-1 Football Championship, extending education and engagement on East Asia’s top football stage.

The company was recognized as “Most Trustworthy Cryptocurrency Exchange in Asia” at the 7th Hit AI & Blockchain Summit. The award reflects how steadiness and security resonate with mainstream audiences.

“Trot On To Infinity” — 8th Anniversary Theme

CoinW celebrates its eighth year with the theme “Trot On To Infinity,” symbolizing its commitment to moving forward with users while exploring crypto’s limitless possibilities.

Eight years is not an end, but a new beginning,” said founder Gary in a recent public letter. “‘Trot On To Infinity’ is more than an anniversary slogan, but a promise to users that no matter how markets shift, we will stride toward a longer future together.”

This milestone marks eight years of progress—from improved risk controls and expanded trading products to pioneering user protection and bridging CeFi with DeFi. CoinW’s recent full-stack upgrade unifies these advancements into a consolidated resilient architecture built for the next generation of users and institutions.

To mark the occasion, CoinW will connect with its global community through online campaigns and offline meetups, highlighted by a Global 8-City Marathon. More than a celebration, these initiatives embody the “Trot On To Infinity” spirit — advancing with users into the next chapter of crypto.

Looking Ahead

True to the “Trot on to Infinity” spirit, CoinW will keep pushing forward with communities, enhancing products to create more opportunities for everyone. As CoinW celebrates its 8th anniversary, the platform priorities include deepening security, leading in compliance, and scaling a user-centric ecosystem that lets anyone step into crypto — and into the future — with confidence.

Renewable Energy Industry Veteran Jeff Tolnar Joins Hylenr’s Board of Directors

Tolnar brings decades of clean energy leadership to accelerate Hylenr’s growth and global impact through breakthrough LENR technology.

HYDERABAD, India and DETROIT, Sept. 4, 2025 /PRNewswire/ — Hylenr, a pioneering clean energy company focused on commercializing Low Energy Nuclear Reactions (LENR) for global markets, today announced the appointment of Jeff Tolnar to its Board of Directors. Tolnar, a seasoned executive and thought leader in the renewable energy industry, brings expertise in technology commercialization, energy systems, and market development.

Renewable Energy Industry Veteran Jeff Tolnar Joins Hylenr’s Board of Directors
Renewable Energy Industry Veteran Jeff Tolnar Joins Hylenr’s Board of Directors

With a proven track record at leading energy and technology companies including Honeywell, Shoals Technologies Group, and Landis+Gyr, Tolnar has been instrumental in advancing sustainable solutions across the energy value chain. His leadership roles spanned strategy, operations, and innovation—making him uniquely positioned to support Hylenr’s next phase of growth.

“Hylenr’s vision of deploying LENR technology to deliver scalable, clean, and affordable energy aligns perfectly with my lifelong passion for renewable energy and energy innovation,” said Jeff Tolnar. “I’m honored to join the Board and work with Ram, Sid, and the entire team to help bring this transformative technology to the world.”

Hylenr’s LENR platform represents a breakthrough in clean energy generation, offering high energy density with minimal environmental footprint. As the company transitions from advanced R&D to productization and commercialization, Tolnar’s experience will help guide strategic decisions, partnerships, and go-to-market execution.

“We’re thrilled to welcome Jeff to the Board,” said Ram Ramaseshan, Co-Founder & CEO, Hylenr. “His insight into scaling renewable technologies and building high-performing teams will be invaluable as we bring our LENR solutions to the global energy market.”

Siddhartha Durairajan, Co-Founder & Managing Director, Hylenr, added: “Jeff has led innovation at some of the most respected names in the industry, and shares our mission-driven commitment to solving the world’s energy challenges. His guidance will help ensure Hylenr delivers on its bold promise.” With Tolnar joining the board, Hylenr strengthens its leadership bench at a critical inflection point—positioning itself to disrupt traditional energy paradigms and deliver sustainable power worldwide.

About Hylenr

Hylenr is a clean energy technology company developing cutting-edge solutions based on Low Energy Nuclear Reactions (LENR). Its mission is to provide safe, scalable, sustainable energy for a cleaner, more equitable future. With a team of innovators, scientists, and entrepreneurs, Hylenr is redefining what’s possible in the renewable energy space.

 

SIXiDES Redefines Renovation Storytelling with Emotional Short Films

SINGAPORE, Sept. 4, 2025 /PRNewswire/ — SIXiDES, Singapore’s pioneering interior design and renovation platform, is breaking new ground in how design brands communicate. Beyond its innovative AI-powered tools like EQuote and E3D, SIXiDES has ventured boldly into cinematic storytelling, producing emotionally charged short films such as “Textures” and “Dots”—all available on its official YouTube channel.

"Dots" - short story by SIXiDES from its official SIXiDES YouTube channel @Sixiderchannel
“Dots” – short story by SIXiDES from its official SIXiDES YouTube channel @Sixiderchannel

Unlike conventional renovation ads that focus on discounts or quick transformations, SIXiDES leans on narrative-driven content inspired by Thai-style emotional commercials. These films are crafted to resonate on a human level, weaving family, memory, and aspiration into the story of home.

“Textures” is a moving portrayal of how design can go far beyond aesthetics, touching on deeper human experiences. “Dots” is a heartwarming journey about creativity, inspiration, and the connections that shape our lives. Both films have struck a chord with audiences and are best experienced on the SIXiDES YouTube channel, where their full impact unfolds.

This creative approach has helped SIXiDES stand out in Singapore’s renovation landscape, where advertising often leans heavily on promotions. Founder Astley Ng, also known as “The Designerd,” shares: “We’re not just selling renovations; we’re telling stories about life, love, and the spaces that shape them. In an industry often plagued by transactional approaches, we want homeowners to see the depth and meaning that good design can bring.”

The storytelling has not only resonated with homeowners but also fueled SIXiDES’ fast-growing online presence. Its YouTube channel recently crossed the 100,000-subscriber milestone, earning YouTube’s Silver Play Button, an achievement few renovation platforms worldwide can claim.

Looking ahead, SIXiDES has more unique video concepts in development, continuing its mission to bring design conversations to life through powerful storytelling. These upcoming productions will further explore the intersection of design, culture, and human experience, cementing SIXiDES’ role not only as a renovation platform but also as a creative content house shaping how homeowners see and feel about design.

About SIXiDES
Founded by veteran designer Astley Ng, SIXiDES is Singapore’s only renovation platform created by an interior designer. Its tools and content empower homeowners to make informed, inspired decisions, while giving interior designers a trusted, transparent stage to showcase their craft.

 

Zoomlion Reports Strong First-Half 2025 Results, Driven by Global Growth and Tech Innovation

CHANGSHA, China, Sept. 4, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) released its financial report for H1 2025, showing revenue growth. Revenue reached 24.855 billion yuan, up 1.3% year-on-year. International revenue continued to account for over half of total revenue in the first half of 2025, underscoring strong international growth and innovation momentum. Its end-to-end, digitalized, and localized strategy delivered breakthroughs in global markets and emerging industries. The Company also announced an interim dividend, further consolidating its positioning as a “value and growth-oriented” enterprise.

Zoomlion’s international business continues to achieve strong growth, with H1 2025 revenue reaching 13.815 billion yuan, up 15% year-on-year and accounting for 55.6% of total revenue. Its products are sold in over 170 countries, with strong growth in Africa, the Middle East, Australia, East Asia, Southeast Asia, and South America. The Company has over 30 Tier-1 hubs and 430 Tier-2 and Tier-3 outlets, supported by approximately 7,800 overseas employees, including 5,000 locals. It added 19 secondary locations globally and 62 new primary and secondary sites in traditional markets, boosting market coverage and service response.

In H1 2025, Zoomlion strengthened its global position, with export market share of concrete machinery and construction cranes rising. Earthmoving machinery revenue grew 22%, while mining machinery also expanded. The Company also advanced its global manufacturing footprint, including new factories under construction in Hungary and Germany. It continues to lead in electrification and intelligent aerial work platforms, with new telehandlers launched in Europe. In robotics, Zoomlion developed three humanoid models, built a 120-station intelligent training ground, and established a full “data collection–model training–application” cycle, creating a data-driven foundation for large-scale, embodied intelligent humanoid robots.

In 2025, Zoomlion launched its E-Learning Platform with 13-language support, AI lecturers, and a cloud-based course library, boosting talent development and international business. The Company also rolled out a global rotational training program and hosted exchange activities with international employees to enhance collaboration and advance global operations.

Zoomlion appeared on China’s Top 500 Most Valuable Brands list for the 22nd consecutive year, with a brand value of 136.786 billion yuan. The figure reflects its brand strength and development momentum, which the Company aims to leverage for global growth. Through international growth, emerging sectors, and future industry investments, Zoomlion is working with partners and customers worldwide to create smarter, greener, and more resilient solutions.

 

HTX Research: Crypto Industry Flourishes in H1 2025, with TRON and HTX Driving Dual Momentum

PANAMA CITY, Sept. 4, 2025 /PRNewswire/ — HTX Research, the dedicated research division of HTX, has released its latest report H1 2025 Key Industry Highlights. The report highlights that the first half of 2025 witnessed a flourishing, multi-point prosperity across the crypto industry. From Digital Asset Treasury (DAT) becoming a “standard” corporate strategy, to legacy Ethereum projects regaining growth momentum, and the rapid escalation of the stablecoin payment wars, the market is entering a phase marked by structural opportunities. Within this dynamic landscape, TRON has consolidated its leadership in stablecoin channels, while HTX has strengthened its competitive edge in new token trading, making them standout cases in H1 2025.

TRON: Keeping Dominance in Stablecoin Payments

Amid intensifying competition in stablecoin settlement networks, TRON has firmly established itself as the “king of payments.” By mid-2025, TRON hosted over $80 billion in circulating USDT, accounting for more than half of the global supply, with daily transaction volumes exceeding $21 billion. Its low fees, high efficiency, and deep integration with leading exchanges have created an unshakable network effect across cross-border payments and emerging markets.

Beyond scale, TRON is also experimenting with integrating the DAT model into its ecosystem. By combining equity financing with on-chain staking yields, the TRX treasury is positioned to expand continuously. This approach not only enhances token value support but also enriches the financial logic underpinning stablecoin infrastructure.

HTX: Strengthening Competitiveness Through New Token Trading

In the exchange sector, HTX has reinforced its leadership through outstanding performance and growth in different segments, especially in the trading volume of new tokens. By mid-August, HTX’s cumulative spot trading volume of newly listed tokens reached $38 billion, ranking second among major exchanges and capturing 22% of daily new-coin trading. With rapid listings of trending assets and strong liquidity depth, HTX has become a preferred platform for new token launches.

Meanwhile, HTX has steadily climbed in multiple authoritative global rankings, with liquidity and reserves expanding, further cementing its competitive standing in the market.

TRON–HTX Dual Momentum

TRON and HTX have demonstrated a powerful “chain–payment–exchange” synergy in 2025. TRON continues to expand its dominance in stablecoin settlement, reinforce its DeFi ecosystem, and pioneer the TRX DAT model for payments and lending. HTX, on the other hand, has boosted activity in new token markets, further accelerating its growth. This dual-engine dynamic has placed both TRON and HTX at the core of the stablecoin and exchange ecosystems.

Conclusion

Beyond the standout performances of TRON and HTX, the report also sheds light on other critical developments: DAT is becoming a standard strategy for companies, legacy projects in the Ethereum ecosystem are regaining vitality through compliance and technological upgrades, and perpetual DEX aggregators are emerging as one of the most promising new sectors. At the same time, the intensifying stablecoin payment wars underscore the principle that “channels are king.”

On the macro front, expectations of a Federal Reserve policy shift, easing inflation, and potential rate cuts are fueling renewed inflows into risk assets. Capital is rotating away from Bitcoin dominance toward Ethereum and other sectors with strong yields and new narratives. Overall, the first half of 2025 emphasizes value and structural opportunities rather than broad market bubbles. Looking ahead, projects with solid fundamentals, regulatory clarity, and sustainable models are best positioned to capture growth and withstand volatility in the next stage of the market cycle.

About HTX Research

HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics. Visit us.

RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

SINGAPORE, Sept. 4, 2025 /PRNewswire/ — RightShip (the “Company”), a leading maritime digital platform for safety, sustainability, and supply chain due diligence, today announced a new minority investor to accelerate the Company’s technology-led growth and mission of zero harm. Funds advised by Permira, the global investment firm, have agreed to acquire a strategic minority stake in the Company. The new investment will continue to see founding shareholders BHP, Cargill and Rio Tinto each retaining their equal stakes.

Steen Lund, Chief Executive Officer of RightShip, said: “This investment is a strong endorsement of our strategy and impact. With Permira’s global scale and expertise in technology and M&A and the continued support of our founding shareholders, we will accelerate investment in our products, data, AI, and people to grow RightShip’s relevance and reach – enhancing our mission of zero harm to people and the planet.”

Daniel Tan, Partner at Permira, commented: “RightShip plays a critical role in improving safety and transparency in the maritime industry. The Company’s services and data offerings come together on its AI-powered platform to bring deeper insights, better decision making, and workflow automation to key stakeholders. Innovation thrives at RightShip – as product-first growth investors, we are delighted to partner with management and existing shareholders on this exciting journey.”

Representatives of BHP, Cargill and Rio Tinto said in a joint statement: “As founding shareholders, we are pleased to welcome Permira and reaffirm our long-term commitment to RightShip. The combination of fresh capital and complementary capabilities, with Permira as part of the shareholder group, positions RightShip to deliver even greater safety, sustainability, and efficiency solutions for the maritime ecosystem.”

Rothschild & Co acted on behalf of RightShip and its shareholders as financial advisor. The transaction is subject to customary regulatory approvals to be obtained in coming months.

About RightShip

Established in 2001, RightShip is a leading global ESG-focused digital maritime platform, providing expertise in global safety, sustainability and social responsibility practices. Founded with the mission to drive operational improvements in the global shipping industry, more than 850 customers use RightShip’s due diligence, environmental and inspections services to help them manage risk and improve overall maritime safety standards.

About Permira

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €80bn. The Permira private equity funds make both long-term majority (Buyout) and minority (Growth Equity) investments in four key sectors: Technology, Consumer, Healthcare and Services.

Permira’s Growth Equity strategy makes strategic investments in high-growth, category-leading companies. Recent investments from the strategy include K-Way, Versaterm, Engine, Housecall Pro, BioCatch, AltamarCAM and Tract.

Permira employs over 500 people in 17 offices across Europe, the United States and Asia. For more information, visit www.permira.com.

About BHP, Cargill and Rio Tinto

BHP, Cargill and Rio Tinto are global leaders in natural resources and supply chains. As RightShip’s founding shareholders, they continue to support the company’s mission of zero harm and long-term value creation for the maritime sector.

 

Lepro Unveils AI Lighting Pro Series at IFA 2025, the World’s First Mic-Integrated AI Lighting

BERLIN, Sept. 4, 2025 /PRNewswire/ — Lepro, an AI lighting pioneer with over 30 million customers worldwide, today announced at IFA 2025 the launch of its AI Lighting Pro series, the world’s first AI lighting collection featuring an integrated AI microphone, enabling hands-free voice commands and eliminating the need for external speakers or hubs.

Lepro Unveils AI Lighting Pro Series at IFA 2025
Lepro Unveils AI Lighting Pro Series at IFA 2025

The lineup includes the TB1-Pro AI table lamp, S1-Pro AI strip lights, N1-Pro AI neon rope light, and OE1-Pro AI floor lamp. Users can simply say “Hey Lepro” to control their lighting or set the mood, ushering in a new era of convenience and smart home lighting.

Using the integrated AI Mic and Lepro’s AI lighting design assistant, users can adjust brightness, colors, and modes or even generate entire lighting scenes with simple spoken commands. Lepro’s LightGPM™ AI engine, a large language model trained on color psychology and lighting design, interprets natural-language prompts about moods or activities to instantly create professional lighting effects. Instead of manually selecting presets, users can say, “I’m doing yoga” or home party ambiance,” and the system recommends an ideal multi-color scene from many options. The AI also learns and improves scenes based on user feedback, offering personalized lighting easily.

Each product in the AI Lighting Pro series serves a unique purpose while sharing these intelligent capabilities.

  • The TB1-Pro is a table lamp that features three independently adjustable rings, allowing users to reshape the lamp’s form to suit different spaces, preferences, or moods, thereby combining functional lighting with artistic self-expression.
  • The S1-Pro is a flexible LED strip light ideal for accent lighting and entertainment spaces.
  • The N1-Pro is a neon rope light featuring a diffused design that produces a continuous, dot-free glow you can bend into custom shapes for creative wall art or gaming setups.
  • Rounding out the lineup, the OE1-Pro is a slim smart floor lamp (up to ~1000 lumens) that offers both vibrant RGB lighting and cozy 2700K warm-white light for reading or relaxation – essentially “one lamp, two moods.”

All four models come with a built-in AI Microphone for true hands-free control, Wi-Fi connectivity for remote access, and a modern design that complements home décor.

Key Features of Lepro AI Lighting Pro Series:

  • Complete Voice Control: An integrated AI Mic in each device lets users control the lights entirely by voice with the wake phrase “Hey Lepro,” no smart speaker or hub needed. Basic commands (on/off, dimming, color changes) are executed instantly, and the AI lighting design assistant can also handle complex requests like scene creation. Additionally, the series is compatible with Amazon Alexa and Google Assistant, allowing users to integrate with existing smart home routines and utilize standard voice platforms.
  • Personalized AI Lighting Designer (LightGPM™): Lepro’s proprietary LightGPM™ engine intelligently generates custom lighting scenes based on plain-language descriptions. Tell the app or AI microphone what you’re doing, feeling, or loving, and LightGPM creates personalized lighting effects from a vast palette without the need for manual programming.
  • Advanced Music Sync (LightBeats): LightBeats synchronization allows the AI Lighting Pro series to turn any space into a dance floor or theater. The lights listen to music (via the microphone) and pulse, change color, and animate to the beat in real-time. It adjusts effects to match the rhythm and mood of any tracks.
  • Multi-Zone RGBIC Lighting & DIY Effects: All AI Lighting Pro models utilize advanced addressable RGBIC LED technology, dividing each light strip or lamp into segments that can display different colors simultaneously. This allows smooth gradients and rainbow effects. Using the Lepro app, users can customize the color, brightness, and speed of each segment, as well as create unique multicolor effects. Creative tinkerers can save and share DIY scenes, while voice assistants also guide customization.
  • Tunable White Lighting: Select Pro models feature tunable white LEDs, covering the full white spectrum, such as the OE1-Pro lamp’s warm-white option at 2700K or daylight-white. This versatile lighting adapts from colorful party lights to elegant everyday lighting for reading, working, or relaxing.

The Lepro AI Lighting Pro series will debut at IFA 2025, with the first wave of products planned to launch in North America later in 2025. Broader global availability will follow, with region-specific details to be announced in the coming months.

With the AI Lighting Pro series, Lepro is ushering in a new era of AI-powered lighting. By embedding an AI microphone directly into the lights, home ambiance can now be adjusted as naturally as a conversation without the need for hubs or extra barriers. This launch represents Lepro’s commitment to pushing the boundaries of innovation in AI lighting, and they look forward to users experiencing how effortlessly their lights can now adapt to their lives.

CONTACT: Ivan Li, lipuxin@lepro.io

Fliggy’s Business Travel Arm Launches AI-Powered Solution

Intelligent automation and analysis enhance compliance, cost savings, and employee experience

HANGZHOU, China, Sept. 4, 2025 /PRNewswire/ — AliBtrip, a designated platform specializing in business travel management under Fliggy of Alibaba Group (NYSE: BABA and HKEX: 9988), has introduced an integrated AI business travel solution. The innovative solution features two key modules: an employee travel agent for personalized planning, and a corporate management agent to streamline financial administration and compliance through data-driven decision-making support.

AliBtrip distinguishes itself from other Travel Management Companies (TMCs) with its unique AI applications and digital transformation management, leveraging Alibaba’s extensive ecosystem. Recent data indicates that AliBtrip serves over 20,000 industry-leading clients and more than one million growth companies, with over 20 million corporate employees booking business trips through the platform.

“The foundation of business travel services lies in trust between employees and companies,” said Zhuoran Zhuang, Vice President of Alibaba Group and CEO of Fliggy. “AliBtrip’s solution aims to transform AI capabilities into tangible benefits, reducing both visible and hidden costs while enhancing value for our clients.”

Addressing the challenges of corporate travel

Unlike consumer-focused solutions, the AI implementation for business travel emphasizes efficiency and compliance at every stage. AliBtrip’s AI solution, powered by multiple intelligent agents, tackles the complexities of corporate travel through a sophisticated division of labor among agents. It integrates long and short-term memory management and real-time deployment of the Model Context Protocol (MCP).

Powered by AliBtrip and Fliggy’s extensive data from the hotel and travel sectors, this AI solution draws from a real-time price database for flights, accommodations, transportation, and dining, ensuring practical and effective travel planning.

Optimizing management with intelligent analysis

For businesses, AliBtrip’s AI acts as an expert in administrative and financial management, offering real-time strategic analytics and action support. This capability significantly reduces the transactional workload related to analysis, communication, and compliance.

In addition to its pricing database, AliBtrip’s AI solution can customize exclusive datasets that reflect each corporate client’s travel standards and employee preferences, aligning with the company’s policies and values.

Features such as a strategy center and natural language interaction streamline corporate management, with intelligent cost control options presented in clear, quantitative indicators and intuitive examples for decision-makers, allowing them to make adjustments with a single click. The AI can also analyze historical travel data to identify potential issues proactively.

Enhancing employee satisfaction through streamlined booking

For employees, AliBtrip’s AI simplifies the booking process, alleviating the burden of comparing travel policies and booking transportation, accommodation, and car services separately. The employee travel agent generates comprehensive itineraries based on three key inputs: purpose, time, and destination, linking seamlessly to the travel request in the system. After verifying departure and arrival locations, it autonomously creates the itineraries that include tickets, hotels, and transportation, all while considering factors such as weather and check-in times.

Real-time travel assistance enhances the overall experience, with automatic reminders and recommendations integrated into the travel itineraries that comply with corporate standards. This significantly reduces risks associated with budget overruns or non-compliance.

The AI solution also uncovers cost-saving opportunities often-overlooked; for example, suggesting business class tickets with early departures that could avoid overnight stays or prioritizing hotels that align with employee preferences within budget constraints.

“Employees should be served, not restricted,” said Shenyang Shi, General Manager of AliBtrip, highlighting the philosophical shift underlying the innovative solution. “By leveraging advanced travel planning algorithms and combining intent recognition capabilities with comprehensive datasets and route optimization, the platform demonstrates how AI can reconcile cost management with employee satisfaction, creating value for both businesses and their traveling workforce.”

About Fliggy

Fliggy is a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), and is one of the leading online travel platforms in China. Fliggy places a strong emphasis on innovation in its products and services, catering to the increasingly personalized and diversified needs of consumers in both China and overseas markets.

Leveraging Fliggy’s advantage as part of the Alibaba ecosystem, merchants can benefit from the vast user base within the Group. Fliggy also collaborates with partners through a full-service management format, helping more merchants, especially small and medium-sized ones, easily and efficiently share opportunities enabled by digitalization.

Fliggy’s long-term strategy is to promote the digital transformation of the tourism industry, using an open platform and mechanisms to help the industry make better use of digital business infrastructure for their operations.