Latest news with #CoCreate
Business Recorder
2 days ago
- Business
- Business Recorder
Alibaba.com launches ‘CoCreate Pitch'
KARACHI: a leading B2B e-commerce platform, has announced the newly expanded pitch competition, 'CoCreate Pitch', which will take place at the Company's annual flagship CoCreate event. The competition will allow global SMEs with product dreams to compete for a $1 million prize pool. Selected SMEs and entrepreneurs from Pakistan will have the opportunity to participate in the US event held in Las Vegas from September 4-5, 2025. In addition to the 'CoCreate Pitch' competition, is also introducing CoCreate Europe, which will be held in London on November 14, 2025. Coinciding with World Micro, Small, and Medium Enterprises (MSME) Day on June 27th, this initiative highlights the commitment of to supporting global SMEs. SMEs are actively positioning themselves for new opportunities. During the mid-year stock season, has observed significant momentum in Pakistan, with the number of Pakistani exporters on the platform increasing by 30% year-over-year from April to June. Copyright Business Recorder, 2025
Yahoo
3 days ago
- Business
- Yahoo
Alibaba launches competition for UK and European SMEs
has launched an innovation-based competition for UK and European small and medium enterprises (SMEs), with a prize pot of £750,000. The Co-Create Pitch awards, which launched last year internationally, will judge competitors' products based on innovation, feasibility and market potential. Shortlisted companies will pitch at flagship Co-Create trade events in Las Vegas and London, and will be judged by a panel of industry leaders and investors. 'It's great to see the entrepreneurial energy and passion SMEs bring to developing their innovative product ideas. 'This year, we're thrilled to open this opportunity to entrepreneurs in Europe and the US, and look forward to seeing the product dreams of the brightest SMEs and entrepreneurs coming to life on stage,' Kuo Zhang, president of said. Co-Create, which has been hosted in Law Vegas for the past two years, brings together more than 3,000 guests and 2,000 American SMEs. The Pitch competition, which will last up to four months, invited participants to post 30-second videos on Instagram or TikTok as their entry proposition, although participants are also able to register via an online form. said the awards have been driven by 'growing demand' amongst business-to-business buyers and sellers for digital sourcing, adding that the number of products sold by European suppliers has increased five-fold year-on-year. The winner of the Co-Create Pitch awards will receive £750,000, while two runners-up will receive £150,000 and 20 'global winners' will be awarded up to £30,000. Liz Wang, head of commercial strategy at said: 'The 'can-do' spirit of SMEs has always been the inspiration of Co-Create. ' global supply chain empowers these businesses to turn their product dreams into reality. From ideation to production, financing to mentorship, we're here to help them 'make it.'' Sign up to the competition here Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Express Tribune
3 days ago
- Business
- Express Tribune
SMEs with product ideas to compete in US
Listen to article B2B e-commerce platform has announced a newly expanded pitch competition, CoCreate Pitch, which will take place at the company's annual CoCreate event. The competition will allow global small and medium enterprises (SMEs) with product ideas to compete for a $1 million prize pool. Selected SMEs and entrepreneurs from Pakistan will have the opportunity to participate in the US event to be held in Las Vegas from September 4 to 5 this year. In addition to the CoCreate Pitch competition, is also introducing CoCreate Europe, which will be held in London on November 14, coinciding with the World Micro, Small and Medium Enterprises (MSME) Day on June 27. CoCreate Pitch will attract SMEs from around the globe, offering the opportunity for financial support, a diversified supply chain and mentorship. Two grand champions, one from each CoCreate event, will each receive a financial award valuing at $200,000 (50% cash and 50% sourcing credits). Twenty winners will be awarded up to $40,000 each under the same terms. All participants will gain free access to AI-powered sourcing tools and supplier network, enabling rapid prototyping and cost-efficient production. The competition spans two to four months, with submissions evaluated on innovation, feasibility and market potential. Finalists will pitch live at events in Las Vegas. Winners will be selected by a panel of industry leaders and investors. "The passion SMEs will bring to their innovative product ideas, and their entrepreneurial energy, shines brightly on stage," said Kuo Zhang, President of Despite global economic uncertainty, the SMEs continue to demonstrate resilience and a strong capacity to adapt and thrive. Recent data from reveals that SMEs are actively positioning themselves for new opportunities.
