Alibaba Group’s (BABA) 1688.com and Xometry (XMTR) announced that Xometry’s Instant Quoting Engine will be embedded in 1688.com’s on-demand manufacturing services. The move gives buyers in China the ability to receive instant quotes and lead times from Chinese suppliers, data that is fueled by Xometry’s AI-powered Instant Quoting Engine. Xometry is the only partner specialized in the structural parts on 1688.com that will provide real-time pricing and lead times. "Xometry is digitizing manufacturing, the backbone of our global economy, and helping companies everywhere strengthen their critical supply chains," said Randy Altschuler, CEO of Xometry. "The inclusion of our Xometry Instant Quote Engine within 1688.com will help drive efficiency and innovation for both buyers and suppliers in China, bringing new ideas to life and allowing revolutionary new goods to get to market faster." The product will launch in late April.
Published first on TheFly
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