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Another leading e-commerce platform Suning said that the search traffic and sales jumped 50 percent and 30 percent respectively since the spread of Zhao's picture. People born after 1985 and even those born in the 1990s were the major consumers.

Ant Financial, Alibaba's financial arm, has even brought its technological prowess and business model to India, helping to incubate the indigenous digital wallet Paytm, which draws experience from Alipay, its Chinese equivalent.

Another point Leblond raised was that the companies look at smart speakers in different ways. According to Leblond, tech companies like Amazon, Apple, and Google are entering the smart speaker business as a gateway for users to get into their own services, like the voice assistant, search, or e-commerce.

Ant Financial Services Group announced today it will allow third-party financial institutions to set up virtual shops through an indigenous app, another push to vie for supremacy in the country's burgeoning online financial sector.

Another e-commerce giant JD.com, which started promotions from Nov 1, said it generated more than 271.5 billion yuan during the period.