Alibaba Accelerates Qwen AI Integration, Over 100 Million Users
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Source: Benzinga
- AI Integration: Alibaba is deeply integrating its Qwen AI app with core services like Taobao, Alipay, Fliggy, and Amap, aiming to create a one-stop digital service hub that enhances user experience and strengthens market competitiveness.
- User Experience Improvement: The public testing of Qwen allows over 100 million users to complete tasks such as food ordering, travel booking, and payments on a single platform, reducing the hassle of switching between multiple apps and thereby increasing user efficiency and satisfaction.
- Functionality Showcase and Limitations: At a launch event in Hangzhou, Alibaba demonstrated Qwen's ability to complete real-world tasks like recommendations and bookings, although early tests revealed limitations in certain functions, such as generating direct product links for specific shopping requests.
- Long-Term Investment Commitment: CEO Eddie Wu has pledged over $53 billion toward infrastructure and AI development, and while near-term AI profitability may be limited, the company is accelerating Qwen model adoption through an open-source strategy to enhance investor confidence and unlock more value.
Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BABA is 203.66 USD with a low forecast of 172.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 170.930
Low
172.00
Averages
203.66
High
230.00
Current: 170.930
Low
172.00
Averages
203.66
High
230.00
About BABA
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through nine segments. The China Commerce Retail segment is engaged in the China commerce retail business. The China Commerce Wholesale segment is mainly engaged in the operation of 1688.com. The Cloud Intelligence segment provides cloud services. The International Commerce Retail segment provides customer management services, sales of goods and logistics services. The International Commerce Wholesale segment is mainly engaged in the operation of Alibaba.com. The Cainiao Represents Logistics Services segment provides fulfilment services. The Local Services segment’s revenue includes platform commissions, logistics services revenue. The Digital Media and Entertainment segment engages in the operation of Youku and Alibaba. The All Others segment is mainly engaged in the Sun Art, Freshippo and other business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
