Taobao and Tmall, e-commerce platforms under the umbrella of BABA-W (09988.HK) -4.200 (-3.423%) Short selling $1.80B; Ratio 62.850% , announced that they will launch an "AI Lobster Edition" for Business Manager to provide each brand with a comprehensive operational coverage and a 24/7 online "Agent Team" to realize low-cost and efficient operations through AI technology. It is understood that Taobao and Tmall have cumulatively helped 5 million merchants in recent years by using AI technology to enhance efficiency and reduce costs, saving merchants hundreds of billions of yuan in store analysis, material production, and customer service reception.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related NewsCiti Keeps BABA-W (09988.HK) Rating at Buy w/ TP $199
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