BABA-W (09988.HK) -0.500 (-0.375%) Short selling $1.31B; Ratio 11.090% will fully integrate its AI application Qwen App with Taobao. Qwen App will connect to Taobao's full range of product categories, while a new "Qwen AI Shopping Assistant" will be launched concurrently within the Taobao app. Users can complete the entire shopping process through natural language conversations, covering product discovery, comparison, order placement and after-sales services.Related NewsBABA-W 4FQ Non-GAAP Net Profit RMB86M Misses; ADR Slips ~2% PremarketBABA-W stated that behind the integration is the group's self-developed Qwen large model, combined with over 20 years of expertise accumulated in e-commerce transactions and merchant operations on Taobao and Tmall. This ecosystem-based synergy differs from overseas AI assistants that generally rely on external plug-ins to provide e-commerce services, which must build consumer trust and personalized services from scratch. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)
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