Alibaba's Qween Application: A Strong Start with Artificial Intelligence

Alibaba's New Qween App Boosts Stock Prices

Alibaba saw its stock prices rise by more than 5% after announcing download figures from WeChat. The app, introduced this month under the new name Qween, has been restructured to combine various services.

Analysts' Assessment

Strategist Kenny Ng from China Everbright Securities International Co. stated, "The Qween app will be a significant factor in supporting Alibaba's consumer business. The market is also viewing it as an indicator against OpenAI's valuation."

Quick Start with LingGuang

Alibaba's fintech company Ant Group introduced its AI-powered assistant app LingGuang last week, which received over one million downloads within just four days.

Future Vision: AI-Integrated Shopping

Alibaba will continue to add AI features to the Qween app to enhance online shopping. According to the company's statement, "Alibaba plans to integrate essential lifestyle and productivity services such as digital maps, food delivery, travel bookings, office tools, e-commerce, education, and health guides into the Qween App."