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BABA-W CEO: 2025's Major Battles Well Fought; Alibaba AI Becomes Accessible to All
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BABA-W (09988.HK) CEO Eddie Wu released a New Year's letter to the company, Chinese media reported. In it, he mentioned that Alibaba, at 26 years old, is still on the entrepreneurial path, and at a pivotal crossroads: AI is reshaping the world at an unprecedented speed, whereas consumption patterns and structures are undergoing profound changes. Faced with such a historic opportunity, Alibaba must bend over backwards, he said. Excitingly, several major battles in 2025 were fought beautifully: Taobao Instant Commerce withstood the headwinds with a comeback, and the comprehensive consumption service system of "eating, living, traveling, and shopping" is swiftly taking shape; "Amap Street Food Ratings" allows merchants to focus on operations and consumers to shop with confidence, promoting healthier and more sustainable development of the offline service industry; the Qianwen APP surpassed ten million downloads in its first week of public testing, and Alibaba AI is moving from various industries to being accessible to everyone. These achievements are not just breakthroughs in individual businesses but are the chemical reactions released by the synergy of the Alibaba ecosystem, Wu said. They allow Alibaba to truly see that AI brings not replacement, but upgrades and more possibilities. Wu added that challenges remain in the new year, but the future is clearer, looking forward to working together with all Alibaba employees to brave the waves ahead. AASTOCKS Financial News Website: www.aastocks.com |
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