Alibaba’s AI Commerce Push: Sell-The-News Coming?
Alibaba Group unveiled its Qwen App today, positioning it as a step toward becoming the world’s first AI-driven e-commerce platform. The app has already been integrated across Alibaba’s ecosystem, including Taobao and Fliggy, aiming to blend AI assistants directly into shopping and travel workflows. Despite the ambitious launch, Alibaba shares fell 3% after rallying for three straight sessions, suggesting investors may be locking in gains or waiting for clearer monetization signals.
After a three-day rally, is today’s drop just sell-the-news—or early skepticism on AI commerce?