Alibaba's New Qwen Update Reinforces 'Super-App' Strategy -- Market Talk

Dow Jones

01/16

0848 GMT - Alibaba's new Qwen update is likely to help the company to create a "super-app" in the AI era, DBS's Andy Yu says in a research note. The new Qwen update "reinforces Alibaba's super-app strategy, where deep integration with commerce, payments and local services enables closed-loop execution," the bank says. DBS expects Qwen's competitiveness in the e-commerce and online travel segments to improve, as AI can be a significant help to users in researching and planning. The bank maintains a buy rating on Alibaba but trims its target price to HK$213.00 from HK$223.00 on sum-of-the-parts methodology. Shares closed 1.0% higher at HK$166.20. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

January 16, 2026 03:48 ET (08:48 GMT)

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The new Qwen update \"reinforces Alibaba's super-app strategy, where deep integration with commerce, payments and local services enables closed-loop execution,\" the bank says. DBS expects Qwen's competitiveness in the e-commerce and online travel segments to improve, as AI can be a significant help to users in researching and planning. The bank maintains a buy rating on Alibaba but trims its target price to HK$213.00 from HK$223.00 on sum-of-the-parts methodology. Shares closed 1.0% higher at HK$166.20. (tracy.qu@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 16, 2026 03:48 ET (08:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0326948709.USD","symbol_name":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2603966955","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603966955","pubTimestamp":1768553280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0848 GMT - Alibaba's new Qwen update is likely to help the company to create a \"super-app\" in the AI era, DBS's Andy Yu says in a research note. 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The new Qwen update \"reinforces Alibaba's super-app strategy, where deep integration with commerce, payments and local services enables closed-loop execution,\" the bank says. DBS expects Qwen's competitiveness in the e-commerce and online travel segments to improve, as AI can be a significant help to users in researching and planning. The bank maintains a buy rating on Alibaba but trims its target price to HK$213.00 from HK$223.00 on sum-of-the-parts methodology. Shares closed 1.0% higher at HK$166.20. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 16, 2026 03:48 ET (08:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}