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Alibaba's New Qwen App Smashes 10 Million Downloads In A Week — And Sends Its Stock Soaring: Analysts See Clear Path To China's Next AI-Era WeChat - Alibaba Gr Hldgs (NYSE:BABA), Apple (NASDAQ:AAPL)
Benzinga·2025-11-24 17:10

Alibaba Group Holdings' (NYSE:BABA) newly revamped Qwen app is off to a blistering start, crossing 10 million downloads in its first week.Qwen's Breakout Launch Sends Alibaba Shares HigherOn Monday, Alibaba Group's social media handle of X, formerly Twitter, shared that its Qwen app surpassed 10 million downloads within seven days of its public beta launch.After the company disclosed the milestone, its Hong Kong–listed shares climbed more than 5%.The surge follows Alibaba's decision to unify and rebrand its ...