Alibaba Q2 conference call: Continuing to invest in e-commerce AI computing power, with significant new user growth potential in collaboration with WeChat Pay
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Alibaba stated that it will continue to invest in e-commerce AI computing power to support multiple AI products under development, aiming to enhance user experience and merchant services. After integrating with WeChat Pay, Alibaba is optimistic about new user growth and plans to invest in medium to long-term user growth and retention, viewing it as a future investment focus. This collaboration is expected to significantly increase the monthly transaction user count for Taobao and Tmall
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