First, let me give a conclusion: Qwen Taxi is a million-level incremental market, even a ten-million-level incremental market.

Why do I think AI taxi is stronger than AI food delivery? Because the practicality of AI taxi is something that people who are proficient with smartphones can't even feel.

Everyone might have overlooked one point: there is a vast number of middle-aged and elderly people in China who don't order food delivery. They all think eating takeout is unhealthy and prefer to cook themselves.

But these people, when going out for daily errands or traveling, have an extreme need for taxis. For many illiterate elderly people, asking them to use a taxi app to type out departure and destination locations one by one is almost impossible because these locations are ever-changing. But as long as they can speak Mandarin, they can tell Qwen where they want to go, and Qwen will naturally arrange it.

Finally, everyone can think about it: after so many years of internet development, how long has it been since we've seen an incremental market? It's all been existing markets fighting each other. Alibaba's recent move has gained incremental users for itself and might even snatch Didi's existing users. Congratulations to Alibaba's holders, you've made a big profit again.

$Alibaba(BABA.US)$BABA-WR(89988.HK)