Alibaba (BABA) Stock Rises 5% After Alipay Launches AI Merchant Platform

TLDR

• Alibaba stock climbed 5%, its best gain in two weeks, after Alipay launched a new AI merchant platform
• Alipay described the platform as China’s first full-stack agentic commerce platform
• The platform connects merchants to Ah Bao, Alipay’s super service AI agent launched in June
• Ah Bao is connected to over 5 smartphone brands covering 70% of the market and 16 carmakers
• The launch comes ahead of Alibaba’s June quarter earnings this week

Alibaba stock jumped 5% on Tuesday, its biggest single-day gain in two weeks, after Alipay announced the launch of what it calls China’s first full-stack agentic commerce platform for merchants.

Alibaba Group Holding Limited, BABA

The move lifted sentiment around Alibaba heading into its June quarter earnings report, due later this week.

The platform gives merchants a set of AI tools they can use to shift from standard digital operations to AI-powered ones. Merchants without existing AI services can convert their pages, products and workflows into what Alipay calls “agent-ready skills.”

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