On Wednesday, Alibaba (BABA.US) saw its shares climb more than 2% in pre-market trading, reaching $171.31. Just two months after its launch, the monthly active user (MAU) count for the consumer-facing version of Alibaba's Qwen has exceeded 100 million, demonstrating rapid growth particularly among student and white-collar demographics. According to industry sources, several competing traffic platforms had previously imposed restrictions on the Qwen app. It has been announced that Alibaba Qwen will hold a launch event for its app at 10:00 AM on January 15th. Latest data from Hugging Face, the world's largest open-source AI community, indicates that the Alibaba Qwen large language model is experiencing explosive growth, with cumulative downloads reaching 700 million since it surpassed Meta in the second half of 2025. Among the top 10 open-source models globally, Alibaba Qwen exhibits the most vigorous growth momentum and is currently the most widely adopted open-source model by developers worldwide.
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U.S. Stock Movement | Alibaba (BABA.US) Rises Over 2% in Pre-Market Trading; Qwen MAU Surpasses 100 Million, Major Update Scheduled for Tomorrow
Stock News01-14
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