Alibaba's Qwen app just hit 10 million downloads in a week
Alibaba's Qwen AI app is having a moment—after its recent relaunch, it racked up over 10 million downloads in just seven days.
This milestone lifted Alibaba's Hong Kong-listed shares more than 5% on Monday.
With apps like ChatGPT restricted in China, it's clear people are hungry for homegrown AI options.
What's behind the hype—and what's next?
Qwen is actually a fresh rebrand that brings several of Alibaba's apps together under one name, making things simpler for users and helping the company compete with global tech giants.
Meanwhile, Ant Group (Alibaba's fintech arm) saw its new LingGuang assistant cross one million downloads in four days.
Looking ahead, Alibaba plans to pack Qwen with features like online shopping and lifestyle tools—think maps or health services—all part of their new "AI-first" push led by CEO Eddie Wu.