Alibaba Group Holding Limited, BABA The development boosted investor confidence in Alibaba as the company prepares to release its June quarter financial results in the coming days. Businesses currently operating without artificial intelligence capabilities can transform their existing pages, product catalogs and operational processes into what Alipay terms “agent-ready skills. ” Alipay has launched China’s first full-stack agentic commerce platform, helping merchants move from digital operations to AI-powered operations. This agent enables consumers to interact with over 10,000 AI-enhanced services using conversational language, handling everything from utility bill payments to restaurant reservations. Major brands such as KFC, Luckin Coffee and Mixue Bingcheng have already integrated their services with Ah Bao.