Jefferies reported that during the Spring Festival promotional period, Alibaba successfully secured over 130 million product orders via its AI application, 'Qianwen.' This achievement is a testament to the growing trust among users in the capabilities of this AI tool. Analysts, including Thomas Chong, highlighted in their report that roughly half of these orders—spanning products like milk tea, movie tickets, and everyday essentials—came from county-level markets, showcasing the widespread adoption and appeal of Alibaba's AI across diverse regions. Furthermore, an impressive 4 million users aged 60 and above accomplished their inaugural transactions using AI, underscoring the technology's accessibility and user-friendliness for all age groups. The report also shed light on Tencent's AI application, 'Yuanbao,' which set new benchmarks for user acquisition, boasting over 50 million daily active users. Additionally, its red packet campaign witnessed a staggering total of over 3.6 billion lottery draws, reflecting the immense popularity and engagement it garnered during the festive season.