Overview
- Amap’s Street Stars, launched September 10 to rank restaurants, hotels and attractions, has been used by 400 million people, nearly half of the app’s 895.5 million monthly users.
- On the first day of the eight-day National Day break, Amap logged a record 360 million daily active users and guided trips totaling more than 9 billion kilometers.
- Amap’s new AI assistant Xiaogao handled over 2.6 billion requests on October 1, and its Eagle Eye Guardian safety tool issued more than 290 million driving alerts.
- Alibaba is backing Amap’s expansion with 1 billion yuan in coupons for ride-hailing and in-store services, while Meituan is rolling out AI review screening and holiday grants for over 10,000 restaurants capped at 50,000 yuan each.
- Alibaba shares rose about 4% in Hong Kong as JPMorgan lifted its target to HK$240, with the stock also breaching a 52-week high in U.S. trading.