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Alipay rolled out an all in one platform for businesses to use AI agents to automate recommendations and payment services. The system allows merchants to create custom tools for task automation, marking the first full stack agentic commerce platform in China.
Alibaba shares rose more than 5% on the announcement, the largest daily increase in two weeks. The stock has climbed more than 40% since June as the company integrates AI agents across its ecosystem, including a consumer tool called Ah Bao that currently connects to over 10,000 services.
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