Alibaba's Trading Volume Drops 22.65% Ranking 59th in Market

On June 17, 2025, Alibaba's trading volume reached 9.20 billion, a 22.65% decrease from the previous day, ranking 59th in the day's stock market. Alibaba (BABA) fell by 0.77%.

Alibaba Group Holding Limited has announced a strategic partnership with SAP SE to accelerate AI-powered digital transformation and enterprise innovation. This collaboration aims to enhance Alibaba's capabilities in leveraging artificial intelligence to drive business growth and operational efficiency. The partnership is expected to provide Alibaba with advanced tools and technologies to support its ongoing digital transformation efforts.

Additionally, Alibaba has updated its large language models (LLMs) to power AI on Apple devices in China. This move is part of Alibaba's broader strategy to integrate AI into its ecosystem, enhancing user experiences and driving innovation. The partnership with Apple is expected to bring new AI-powered features to Apple devices, further solidifying Alibaba's position in the Chinese market.