Alibaba

BABA

Market cap $375B

Alibaba remains its home country's e-commerce leader. Artificial intelligence, however, is quickly becoming an important profit center too.

The Chinese e-commerce giant was falling on Friday following a recent report that the company could be among those included on a Pentagon watchlist

The Wasatch Global Value Fund - Investor Class gained 6.36% in the third quarter of 2025, outperforming the MSCI All Country World Value Index, which added 6.13%. Leading contributors to the Fund's performance included Chinese e-commerce giant Alibaba Group. Leading detractors from Fund performance for the quarter included Centene Corp.

Alibaba misses Q2 earnings estimates with a 71% profit plunge and negative FCF despite a revenue beat. Its premium valuation versus the industry average signals a sell.

Alibaba Group (NYSE:BABA) has entered the consumer wearables market with the launch of its first AI-powered smart glasses, the Quark S1 and G1 models. Sales began in China through platforms including Tmall, JD.com, and Douyin, with the S1 flagship priced at 3,799 yuan (US$537) and the G1 positioned as a lighter, lower-cost alternative.

Alibaba's fiscal Q2 profit plunge and rising AI investments put ETFs like PGJ and ONLN in focus for diversified e-commerce exposure.

Alibaba began sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware. The new Quark S1 glasses, which start at 3,799 yuan ($537), include built-in translucent displays that superimpose contextual information on the user's view of surroundings.

Alibaba said its Quark AI glasses come in two variants — the S1, which starts at 3,799 Chinese yuan ($536) and G1 at 1,899 yuan. Alibaba has integrated its Qwen AI models with the device which also links to its newly-launched Qwen app.

Alibaba Group Holding Ltd. has entered a new phase of its AI expansion by releasing its first pair of smart glasses built on its Qwen models.

Alibaba released on Thursday its new Quark artificial intelligence glasses in China, heralding the Chinese tech company's efforts to break into the AI wearables market dominated by Meta globally. Prices will start from 1,899 yuan ($268.25) for the headset that will be powered by Alibaba's Qwen AI model and app.