Alibaba says to partner with Apple on AI features, sending shares surging

Alibaba will collaborate with Apple on AI integration for iPhones in China, boosting Alibaba's shares by over 9%. This partnership comes as Apple faces declining iPhone sales in China, competing with local brands like Huawei and Vivo, which have gained significant market share.

Feb 13, 2025 - 10:47
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Alibaba says to partner with Apple on AI features, sending shares surging
Alibaba will collaborate with Apple on AI integration for iPhones in China, boosting Alibaba's shares by over 9%. This partnership comes as Apple faces declining iPhone sales in China, competing with local brands like Huawei and Vivo, which have gained significant market share.