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Alibaba Intensifies AI-Driven Competition in China’s Lifestyle Market via Amap App
Alibaba Intensifies AI-Driven Competition in China’s Lifestyle Market via Amap App
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BTCCSquare news:
Alibaba Group Holding Ltd. is escalating its rivalry with Meituan in China's hyper-competitive local services sector through artificial intelligence-powered features on its Amap navigation platform. The mapping app now incorporates 'Street Stars' – an AI-curated ranking system for 1.6 million restaurants, hotels, and tourist attractions across 300 Chinese cities.
The tech giant is backing the rollout with 1 billion yuan ($140 million) in consumer subsidies, directly challenging Meituan's entrenched Dianping review platform. Meituan retaliated by announcing 25 million consumption coupons through its revamped food delivery service, signaling intensified competition in China's $1 trillion instant retail market.
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