"The competitive landscape among AI apps in China is fierce. Companies have been dumping money into the market to try to win customers and show them how AI is useful in everyday life, in particular, for buying stuff."
"Alibaba alone says it allotted more than $430 million for holiday promotions. Tencent and Baidu gave away millions in coupons and prizes. The investment bank Morgan Stanley estimates that the top apps spent over $1.1 billion combined on promotions during the Lunar New Year holiday."
"The competition between domestic Chinese tech players [is] heating up again, which I believe is a good thing, you know, from the perspective of innovation."
Chinese AI chatbot companies prioritize user engagement and frequent app usage over technological advancements. Popular chatbots like ByteDance's Doubao and Alibaba's Qwen compete fiercely, often using promotions to attract users. For instance, Alibaba offered free milk tea to encourage usage of its chatbot. Major tech firms, including Alibaba, Tencent, and Baidu, invested heavily in promotions, with estimates of over $1.1 billion spent during the Lunar New Year. This competitive landscape is seen as beneficial for innovation in the industry.
Read at www.npr.org
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