Chinese Tech Giants Embrace Agentic Commerce
China's technology giants including Alibaba, ByteDance and Tencent are advancing 'agentic commerce' by turning chatbots into full-service shopping and payment tools; Alibaba last week updated its Qwen chatbot to enable in-chat transactions such as food orders and flight bookings via Taobao, Fliggy and Alipay. Analysts say the integration leverages super-app ecosystems and behavioral data to boost user engagement, while McKinsey projects AI agents could add over $1 trillion in U.S. economic value by 2030.
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