BABA(US:BABA) news flash·2025-06-26 03:21Core Insights - Alibaba Group's Vice President and President of Alibaba Assets, Li Ran, announced an innovative transformation strategy at the 2025 Alibaba Assets Annual Summit, aiming to transition from an "asset trading platform" to a "one-stop asset service platform" [1] - The strategy includes three major upgrade paths: AI product upgrades, business model upgrades, and service system upgrades, which will comprehensively drive the reconstruction and upgrading of industry service models [1] Group 1 - The strategic positioning shift emphasizes a broader service offering beyond mere asset transactions [1] - The three upgrade paths are designed to enhance operational efficiency and customer experience within the asset management sector [1] - The initiative reflects a significant evolution in Alibaba's approach to asset services, aligning with industry trends towards integrated service solutions [1]