Ge Long Hui·2025-09-11 08:21Core Viewpoint - Alibaba's stock (BABA.US) rose over 2.3% to $147.3, driven by the launch of the "Gaode Street Ranking" which attracted over 40 million users on its first day, surpassing the daily active user count of Dianping [1] Group 1: User Engagement - The "Gaode Street Ranking" achieved over 40 million users on its launch day, indicating strong market reception [1] - In August, Dianping had a daily active user count of 32.6 million, highlighting the competitive edge gained by Gaode [1] Group 2: Strategic Implications - Morgan Stanley's report suggests that the launch of "Gaode Street Ranking" is a significant step in Alibaba's super app strategy, positioning Gaode as a key entry point for offline local services [1] - The initiative is expected to create synergies with Ele.me and Alipay, enhancing user engagement and monetization potential while expanding offline consumption scenarios [1] Group 3: Analyst Ratings - Morgan Stanley maintains an "Overweight" rating on Alibaba's H-shares with a target price of HKD 165 [1]