Alibaba is expanding the functionality of the Alibaba.com platform by introducing innovative solutions in the fields of artificial intelligence and financial technology. The company announced the launch of a subscription for artificial intelligence (AI) services, as well as the testing of tokenized transactions in collaboration with JPMorgan Chase. The primary goal is to create tools for fast and accessible international payments using tokenized dollars and euros.
This is reported by Finway
Tokenized Payments and Strategic Partnership with JPMorgan
President of Alibaba.com Kuo Zhang emphasized the importance of digital transformation in global financial flows. According to him, the most significant changes will pertain to tokenized payments. The integration of tokenized dollars and euros will allow companies to make instant settlements between Europe, Hong Kong, Singapore, and China, bypassing numerous intermediary banks.
“When buyers in the US or EU pay an amount in euros, it doesn’t have to go through various banks around the world — thanks to tokenization and blockchain,” said Zhang.
To implement this initiative, Alibaba will collaborate with JPMorgan Chase, which previously introduced its own token for B2B payments — JPMD. According to Zhang, the company is also considering the use of stablecoins after the completion of testing for tokenized transactions.
Investments in AI and New Features for B2B Clients
Over the past six months, the number of active suppliers on Alibaba.com has increased by 50%. The company is actively investing in expanding its global base of manufacturers and developing digital tools for businesses. Zhang emphasizes the strategic importance of strengthening supply chains worldwide.
Alibaba.com has introduced a new feature called AI Mode — an intelligent search that allows for comparing suppliers based on price, logistics, and production capabilities. This, according to the company, is expected to significantly enhance the platform’s efficiency and reshape global trade. The subscription for AI Mode is expected to cost around $20 per month or $99 per year, although prices have not yet been finalized. Last year, the B2B segment generated over $3 billion in revenue for Alibaba.
In 2025, Alibaba introduced new AI models Qwen2.5-Max and Qwen3, which, according to the company, outperform products from OpenAI, Google, and DeepSeek. The development of its own AI solutions remains key for the entire group.
By December, Alibaba.com plans to launch an agent payment service where AI will automatically generate contracts between buyers and suppliers based on correspondence.
Cryptocurrency payments and tokenization are becoming increasingly important for the Alibaba Group ecosystem. In June, its subsidiary Ant Group announced plans to obtain licenses for issuing stablecoins in Hong Kong and Singapore. Meanwhile, in the US, giants like Walmart and Amazon are also exploring the possibility of creating their own stablecoins, awaiting the final approval of the GENIUS Act legislation.