Alibaba Group announced significant breakthroughs in its artificial intelligence capabilities on November 5, 2025. Its new AI reasoning model, Qwen3-Max-Thinking, reportedly matched OpenAI's advanced GPT-5 Pro in global mathematics competitions, achieving perfect accuracy in prestigious contests. Concurrently, its flagship AI model, Qwen3-Max, outperformed US and Chinese competitors in a live crypto trading challenge, generating a 22.32% gain on a $10,000 investment in two weeks. In a separate strategic development, Chinese media reported that Alibaba plans to retire its food delivery brand Ele.me and integrate its services into a new platform called Taobao Instant Commerce, effective December 1. This move signals a significant consolidation of Alibaba's local commerce and instant retail operations. Benzinga noted that Alibaba's shares were trading slightly lower in the pre-market session.