Minsheng Securities: The Dou Bao big model climbs to the top of domestic AI applications in November with nearly 60 million MAU, far exceeding domestic competitors.

Minsheng Securities released a research report stating that Dou Bao's large model has ascended to the top in domestic AI applications. By mid-December 2024, Dou Bao's large model had a daily token usage of over 40 trillion, an increase of more than 33 times since its release in May. According to Quantum Bit data, by the end of November, Dou Bao's app had successfully surpassed 160 million cumulative users in 2024, with a steady average daily download volume of 800,000, ranking second globally and first domestically in AI apps. In November, Dou Bao's app had nearly 9 million DAUs, with a growth rate of over 15%. The report states that Dou Bao's MAU in November was nearly 60 million, far surpassing domestic competitors. Minsheng Securities predicts that Douyin's AI smart assistant Dou Bao's November MAU will reach 59.98 million, ranking first domestically; Baidu's "Wen Xiaoyan" app, with a MAU of 12.99 million, ranks second with a growth rate of 3.33%; Tencent's "Kimi" app, developed in partnership with a domestic large model company, has an MAU of 12.82 million, with a growth rate of 27.4%; Alibaba's AI assistant "Tongyi" app has an MAU of 3.88 million, with a growth rate of 3.48%.