Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Omor Ibne Ehsan

The Next 7 Days Could Be Key for Alibaba Stock. Here's Why.

Alibaba (BABA) is entering a pivotal week as China's "Super Golden Week" holiday unfolds from Oct. 1-8. This eight-day break is the most significant consumer spending event in China's calendar, with an estimated 2.4 billion journeys expected during the period.

Indicators gauging activity show record-breaking activity, as Alibaba's Amap navigation service registered a record-breaking 360 million daily active users on the holiday's first day.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.