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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.