November 5th, Gelonghui | Alibaba (BABA.US) rose 2.7% to $101 in pre-market trading. In terms of news, this year during the Tmall November 11 shopping festival-related period, Taobao's billion-yuan subsidy has been significantly upgraded to a super-billion subsidy activity. As of November 3, the order volume of the Taobao super-billion subsidy has exceeded 0.1 billion, a significant increase compared to the same period last year. In addition, on November 1, the company spent approximately $19.9728 million to repurchase around 1.6332 million shares. (Gelonghui)
美股异动｜阿里巴巴盘前涨约3% 淘宝百亿超级补贴订单量突破1亿单
US stocks are active | alibaba rose by about 3% before the market opened, with taobao's $10 billion super subsidy order volume exceeding 0.1 billion.
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