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BABA-W Leaps 4%+ as It Launches Major Biz 'Amap Street Food Ranking'
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BABA-W (09988.HK) earlier announced that it would launch a major business on its 26th anniversary today (10th). The event held by BABA-W in Hangzhou is labeled as the Amap Street Food Ranking Launch Event, with a slogan clearly stating that Amap Street Food Ranking is the most authentic and comprehensive food ranking, according to Sina Tech. It is reported that the Amap Street Food Ranking has also launched on Weibo, with the verified information being Beijing AutoNavi Tuqiang Technology (literal translation of "北京高德圖強科技"). Currently, the Amap APP has also launched the new feature 'Amap Street Food Ranking', similar to MEITUAN-W (03690.HK)'s Dianping list, allowing comprehensive ratings and rankings of merchants, covering various business format such as food, sights and hotels. BABA-W opened 1.97% higher at $144.7 today, and last leaped 4.09% to $147.7. Trading volume was 51.8339 million shares, involving $7.562 billion. AASTOCKS Financial News Website: www.aastocks.com |
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