US Stock Movement | Alibaba rises over 2%, Taobao ranks first in app downloads in 16 countries
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On Thursday, Alibaba rose more than 2%, closing at $109.70. In terms of news, according to statistics from a third-party data agency, as of April 16, Taobao ranked first in the App download charts in 16 countries and was in the top ten in 123 countries, with a large influx of overseas consumers into Taobao. Public data shows that on April 12, the overseas download volume of the Taobao App was 104,000. By April 15, this number reached 326,000, a staggering increase of 222% compared to April 12. Among them, on the iOS platform, downloads in North America increased by 483% compared to April 12, while Europe saw a growth of 439%
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