Jefferies expects Alibaba will

2023-11-10

Jefferies expects Alibaba will have a 2%-4% increase in its GMV during the Double Eleven Shopping Festival, while #JD will have a 3%-5% increase. $Alibaba(BABA)$

From November 1-4, the total number of packages collected across #China mainland reached 2.03billion, with a y/y growth of 16.1% and an m/m growth of 31.0%, which sets a new historical record and reflects the recovery of vitality in China's consumer market, State Post Bureau's data showed.

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