Alibaba Stock Rose Today, Double Eleven Closed Up 4.01%

November 11th, Alibaba Today's share price has reached a new high. Before closing, the company announced the sale of "double 11" promotions for one hour.

Alibaba shares rose again today, the highest time in the intraday time of 119.45 U.S. dollars, the whole day turnover in about 74 million shares, is the past 30 days the average volume of three times. The market value is more than 290 billion US dollars.

Alibaba announced today that " Double 11 "In the first 1 hours of the promotional day, the total amount of merchandise transactions settled through Alipay exceeded 2 billion dollars, about 12 billion 230 million yuan, of which 45.7% of the total mobile platform transactions accounted for 45.7%.

In the first 18 minutes of the start of the promotional day, the total amount of merchandise transactions settled through Alipay exceeded 1 billion yuan, or 6 billion 120 million yuan, of which 47.8% of the total volume of mobile platform transactions was.

In the first quarter earnings report released earlier this month, the company pointed out that in the first quarter of September 30th, the volume of platform trading amounted to $905 million, or about $10 million 60 thousand a day.

In 2013, the "double 11" promotion day, Alibaba Alipay The total turnover is RMB 35 billion yuan. In 2012, it was 19 billion 100 million yuan.

Ali today closed at $119.15, up $4.59, or 4.01%. In the after hours trading session, the stock fell 0.13%, at a time of $118.90 per share.