US stock research agency on July 17, according to DoNews, Alibaba international station announced the establishment of a 1 billion yuan "special subsidy for new foreign trade" to support traditional foreign trade enterprises through overseas orders, help them carry out digital transformation and provide six-month "escort" services
Alibaba international station said that it would provide all link one-stop hosting intelligent services, including basic station construction, auction, selection, distribution, customer acquisition, transformation, etc.
according to the observation of the US stock research society, as of the closing of US stocks on July 16 US Eastern time, Alibaba's share price fell 2.69% to US $242.500, with a total market value of US $650.56 billion.