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Alibaba‘s mapping app Amap recorded more than 360 million daily active users on the first day of China’s eight-day National Day holiday on Wednesday, setting an all-time high for the platform, the company said in a statement.
Alibaba and rival Meituan have been locked in a bitter battle for market share, with Amap moving away from its traditional focus on navigation and encroaching on Meituan’s local-lifestyle territory by launching its own ranking of restaurants, hotels and tourist destinations.
In Thursday trade in Hong Kong, index heavyweight…
