TikTok, the short-form video service owned by China's ByteDance, continues to face an uncertain future. In mid-2020, the Trump administration cited national security concerns related to data privacy and threatened to ban TikTok, forcing the company to find a buyer. Oracle (NYSE:
Bargains aren't easy to find in this market. As the market has soared higher over the past year, valuations have gotten stretched. Now even high-growth tech stocks and so-called recovery plays look expensive, with both kinds of stocks trading at 52-week highs.Still, there are som
Last May, I claimed Baozun (NASDAQ: BZUN) was a promising growth play for investors who could ride out the near-term volatility. Since I made that call, share prices for the Chinese e-commerce services provider have risen about 80%.Let's take a fresh look at Baozun's business to
Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma's Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said.
Online luxury platform Farfetch (NYSE: FTCH) is expected to see the number of active shoppers on its site soar to at least 30 million in the next five years as its partnership with Alibaba (NYSE: BABA) and Richemont (OTC: CFRUY) brings in incremental new demand from Chinese consu
Baidu (NASDAQ: BIDU), the Chinese tech giant that owns the country's largest online search engine, launched its online video platform iQiyi (NASDAQ: IQ) in 2010.Baidu spun off iQiyi in an IPO in 2018 but retained a majority stake in the company, which still generated 28% of its t
In trading on Monday, shares of Alibaba Group Holding Ltd (Symbol: BABA) crossed below their 200 day moving average of $256.61, changing hands as low as $255.04 per share. Alibaba Group Holding Ltd shares are currently trading off about 3.2% on the day. The chart below shows
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $191.3 million dollar outflow -- that's a 2.5% decrease week over week (
Baidu's (NASDAQ: BIDU) stock recently dipped after the Chinese tech giant posted its fourth-quarter earnings. Its revenue rose 5% year over year to 30.26 billion yuan ($4.64 billion), marking its second straight quarter of sales growth but narrowly missing estimates by $20 millio
China's bank regulator on Saturday tightened requirements on the internet loan business of commercial banks, amid heightened scrutiny of online lending by internet giants such as Ant Group Co, the finance arm of Alibaba Group Holding Ltd.
What happenedShares of JD.com (NASDAQ: JD) were on the move today, gaining after the company announced a proposed spinoff of its JD Logistics division through a separate listing in Hong Kong.
Indian conglomerate Tata Group will buy a 68% stake in Alibaba-backed online grocery startup BigBasket for about 95 billion rupees ($1.31 billion), television channel ET now said https://bit.ly/3jTL0Cf on Tuesday.
The COVID-19 pandemic has transformed how companies view digitization and has accelerated investment in technology. As a result, companies have adapted to customer needs to deliver products and manage operations without much interruption. A presentation by Michael Laitkep, Research Analyst for S-Network, an Alerian company, examines some of the key trends in technology, how they [...] Read more at ETFtrends.com.
Investors in Alibaba Group Holding Ltd (Symbol: BABA) saw new options begin trading today, for the April 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BABA options chain for the new April 1st contracts and identified one put and o
Do you have $5,000 that you can afford to invest right now? One year ago, if you were to invest that much into shares of AbbVie (NYSE: ABBV), FedEx (NYSE: FDX), or Alibaba Group (NYSE: BABA), you would have made at least $1,000 regardless of which stock you chose. And it's not to
TikTok is planning to launch a set of tools this year to help creators monetize their presence on the social media app. It will focus primarily on social commerce, according to a report from Financial Times. Social commerce is a key piece of Douyin, TikTok's Chinese counterpart,