The year 2020 has been the most impactful one in recent memory, largely because of the COVID-19 pandemic. Many industries, including airlines, hotels, and retail, saw much of their business come to a screeching halt almost overnight in late February and March. While things have s
President Donald Trump on Friday signed legislation that would kick Chinese companies off U.S. stock exchanges unless they adhere to American auditing standards, the White House said, giving the Republican one more tool to threaten Beijing with before leaving office next month.
iQiyi's (NASDAQ: IQ) stock recently plunged to a six-month low after it priced an $800 million convertible debt offering and a new ADS (American Depositary Share) offering of 40 million shares. Both transactions are expected to close by Dec. 21.Its $800 million offering in conver
Lately, I've been diving into Jumia Technologies due to its rising popularity over the past month. I've written stories about how it makes money, its most popular product, and I explored its game-changing move of pivoting from being an e-commerce retailer to an e-commerce platfor
Fashion label Gucci will open two flagship stores on Alibaba's online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic.
Alibaba Group said it will not allow its technology to be used for targeting and identifying specific ethnic groups, following a report that its facial recognition technology can pick out Uighur minorities. [nL1N2IX0KT]
Are These The Best E-Commerce Stocks To Buy Right Now?There’s no question that e-commerce stocks have been trending in the stock market, even before the pandemic. There’s also increasing evidence that the e-commerce trend took a big step forward as the coronavirus pan
The year 2020 was a pivotal one for Sea Limited (NYSE: SE). The stock flew under most investors' radar after its late 2017 U.S. IPO, but e-commerce demand sent the company's Shopee app into the stratosphere during the pandemic. As a result, with just weeks left in 2020, Sea Limit
The NASDAQ 100 Pre-Market Indicator is up 49.9 to 12,718.06. The total Pre-Market volume is currently 21,715,421 shares traded.The following are the most active stocks for the pre-market session: Rite Aid Corporation (RAD) is +3.52 at $20.63, with 1,168,025 shares traded. Busine
Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.
Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.
Baidu's (NASDAQ: BIDU) stock recently hit a two-year high after a series of positive developments. First, the company's third-quarter report in November suggested its core advertising business was stabilizing, which sparked several upgrades from analysts. Chinese regulators then
Last month, China's State Administration for Market Regulation (SAMR) drafted new antitrust rules aimed at the country's largest tech companies. It didn't call out any companies at the time, but it declared it would weed out "monopolistic practices" like price discrimination, the
Indonesia's largest e-commerce platform Tokopedia said on Wednesday it was not committed to a merger with a special purpose acquisition company (SPAC) and was evaluating its market options.
The European Commission detailed two proposed pieces of legislation on Tuesday aimed at curbing the power of tech giants including Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL). The institution, which is responsible for introducing proposed legislation and imple
On Tuesday, Distillate Capital ETFs, a company whose funds are designed to provide long-term investors with superior after-fee returns, announced the launch of the Distillate International Fundamental Stability & Value ETF (DSTX). The fund features stable cash flow and low leverage, with a high normalized cash yield. DSTX seeks to track the performance of the Distillate International [...] Read more at ETFtrends.com.
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