While investors mull the latest on the surging coronavirus and wait for the latest data on the U.S. Services economy and weekly jobless claims, they are weighing the prospects for some movement on a new coronavirus stimulus bill
A lot of ink has been spilled about brick-and-mortar retailers moving into e-commerce that's dominated by online selling pioneers like Amazon (NASDAQ: AMZN). But there's one edge that tech platforms have over big-box giants like Walmart (NYSE: WMT) that investors should know.ProS
Alibaba Group's Cainiao is in talks with Chinese vaccine makers over COVID-19 vaccine logistics, a spokeswoman said on Thursday, as the company launched a partnership with Ethiopian Airlines to transport medicine to the Middle East and Africa.
Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said on Thursday it has started fully driverless vehicle testing in China with Pacifica minivans from Fiat Chrysler Automobiles NV (FCA).
The U.S. House of Representatives passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards.
Palantir (NYSE: PLTR), a data-mining firm that generates most of its revenue from government contracts, went public via a direct listing in late September. The New York Stock Exchange set a reference price of $7.25 per share for the stock, and it closed at $9.50 on its first trad
NetEase (NASDAQ: NTES) is China's second-largest video game publisher after Tencent (OTC: TCEHY). It generated nearly three-quarters of its revenue from online games like Invincible, Onmyoji, and Sky last quarter.However, NetEase's "Innovative Businesses and Others" segment, whic
World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional U.S. economic stimulus, though enthusiasm for riskier assets left the dollar stuck near a 2-1/2 year low.
Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape, people with direct knowledge of the matter said.
It's been a wild ride, but with just a month left in 2020 shares of Baozun (NASDAQ: BZUN) are up nearly 16% since the start of the year. E-commerce is already a well-established field in mainland China, but in the wake of the COVID-19 crisis, it's more important than ever. Baozun
Alibaba (NYSE: BABA) is often called the "Amazon (NASDAQ: AMZN) of China" because it's the country's largest e-commerce and cloud infrastructure company. But that generalization glosses over two key differences between the tech giants.First, Alibaba's online marketplaces don't ta
The state of the global retail industry has been in flux because of e-commerce for over a decade, and those trends accelerated in 2020 because of the pandemic. Given new consumer behavior that is emerging as a result, e-commerce looks like a secular growth movement that has many
What happenedShares of JD.com (NASDAQ: JD) were sliding alongside a number of Chinese stocks today as investors sold the sector on fears of an upcoming vote in the House of Representatives. Passage of the bill could lead to Chinese stocks being delisted from U.S. exchanges if the
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. During lockdowns, consumers have turned to e-commerce, giving a huge boost to Amazon (NASDAQ: AMZN). But it's far from done expanding and
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. During lockdowns, consumers have turned to e-commerce, giving a huge boost to Amazon (NASDAQ: AMZN). But it's far from done expanding and
Wall Street stocks advanced, with the Nasdaq closing at a record high, on Friday in a holiday-shortened week as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Wall Street stocks advanced and the Nasdaq closed at a record high on Friday in a holiday-shortened week, as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Wall Street's main indexes rose and the tech-heavy Nasdaq hit a record high on Friday as optimism around an economic rebound next year outweighed fears of an expected surge in coronavirus infections following the Thanksgiving holiday.
Reuters
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