Pinduoduo (NASDAQ: PDD), China's third-largest e-commerce company after Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), launched a new service called Duo Duo Maicai ("More Grocery Shopping") in August. Maicai lets shoppers pre-order groceries online, then pick them up from local st
What happenedShares of ZTO Express (NYSE: ZTO) were pulling back today after the Chinese logistics company reported its third-quarter earnings results. The company posted strong top-line growth in its third-quarter report, but nonetheless saw profits decline due to increased comp
Baidu (NASDAQ: BIDU), the Chinese tech giant that owns the country's leading search engine, recently posted its third-quarter earnings.Its revenue rose 1% year-over-year to 28.32 billion yuan ($4.16 billion), matching estimates and growing for the first time in three quarters. It
Pinduoduo (NASDAQ: PDD) last week announced its first-ever quarterly net profit as a publicly traded company. The leading e-commerce company in China reported $69 million in profit (on an adjusted basis) for the third quarter of 2020 thanks to solid revenue growth.Attaining its f
The world can't stop gawking about what Robinhood users are investing in. While some users walk on the risky side -- be it by scooping up troubled stocks like Hertz and Nokia, or day trading -- what gets ignored is all the boring investing that's happening on Robinhood. Its top 1
JD.com's (NASDAQ: JD) stock recently dipped after the Chinese e-commerce giant posted its third-quarter earnings. According to the report, its revenue rose 29% year over year to 174.2 billion yuan ($25.7 billion), beating estimates by $610 million. Its adjusted net income rose 80
China's State Council approved the establishment of an inter-ministerial committee to enhance efforts to combat unfair competition, the government said on its website on Thursday.
Alphabet Inc's Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist for bank accounts being launched next year with Citigroup Inc and 10 other institutions.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Maria Gallagher about the latest headlines and earnings reports from Wall Street. They talk about how people have no problem spending money with Alibaba (NYSE: BABA), some new draft regulations by Chinese
The American consumer's shift toward online shopping accelerated in a big way this year. Domestic e-commerce sales are on pace to grow by 32% in 2020 to $795 billion, a level that the analysts at eMarketer had originally expected wouldn't be reached until 2022. The market analysi
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) where we have detected an approximate $421.4 million dollar inflow -- that's a 0.7% increase w
Tencent's (OTC: TCEHY) stock recently rallied after the Chinese tech giant posted its third-quarter earnings. Its revenue rose 29% year-over-year to 125.45 billion yuan ($18.4 billion), beating estimates by 1.65 billion yuan and matching its growth rate in the second quarter.Its
Do You Have These Top E-Commerce Stocks On Your Q4 2020 Watchlist?E-commerce stocks have been some of the biggest winners in the stock market this year. The COIVID-19 pandemic has forced traditional retail stores to close their doors, which harshly impacted the entire retail sect
They're both great companies, to be sure. Amazon (NASDAQ: AMZN) is the king of e-commerce, while Dollar General (NYSE: DG) has chiseled out a place for itself in the brick-and-mortar retailing world by doing things differently than Walmart.Both stocks have performed well, too. Do
2020 is proving to be a banner year for e-commerce and online retail. Recent events, such as Amazon’s (NASDAQ: AMZN) Prime Day and Alibaba’s (NYSE: BABA) Singles Day prove as much. Those days, holiday shopping, and more underscore the potency of the Global X E-commerce ETF (NasdaqGM: EBIZ). EBIZ reflects the performance of the Solactive [...] Read more at ETFtrends.com.
Alibaba's (NYSE: BABA) stock has declined roughly 15% since the start of November due to several major concerns.First, Chinese regulators suspended the IPO of its fintech affiliate Ant Group on Nov. 3 after Jack Ma criticized China's state-backed banking system at a government fo
Chinese e-commerce company JD.com Inc posted a better-than-expected quarterly profit on Monday as online sales remained strong even after coronavirus-led restrictions were lifted in the world's second-largest economy.
Chinese e-commerce company JD.com Inc on Monday posted a 29% jump in third-quarter revenue as online orders for groceries and other essentials stayed strong even after coronavirus-led restrictions were lifted in the world's second-largest economy.
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