(RTTNews) - Chinese online retail giant Alibaba Group Holding Ltd. (BABA) Wednesday announced that its 2020 11.11 Global Shopping Festival generated $74.1 billion in in gross merchandise volume during the 11-day campaign from November 1 to 11, an increase of 26% from last year."O
What happenedIn what's becoming a frequent event, shares of Farfetch Limited (NYSE: FTCH), a luxury-fashion company headquartered in London, surged on Wednesday, hitting fresh all-time highs. As of 2:30 p.m. EST, the stock was up 6%, but it had been up 9% earlier in the day. Toda
What happenedShares of Pinduoduo (NASDAQ: PDD) popped as much as 10% today after larger peer Alibaba (NYSE: BABA) said that it enjoyed record sales for China's Singles' Day, which is the largest sales event in the world. Pinduoduo also operates a popular e-commerce platform in Ch
Throughout the election, there was a lot of talk about socialism. This week, investors in Chinese internet stocks have been reminded of what actual socialism can look like.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The NASDAQ 100 Pre-Market Indicator is up 122.09 to 11,746.38. The total Pre-Market volume is currently 29,264,499 shares traded.The following are the most active stocks for the pre-market session: Five Prime Therapeutics, Inc. (FPRX) is +16.46 at $21.80, with 7,024,538 shares t
Are These The Best E-Commerce Stocks To Buy In November 2020?E-commerce stocks have been a boon for investors in the stock market this year. Many consumers have ramped up their use of online shopping this year. But I wouldn’t be surprised if some are just trying it out for
China's Alibaba said orders on its e-commerce platform during the Singles' Day shopping event hit 467.5 billion yuan ($70.6 billion) by Wednesday evening.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted goods.
China's Alibaba said orders made through its e-commerce sites during its Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted products.
China stocks were mixed on Wednesday as profit-taking in healthcare shares and concerns about tighter regulation over big tech firms offset optimism about consumption rebound and progress in developing a coronavirus vaccine.
Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis.
What happened Chinese internet stocks were hit hard on Tuesday. By the close of trading in the U.S., shares of Alibaba Group (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and JD.com (NASDAQ: JD) were down 8.3%, 6.1%, and 5.6%, respectively.
In trading on Tuesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 3.9% on the day. Components of that ETF showing particular strength include shares of Installed Building Products, up about 11.3% and shares of Green Brick Partners, up about 8%
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core MSCI Emerging Markets ETF, which added 11,400,000 units, or a 1.1% increase week over week. Among the largest underlying components
Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis.
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