Consumer stocks were ending mostly higher, with the SPDR Consumer Staples Select Sector ETF climbing 0.4% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was ahead 1.3% in late trade.
What happened
Shares of Beyond Meat (NASDAQ: BYND) climbed on Wednesday after the meat alternatives company announced a new partnership with one of the largest and most powerful companies in China.
Consumer stocks were mostly higher, with the SPDR Consumer Staples Select Sector ETF climbing 0.4% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was ahead 0.8% in recent trade.
(RTTNews) - Plant-based meat products maker Beyond Meat, Inc. struck a deal with Chinese e-commerce giant Alibaba Group Holding to launch its plant-based burgers in supermarkets and grocery stores across mainland China.
India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen by Reuters, intensifying efforts to crack down on such businesses following a border clash between the nations.
Beyond Meat Inc said on Tuesday that it will launch retail sales of its plant-based burger patties in mainland China through Alibaba Group Holding Ltd's Freshippo markets.
Indian startups with Chinese funding and Chinese smartphone makers are actively touting their Indian-ness to users as they seek to address a growing wave of nationalism following a deadly border clash between the two countries earlier this month.
April changed the conversation around Etsy (NASDAQ: ETSY), the third-party e-commerce site that had largely trended down throughout 2019 as analysts questioned whether it could find any growth catalysts. The moment came when the federal government reversed course and said people
Indian startups with Chinese funding and Chinese smartphone makers are actively touting their Indian-ness to users as they seek to address a growing wave of nationalism following a deadly border clash between the two countries earlier this month.
(RTTNews) - Amazon.com Inc. has retained its position as the world's most valuable brand with the e-commerce giant's value growing by a third from last year, according to an annual survey by consultancy firm Kantar.
An Indian ban on dozens of Chinese apps following a border clash between the two nations has possibly derailed a $1 billion India expansion plan of China's ByteDance, while also sparking an uproar from users of its popular TikTok video app.
In this episode of Industry Focus: Tech, Dylan Lewis chats with Motley Fool contributor Brian Feroldi to discuss a $2 billion scandal at Wirecard (OTC: WCAGY). Learn about the company and its business, how the situation unfolded, and why it went undetected for so long. They also
Singapore's state investor, Temasek, is looking to invest up to $100 million in Indian food delivery firm Zomato, Economic Times reported on Tuesday, citing people familiar with the matter.
An Indian ban on dozens of Chinese apps following a border clash between the two nations has possibly derailed a $1 billion India expansion plan of China's ByteDance, while also sparking an uproar from users of its popular TikTok video app.
India on Monday banned 59, mostly Chinese, mobile apps including Bytedance's TikTok and Tencent's WeChat in its strongest move yet targeting China in the online space since a border crisis erupted between the two countries this month.
India has banned 59, mostly Chinese, mobile apps including Bytedance's TikTok, Alibaba's UC Browser and Tencent's WeChat citing security concerns, the government said in a statement on Monday.