From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.
Chinese e-commerce companies JD.com (NASDAQ: JD) and Pinduoduo (NASDAQ: PDD) both recently invested in Gome Retail, one of the largest privately owned electronics retailers in mainland China and Hong Kong.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ex U.S. ETF (Symbol: ACWX) where we have detected an approximate $78.1 million dollar outflow -- that's a 2.5% decrease week over
Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around $1 billion, people familiar with the matter said on Tuesday.
Alphabet Inc's Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on Wednesday.
Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around $1 billion, people familiar with the matter said on Tuesday.
Apple (NASDAQ: AAPL) isn't taking any chances when it comes to its ongoing recovery in China, its second-largest market. The company has taken the unusual step of offering steep discounts on its current iPhone models in the Middle Kingdom ahead of a major online shopping event -
What happened
Shares of Baozun (NASDAQ: BZUN) were moving higher today after the Chinese e-commerce services provider posted better-than-expected earnings results in its first quarter.
Australian buy-now-pay-later (BNPL) company Zip Co Ltd said it will buy New York rival QuadPay Inc in an all-share deal that values the target at $269 million, joining a rush of Australian companies to tap the world's largest consumer market.
Momo's (NASDAQ: MOMO) stock recently dipped after the Chinese tech company posted its first-quarter earnings. Its revenue dipped 3.5% annually to 3.59 billion yuan ($507.6 million), beating estimates by $19.4 million but marking the company's first quarter of declining revenue
Chinese online gaming firm NetEase plans to raise about $2.6 billion to fund expansion through its secondary listing which began on Monday, a term sheet seen by Reuters showed, marking Hong Kong's largest equity deal so far this year.
Alibaba (BABA) stock is in a very interesting spot right now. What will happen to the Alibaba stock if the US decides to kick some Chinese stocks out of its exchanges? Will BABA be among them?
Walmart Inc's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week.