Sea Limited (NYSE: SE), an e-commerce and video game company based in Singapore, went public at $15 a share in late 2017. Its stock price subsequently surged to about $230 per share, boosting its market cap to over $120 billion and making it Singapore's most valuable company.I wa
Facebook (NASDAQ: FB) and Alibaba (NYSE: BABA) both initially seem like undervalued growth stocks in this frothy market.Facebook's family of apps -- including its namesake platform, Instagram, and WhatsApp -- reach 3.3 billion people every month, but its stock trades at just 20 t
China's Ant Group is working on measures to help staff with "short-term liquidity problems", its executive chairman said in internal messages, after the halting of the fintech giant's $37 billion IPO dashed employees' hopes of cashing in their shares.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.
Last year was a roller-coaster ride for investors. After posting its fastest 30% drop ever, the S&P 500 (SNPINDEX: ^GSPC) staged a stunning comeback, driven by a wave of stimulus-fueled liquidity and monetary easing.This month, the stock market hit fresh record highs. But cra
Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA) are the world's two biggest e-commerce companies and, in many ways, the companies are mirror images of one another.In addition to operating the world's leading e-commerce marketplaces, both companies have large cloud infrastructure b
MercadoLibre (NASDAQ: MELI) and Alibaba (NYSE: BABA) are two of the world's largest e-commerce companies. MercadoLibre, founded in Argentina in 1999, is Latin America's leading e-commerce player with a presence in 18 countries. Alibaba launched the same year and has become China'
China's Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm's capital as the fintech giant prepares to fold in its lucrative micro-lending businesses, people familiar with the matter said.
China's Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm's capital as it prepares to fold in its lucrative micro-lending businesses, people familiar with the matter said.
TikTok, the short-form video service owned by China's ByteDance, continues to face an uncertain future. In mid-2020, the Trump administration cited national security concerns related to data privacy and threatened to ban TikTok, forcing the company to find a buyer. Oracle (NYSE:
Bargains aren't easy to find in this market. As the market has soared higher over the past year, valuations have gotten stretched. Now even high-growth tech stocks and so-called recovery plays look expensive, with both kinds of stocks trading at 52-week highs.Still, there are som
Last May, I claimed Baozun (NASDAQ: BZUN) was a promising growth play for investors who could ride out the near-term volatility. Since I made that call, share prices for the Chinese e-commerce services provider have risen about 80%.Let's take a fresh look at Baozun's business to
Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma's Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said.
Online luxury platform Farfetch (NYSE: FTCH) is expected to see the number of active shoppers on its site soar to at least 30 million in the next five years as its partnership with Alibaba (NYSE: BABA) and Richemont (OTC: CFRUY) brings in incremental new demand from Chinese consu