Daniel Loeb's Third Point LLC funds posted strong gains in November to extend year-to-date returns into the double digits after the billionaire investor overhauled his portfolio and the firm a few months ago.
Tencent (OTC: TCEHY) and NetEase (NASDAQ: NTES), China's two largest video game publishers, regularly dominate the country's mobile gaming charts.Tencent currently publishes four of the ten highest-grossing iOS games in China, according to App Annie, including its top three games
Investors in Alibaba Group Holding Ltd (Symbol: BABA) saw new options become available today, for the January 2021 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BABA options chain for the new January 2021 contracts and identified one
When Jumia Technologies (NYSE: JMIA) reported third-quarter earnings in November, management highlighted certain metrics right at the top of its press release. Among the highlights was a statistic on JumiaPay, the company's financial technology (fintech) solution. In Q3, total pa
On Wednesday, the House of Representatives unanimously passed a bill that could result in the delisting of Chinese companies from U.S. stock exchanges. The Holding Foreign Companies Accountable Act (HFCAA) has been sent to President Trump, who is expected to sign the measure late
While investors mull the latest on the surging coronavirus and wait for the latest data on the U.S. Services economy and weekly jobless claims, they are weighing the prospects for some movement on a new coronavirus stimulus bill
A lot of ink has been spilled about brick-and-mortar retailers moving into e-commerce that's dominated by online selling pioneers like Amazon (NASDAQ: AMZN). But there's one edge that tech platforms have over big-box giants like Walmart (NYSE: WMT) that investors should know.ProS
Alibaba Group's Cainiao is in talks with Chinese vaccine makers over COVID-19 vaccine logistics, a spokeswoman said on Thursday, as the company launched a partnership with Ethiopian Airlines to transport medicine to the Middle East and Africa.
Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said on Thursday it has started fully driverless vehicle testing in China with Pacifica minivans from Fiat Chrysler Automobiles NV (FCA).
The U.S. House of Representatives passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards.
Palantir (NYSE: PLTR), a data-mining firm that generates most of its revenue from government contracts, went public via a direct listing in late September. The New York Stock Exchange set a reference price of $7.25 per share for the stock, and it closed at $9.50 on its first trad
NetEase (NASDAQ: NTES) is China's second-largest video game publisher after Tencent (OTC: TCEHY). It generated nearly three-quarters of its revenue from online games like Invincible, Onmyoji, and Sky last quarter.However, NetEase's "Innovative Businesses and Others" segment, whic
World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional U.S. economic stimulus, though enthusiasm for riskier assets left the dollar stuck near a 2-1/2 year low.
Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape, people with direct knowledge of the matter said.
It's been a wild ride, but with just a month left in 2020 shares of Baozun (NASDAQ: BZUN) are up nearly 16% since the start of the year. E-commerce is already a well-established field in mainland China, but in the wake of the COVID-19 crisis, it's more important than ever. Baozun
Alibaba (NYSE: BABA) is often called the "Amazon (NASDAQ: AMZN) of China" because it's the country's largest e-commerce and cloud infrastructure company. But that generalization glosses over two key differences between the tech giants.First, Alibaba's online marketplaces don't ta
The state of the global retail industry has been in flux because of e-commerce for over a decade, and those trends accelerated in 2020 because of the pandemic. Given new consumer behavior that is emerging as a result, e-commerce looks like a secular growth movement that has many