India's Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month.
Tencent (OTC: TCEHY) recently posted first-quarter numbers that soundly beat analysts' estimates. The Chinese tech giant's revenue rose 26% annually to 108.1 billion yuan ($15.3 billion), clearing expectations by about 7 billion yuan.
At first glance, MercadoLibre (NASDAQ: MELI) and Amazon (NASDAQ: AMZN) may not appear comparable. MercadoLibre is an Argentina-based e-commerce and software company with a market cap under $39 billion. Amazon is a retail and tech conglomerate. At a market cap of about $1.2 tr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI Total International Stock ETF (Symbol: IXUS) where we have detected an approximate $100.1 million dollar inflow -- that's a 0.6%
Tencent Music (NYSE: TME), China's top music streaming company, recently posted its first-quarter earnings. Its revenue rose 10% annually to 6.31 billion yuan ($891 million), which beat estimates by $3 million but marked its slowest growth since its IPO in late 2018.
Alibaba (BABA) can provide credible insight into the strength of the Chinese consumer and the state of business in China when the Chinese e-commerce giant reports fourth quarter fiscal 2020 earnings results before the opening bell Thursday
Looking to expand in China to confront Starbucks' (NASDAQ: SBUX) growth directly, Restaurant Brands International's (NYSE: QSR) coffeehouse Tim Hortons said it has secured financing for the strategy from Chinese conglomerate Tencent (OTC: TCEHY).
Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
Despite more than 20 million people filing for unemployment benefits, stocks ended Friday’s trading session sharply higher, suggesting that the moves taken by Federal Reserve and U.S. Treasury to prop up the economy are working. But are they?
The S&P 500 has rallied more than 3,500% over the past 50 years. Investors who bought and held stocks through those five decades -- which saw six recessions and multiple market crashes -- were well-rewarded for their patience.
The NASDAQ 100 After Hours Indicator is up .14 to 9,220.49. The total After hours volume is currently 53,518,836 shares traded.The following are the most active stocks for the after hours session:
Baozun (NASDAQ: BZUN), the e-commerce services provider frequently dubbed the "Shopify of China," went public at $10 per share five years ago. The stock surged to the low $60s by the summer of 2018, but was subsequently cut in half on concerns about its slowing growth, the trad
Tencent (OTC: TCEHY) and Apple (NASDAQ: AAPL) don't initially look like competitors. Chinese tech giant Tencent owns a diverse portfolio of gaming, mobile messaging, cloud, payments, and streaming media services. Apple generates most of its revenue from high-end hardware devices
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