Chinese electronics retailer Gome Retail Holding on Sunday said it would raise $200 million through a convertible bond issue that will be entirely taken up by e-commerce platform Pinduoduo.
Baidu (NASDAQ: BIDU) and Tencent (OTC: TCEHY) are two of the biggest tech companies in China. Baidu owns the country's largest search engine, and Tencent owns WeChat, its top messaging platform. Tencent is also the world's largest video game publisher, and China's second-largest
Sony (NYSE: SNE) recently bought a 5% stake in Chinese tech company Bilibili (NASDAQ: BILI) for about $400 million. The two companies also launched a new partnership to "pursue collaboration opportunities in the entertainment field in China, including animation and mobile game
The shortage of Nintendo (OTC: NTDOY) Switch consoles during the coronavirus pandemic is being exacerbated by outsized demand for its Animal Crossing: New Horizons game, which is attracting non-gamers as well as casual players and more hardcore types.
Groupon (NASDAQ: GRPN) recently adopted a "poison pill" plan to fend off any hostile takeovers as its stock remains below $1. The plan -- which will last from April 10, 2020 to March 10, 2021 -- will kick in if a single person or group buys over 10% of Groupon's common shares,
The COVID-19 pandemic recently killed the 11-year-old bull market with a brutal market crash. It's unclear if the market has bottomed out yet, but uncertain times like these often mark the best times for long-term investors to buy stocks.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $117.0 million dollar inflow -- that's a 2.3% increase week over week i
E-commerce is a massive and rapidly expanding industry. Global online retail sales will grow to an astounding $6.5 trillion by 2023, up from $3.5 trillion in 2019, according to Statista. These estimates may even prove to be conservative, with the COVID-19 pandemic accelerating
The coronavirus pandemic has been a tragedy, with the number of those afflicted with the COVID-19 disease on the rise daily. Economically, it's also been a huge problem, as millions of people have lost their jobs and tens of millions more are waiting in limbo in hopes that they'
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Not even the best fintech stock in the decade after the Great Recession of 2008 to 2009 could hide from the coronavirus. Mastercard (NYSE: MA), the world's second largest dedicated digital payments platform, has been hit hard by the contagion. At its lowest point last month, the