China's Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd's WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other's services and links.
In this video, I'm going to talk about Farfetch (NYSE: FTCH), the $15 billion luxury goods company. The stock is down 33% year to date but down 40% since its February high despite growing revenue at 40%. You can find the video below.
Consumer stocks were mixed premarket Monday. The Consumer Staples Select Sector SPDR Fund (XLP) was climbing by 0.03% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 0.54%.
Southeast Asian logistics provider Ninja Van is sufficiently capitalised after raising $578 million and it could be about 18 months before it taps public markets for an IPO, the head of the Singapore-based company said on Monday.
Stock Market Futures Trading Sideways To Start The WeekU.S. stock futures are looking for direction on Monday morning as investors tread cautiously in the last week of September. The general stock market sentiment seems to be improving. This came as investors digest the Fed&rsquo
This year, China's leaders have embarked on an aggressive campaign to rein in its technology giants to promote more "common prosperity," in a bid to reverse the wealth inequality rising in China's economy.
Logistics provider Ninja Van added Alibaba Group as a new investor as it raised $578 million in a late stage funding round, the Singapore-based firm said on Sunday.
An investment arm of Chinese e-commerce giant Alibaba Group Holding Ltd, targeted in a regulatory crackdown, will divest its entire stake of 5.01% in broadcaster Mango Excellent Media Co Ltd, the media firm said.
The NASDAQ 100 After Hours Indicator is down -.25 to 15,316.33. The total After hours volume is currently 60,692,817 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is -0.16 at $372.82, with 2,912,721 shares t
Sea Limited (NYSE: SE) is a holding company based in Southeast Asia. It operates three businesses, each of which hits on a major secular trend. Shopee is the leading e-commerce marketplace in the region, SeaMoney provides digital financial services, and Garena is a video game dev
Alibaba Group Holding is one of the largest e-commerce companies in the world as measured by gross merchandise value, but it's not the only powerhouse in China. Rival JD.com (NASDAQ: JD) has also become a major player in this industry, and is growing quickly. Not surprisingly, lo
Sweeping new regulations are being floated for casinos in Macao that threaten the investment thesis of the entire gambling market in China, even as the region continues to struggle to climb out of the very deep hole caused by the coronavirus pandemic.
In this video, Industry Focus host Jason Moser chats with Kai Zhang, a senior analyst at Esoterica Capital. Tune in as they talk about the current regulatory environment in China, how investors should view opportunities in the region, and much more!