When Sea Limited (NYSE: SE) went public in Oct. 2017, most American investors didn't pay much attention to the stock. The Singapore-based e-commerce and gaming company priced its shares at $15, but the stock remained below its IPO price over most of the following year.However, in
China's SenseTime, which sells augmented reality technology to other companies, has seen global daily active users of that tech grow to 100 million from its launch of the business in 2016, a company executive said.
What happened
Shares of Chinese mobile-game company Tencent Holdings (OTC: TCEHY) tumbled on the order of 6% today. That set the pace for peers like Alibaba Group Holding (NYSE: BABA), off 6.9%; Tencent Music Entertainment Group (NYSE: TME), down 7.3%; TAL Education Group (NYSE:
What happened
Shares of Baozun (NASDAQ: BZUN) were moving backward today after the Chinese e-commerce services provider posted disappointing results in its second-quarter earnings report this morning.
U.S.-traded shares of several China-based tech-related firms, including Alibaba Holding, Tencent Music Entertainment Group and iQiyi, slid on Thursday in the wake of Beijing's findings that 43 apps illegally handled user data and directed their parent companies to fix the problem.
JD.com (NASDAQ: JD) and Sea Limited (NYSE: SE) are two of the fastest-growing e-commerce companies in Asia. Both companies are also backed by the Chinese tech giant Tencent (OTC: TCEHY).JD.com is China's largest direct retailer and second-largest e-commerce company after Alibaba
5 Top Artificial Intelligence Stocks To Watch Ahead Of September 2021While investors are wondering why stocks are down this week, tech stocks could be worth noting. In particular, some of the best artificial intelligence (AI) stocks in the stock market today would be viable plays
The past several weeks have been tough for fans of Chinese stocks. The Shanghai Composite Index is down 5% from February's peak, while the rest of the world's market indices are generally higher. And the underlying crackdown on the country's technology companies may not be over y
The NASDAQ 100 Pre-Market Indicator is down -97.08 to 14,760.84. The total Pre-Market volume is currently 23,128,989 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.16 at $8.66, with 4,469,709 shares tr
Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the end of this month, three people with direct knowledge of the deal told Reuters.
Chinese stocks, many of them cherished by U.S. investors, have had a terrible year. The sector indicator, the iShares China Large-Cap ETF (NYSEMKT: FXI), is down 11% year to date, far underperforming the S&P 500's 20% gain for the year. Notable fund managers such as ARK Inves
Share prices of ContextLogic (NASDAQ: WISH), which owns the e-commerce platform Wish, plunged to an all-time low on Aug. 13 after it posted ugly second-quarter numbers that missed analysts' estimates.Wish's revenue fell 6% year over year to $656 million, missing estimates by $67
The NASDAQ 100 Pre-Market Indicator is down -85.3 to 15,055.47. The total Pre-Market volume is currently 15,352,902 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.13 at $8.17, with 1,872,522 shares tra
Baidu's (NASDAQ: BIDU) stock slumped on Aug. 12 after the Chinese tech giant posted its second-quarter earnings. The company beat analysts' estimates on the top and bottom lines, but its third-quarter guidance was softer than expected and indicated its core business was slowing d
Alibaba Group Holding Ltd - ADR (BABA) shares closed today at 1.7% above its 52 week low of $179.67, giving the company a market cap of $512B. The stock is currently down 19.0% year-to-date, down 25.7% over the past 12 months,
Chinese regulators on Tuesday issued a lengthy set of draft regulations for the internet sector, banning unfair competition and restricting the use of user data, the latest move in a crackdown on the country's powerful tech companies.