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
What happenedShares of JD.com (NASDAQ: JD) were sliding alongside a number of Chinese stocks today as investors sold the sector on fears of an upcoming vote in the House of Representatives. Passage of the bill could lead to Chinese stocks being delisted from U.S. exchanges if the
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. During lockdowns, consumers have turned to e-commerce, giving a huge boost to Amazon (NASDAQ: AMZN). But it's far from done expanding and
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. During lockdowns, consumers have turned to e-commerce, giving a huge boost to Amazon (NASDAQ: AMZN). But it's far from done expanding and
Wall Street stocks advanced, with the Nasdaq closing at a record high, on Friday in a holiday-shortened week as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Wall Street stocks advanced and the Nasdaq closed at a record high on Friday in a holiday-shortened week, as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Wall Street's main indexes rose and the tech-heavy Nasdaq hit a record high on Friday as optimism around an economic rebound next year outweighed fears of an expected surge in coronavirus infections following the Thanksgiving holiday.
Wall Street's main indexes rose and the Nasdaq hit a record high on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections following the Thanksgiving holiday.
Wall Street's main indexes were set to open higher on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections following the Thanksgiving holiday.
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. From automation to genomics, these advancements are here to stay and there are many growth stocks that are just getting started.ProShares
U.S. stock index futures edged higher on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections during the Thanksgiving holiday.
Alibaba Group Holding Ltd and Tencent Holdings Ltd have each held separate talks with Baidu Inc to acquire a controlling stake in video streaming service iQIYI Inc, people with knowledge of the matter told Reuters.
More than 10 entities, including buyout firms Blackstone and Carlyle, have lodged bids for skincare brand FANCL's Asia business outside Japan valuing it at close to $1 billion, said people with direct knowledge of the matter.
Alibaba Group Holding Ltd and Tencent Holdings Ltd have each held separate talks with Baidu Inc to acquire a controlling stake in video streaming service iQIYI Inc, people with knowledge of the matter told Reuters.
Alibaba (NYSE: BABA) and Amazon (NASDAQ: AMZN) are two of the world's largest e-commerce and cloud infrastructure companies.Alibaba owns the largest online marketplaces in China, and Alibaba Cloud is the country's leading cloud platform. Amazon is the e-commerce leader in the U.S