Chinese e-commerce giant JD.com (NASDAQ: JD) is preparing to spin off another business, this time its logistics unit, following plans to separate both its healthcare business and its fintech division.The company is reportedly looking to hit the markets in an initial public offeri
One hard-to-believe fact about Warren Buffett is that there are lots of people out there who have never heard of him. Of course, lots more have heard of him -- though they may only know that he's a business guy, and a rather rich one.Whether you've heard of him or not, you'll pro
China's annual World Internet Conference is usually a forum for luminaries from the country's online giants and government bodies to discuss pressing issues of the day.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Bill Mann about the latest headlines and earnings reports from Wall Street. They break out the latest earnings from NVIDIA (NASDAQ: NVDA). They've got results from a 125-year-old American mainstay retaile
The NASDAQ 100 After Hours Indicator is up 7.57 to 11,913.51. The total After hours volume is currently 117,753,373 shares traded.The following are the most active stocks for the after hours session: Tencent Music Entertainment Group (TME) is unchanged at $16.50, with 6,278,561
China's move to draft rules aimed at preventing monopolistic behaviour by internet platforms is "timely and necessary", Alibaba Group CEO Daniel Zhang said on Monday.
Key Points
E-commerce sales have accelerated amid the pandemic this year with some marketplaces even reporting triple-digit percentage growth relative to 2019.
In spite of the growth, digital commerce in emerging markets like Latin America and Southeast Asia represent a tiny fr
Chinese tech giants took a plunge earlier this month, after the country's State Administration for Market Regulation released guidelines for new rules to limit abuses of monopolistic power.Many Chinese tech giants have come to dominate their respective fields, and use that consid
iQiyi (NASDAQ: IQ) and Huya (NYSE: HUYA) are two of China's most well-known video platforms. iQiyi is a top premium platform for TV shows and movies, and Huya is a leading platform for streaming video games.Both companies are also subsidiaries of much larger companies. iQiyi belo
Pinduoduo (NASDAQ: PDD), China's third-largest e-commerce company after Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), launched a new service called Duo Duo Maicai ("More Grocery Shopping") in August. Maicai lets shoppers pre-order groceries online, then pick them up from local st
What happenedShares of ZTO Express (NYSE: ZTO) were pulling back today after the Chinese logistics company reported its third-quarter earnings results. The company posted strong top-line growth in its third-quarter report, but nonetheless saw profits decline due to increased comp
Baidu (NASDAQ: BIDU), the Chinese tech giant that owns the country's leading search engine, recently posted its third-quarter earnings.Its revenue rose 1% year-over-year to 28.32 billion yuan ($4.16 billion), matching estimates and growing for the first time in three quarters. It
Pinduoduo (NASDAQ: PDD) last week announced its first-ever quarterly net profit as a publicly traded company. The leading e-commerce company in China reported $69 million in profit (on an adjusted basis) for the third quarter of 2020 thanks to solid revenue growth.Attaining its f
The world can't stop gawking about what Robinhood users are investing in. While some users walk on the risky side -- be it by scooping up troubled stocks like Hertz and Nokia, or day trading -- what gets ignored is all the boring investing that's happening on Robinhood. Its top 1
JD.com's (NASDAQ: JD) stock recently dipped after the Chinese e-commerce giant posted its third-quarter earnings. According to the report, its revenue rose 29% year over year to 174.2 billion yuan ($25.7 billion), beating estimates by $610 million. Its adjusted net income rose 80
China's State Council approved the establishment of an inter-ministerial committee to enhance efforts to combat unfair competition, the government said on its website on Thursday.
Alphabet Inc's Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist for bank accounts being launched next year with Citigroup Inc and 10 other institutions.