Alibaba Group Holding Ltd and China Mobile Communications Group Co Ltd are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technology Co Ltd, three people with knowledge of the matter said.
Online jobs portal Seek Ltd said on Wednesday it was in talks with a "number of parties" over whether to bring on new investors into its Chinese unit after a report indicated Alibaba was eyeing an investment.
Ant Group, the Alibaba (NYSE: BABA)-backed fintech company that owns the digital payments platform Alipay, will soon go public in one of the biggest IPOs in history. Ant was valued at $150 billion after its last funding round in 2018 and could hit a valuation of $200 billion in
Walmart Inc said it is pressing ahead with its goal to invest in TikTok as Oracle Corp takes the lead in a partnership with the Chinese video-sharing app.
Alibaba (NYSE: BABA) is reportedly poised to make a $3 billion investment in Asian ridesharing company Grab, with a portion of that figure buying part of the stake owned by Uber Technologies (NYSE: UBER).
The stock market can be a very stressful place to put your money -- especially in times of increased volatility and economic uncertainty related to the coronavirus pandemic and economic recession. But investors can sleep easier by investing in blue-chip companies that enjoy long
The stock market can be a very stressful place to put your money -- especially in times of increased volatility and economic uncertainty related to the coronavirus pandemic and economic recession. But investors can sleep easier by investing in blue-chip companies that enjoy long
Nvidia Corp's $40 billion acquisition of chip designer Arm is set to catapult it into the fray of geopolitical tensions between Beijing and Washington, analysts and lawyers say.
Nvidia Corp's $40 billion acquisition of chip designer Arm is set to catapult it into the fray of geopolitical tensions between Beijing and Washington, analysts and lawyers say.
Alibaba Group Holding Ltd is in talks to invest $3 billion into Southeast Asia's biggest ride-hailing firm Grab Holdings Inc, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-09-14/alibaba-in-talks-to-invest-3-billion-in-grab-ride-hailing-giant?sref=SCAzRb9t on Monday, citing people familiar with the matter.
Deutsche Telekom and France's OVHcloud plan to build a new cloud computing offer for European companies and public sector entities deemed of strategic importance, the two companies said on Monday.
Alibaba Group Holding Ltd is in
talks to invest $3 billion into Southeast Asia's biggest
ridehailing firm Grab Holdings Inc, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-09-14/alibaba-in-talks-to-invest-3-billion-in-grab-ride-hailing-giant?sref=SCAzRb9t
on Monday, citing people familiar with the matter.
(Reporting by Aakriti Bhalla in Bengaluru; Editing by
Ramakrishnan M.)
((Aakriti.Bhalla@thomsonreuters.com; +918061823402;))
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Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, two people familiar with the matter said.
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, two sources familiar with the matter said.
Saudi Arabia's sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, which could be the world's biggest IPO, two sources familiar with the matter said.
Saudi Arabia's sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familiar with the matter said.
The NASDAQ 100 Pre-Market Indicator is up 78.76 to 11,474.61. The total Pre-Market volume is currently 16,219,927 shares traded.The following are the most active stocks for the pre-market session: Tesla, Inc. (TSLA) is +19.1499 at $385.43, with 2,048,110 shares traded. TSLA's cu