Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
Tag: e-commerce
Why Alibaba Stock Is an Exception to Goldman’s US Market Preference
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
This Billionaire Is Now Even Richer Than Jeff Bezos
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Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
BigCommerce inks crypto payments deals with BitPay, CoinPayments
BigCommerce, a Nasdaq-listed e-commerce software company, has linked up with two crypto-focused payment firms. BitPay and CoinPayments will “deliver cryptocurrency payment solutions to BigCommer...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...
Chinese E-Commerce Companies Suffer as Economy Sours
Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...
CVS Is in Advanced Talks to Buy Signify Health for Around $8 Billion
CVS Health is in advanced talks to acquire the home-healthcare company Signify Health for around $8 billion, according to people familiar with the matter. CVS appears to have beat out other heavy hitt...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
Gatik Notches Yet Another Major Customer In Pitney Bowes, With Latest Automated Trucking Deployment In Dallas
Gatik’s autonomous class 6 fleet will establish a continuous, operational loop across the Pitney … [+] Bowes e-commerce logistics network in Dallas, making multiple deliveries per day. Gatik Gat...
Opinion: U.S.-China relations just got a whole lot better, boosting the prospects of these three stocks
If you are laser-focused on inflation and the Federal Reserve’s policy, you might have missed a key breakthrough in U.S.-China relations that will boost U.S.-listed China stocks over the next six mont...
Alibaba, Nio stocks rally along with other Chinese names as SEC reaches audit deal with China
U.S-listed shares of Alibaba Group Holding Ltd. and Nio Inc. were among Chinese names trading higher in morning action Friday after the Securities and Exchange Commission announced that it has struck ...
Alibaba, JD.com Rising on Report of Resolution to SEC Delisting Issue
Text size Alibaba stock rose more than 8% following the report. AFP/Getty Images Stock in Alibaba Group and Tencent Holdings took off on Thursday after The Wall Street Journal reported that security r...
Maximizing Profits With New Digital Direct-To-Consumer Formats
PARIS, FRANCE – JANUARY 08: General view of displayed colored LV Trainer sneakers, during the … [+] opening of the ephemeral pop up store “Résidence Ephémère” Louis Vuitton X V...
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health services provider, according to people familiar wit...
China’s Internet Giants Face New Era Of Tough Oversight And Low Growth
Tencent cofounder Pony Ma (Photo by Xaume Olleros/Bloomberg) © 2016 Bloomberg Finance LP Alibaba and Tencent, the twin pillars of China’s once-booming internet sector, have long had reputations for ey...
Alibaba, JD.com, and Bilibili Fall on Report Tencent to Sell Meituan Stake
Text size Tencent holds a 17% stake in food delivery company Meituan. GREG BAKER/AFP via Getty Images Alibaba, JD.com and some of China’s biggest companies saw billions wiped off their value Tuesday...
The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.
Text size Bridgewater Associates no longer owned stock in Alibaba Group Holding as of June 30, according to a regulatory filing. Alibaba’s headquarters in Hangzhou, China, is pictured above. STR...
Berkshire Hathaway boosts Apple, Amazon stakes
Warren Buffett’s Berkshire Hathaway Inc. BRK.A, +0.55% BRK.B, +0.42% added to its positions of Amazon.com Inc. AMZN, -0.26% and Apple Inc. AAPL, +0.63% over the past quarter, according to a filing wit...
The SoftBank Experiment Has Failed. Time to Go Private?
Softbank CEO Masayoshi Son on $24 billion of new losses: “I am quite embarrassed and remorseful.” Str/Jiji Press/AFP/Getty Images Text size The stock market can be a humbling place—just ask Masayoshi ...
Bitcoin and Lightning Network for e-commerce- The Cryptonomist
OpenNode in partnership with Launch Cart have launched a new Bitcoin payment service on Lightning Network dedicated to e-commerce businesses. Bitcoin and Lightning Network for e-commerce: the new ser...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...