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Alibaba (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU) – Is More Trouble Brewing For Alibaba, Its Tech Counterparts? Beijing Reportedly Considers Data Tax

After final weekend’s regulatory motion on Chinese language tech behemoths, extra bother seems to be brewing on their horizon. What Occurred: As Chinese language President Xi Jinping furthers his “widespread prosperity” agenda that seeks equitable sharing of wealth, it has… Continue Reading

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(ATSPT), Expedia, Inc. (NASDAQ:EXPE) – Artificial Intelligence Company SoundHound Announces SPAC Merger: What Investors Should Know

A number one synthetic intelligence firm introduced a SPAC merger to go public. The SPAC Deal: SoundHound introduced a SPAC merger with Archimedes Tech SPAC Companions Co (NASDAQ: ATSPT) valuing the corporate at a pro-forma enterprise worth of $2.1 billion.… Continue Reading

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Alibaba (NYSE:BABA), TENCENT HOLDINGS ADR (TCEHY) – Alibaba’s Institutional Messaging App DingTalk Ups The Ante As The Ecommerce Giant Plays Catchup To Tencent’s WeChat

Alibaba Group Holding Restricted (NYSE: BABA) and Tencent Holdings Restricted (OTC: TCEHY) are two huge behemoths amongst Chinese language tech companies. The ecommerce large is upping the ante in one in every of its companies that overlaps with Tencent’s. What… Continue Reading

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TENCENT HOLDINGS ADR (TCEHY) – How Analysts View Tencent Ahead Of Earnings?

Jefferies maintains its purchase ranking on Tencent Holdings Ltd (OTC: TCEHY) and expects a 16% income progress in Q3, Bloomberg reviews. Tencent will seemingly report earnings on November 10. Tencent was a important sufferer of China’s tech crackdown, with its shares down practically 40% from… Continue Reading

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Amazon.com, Inc. (NASDAQ:AMZN), Alibaba (NYSE:BABA) – Amazon Founder Jeff Bezos Invests In Indonesian Ecommerce Company: What Investors Should Know

One of many richest individuals on this planet gained his wealth by creating a number one ecommerce firm. He can also be among the many traders in an Indonesian ecommerce firm, however is doing so on his personal and never along… Continue Reading