Previous close | 45.40 |
Open | 45.50 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 190.00 |
Expiry date | 2025-06-20 |
Day's range | 45.30 - 45.50 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Brazilian retailer Magazine Luiza has struck a deal with Chinese e-commerce platform AliExpress to allow the two companies to sell products on each other's platforms, it said on Monday, sending its shares soaring. AliExpress will sell products from Choice, its premium service, on Magazine Luiza's marketplace, while Magalu - as the retailer is also known - will sell products from its own stocks on the Chinese firm's platform in Brazil. Shares of Magazine Luiza rose more than 13% on the news, while Brazil's Bovespa stock index gained 1%.
Budget shopping app provider Temu, owned by Pinduoduo parent PDD Holdings, may face regulatory hurdles if it enters the Indonesian market, local officials have warned. The platform's business model of selling from manufacturers directly to consumers is in conflict with domestic regulations that require "an intermediary" or "a distributor", Isy Karim, the director general of the domestic trade department in the country's trade ministry, said last week, according to CNN Indonesia. Karim said the g
Key Insights Given the large stake in the stock by institutions, PDD Holdings' stock price might be vulnerable to their...