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Growing middle-class income could mean increased spending on consumer products and services in emerging markets.
Alibaba Group Holding Limited
The Coca-Cola Company
New Oriental Education & Technology Group Inc.
Vipshop Holdings Limited
Huazhu Group Limited
Tata Motors Limited
Grupo Televisa, S.A.B.
Companhia Brasileira de Distribuição
LG Display Co., Ltd.
GOL Linhas Aéreas Inteligentes S.A.
Jumei International Holding Limited
Tupperware Brands Corporation
Fang Holdings Limited
Thank you for standing by for Ruhnn Holding Limited's Earnings Conference Call for the Fourth Quarter and Full Fiscal Year 2020. The Company's financial and operating results were issued in a press release earlier today and are available online. You can download the earnings press release and sign up for the Company's email distribution list by visiting the IR section of the Company's website at ir.ruhnn.com.
China's second- and third-largest e-commerce marketplaces just partnered with one of its largest electronics and appliance retailers.
The U.S.-China trade war, the COVID-19 pandemic, and the unrest across America have likely caused significant worry for many retirees who rely on their investment portfolios for stable income. Today, we'll examine three top Dividend Aristocrats that can still offer retirees stability through this volatile time period for the market: Procter & Gamble (NYSE: PG), Kimberly-Clark (NYSE: KMB), and Coca-Cola (NYSE: KO).
Alibaba (BABA) focuses on helping U.S. SMBs to go online in order to counter the impacts of the coronavirus pandemic.
JD.com (JD) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
The Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) has joined forces with local partners from across Africa to identify and mobilise innovative, resilient, and mission-driven African entrepreneurs, as well as support them throughout the application and selection process of the second edition of the Africa’s Business Heroes prize competition (ABH).
The deal comes just weeks after Facebook's $5.7bn investment in India's Jio. The advance of US Big Tech in south-east Asia and India is a recurring theme for us at Tech Scroll Asia, as companies from Facebook to Google and Amazon compete for influence with Chinese rivals Alibaba and Tencent.
As of 3 p.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by about a quarter of a percent, and the Nasdaq 100 Index of top Nasdaq stocks saw slightly smaller gains. NetEase (NASDAQ: NTES) and Align Technology (NASDAQ: ALGN) were two of the most noteworthy Nasdaq stocks on Tuesday. Shares of NetEase climbed 4%, rising to another all-time record high.
Apple (NASDAQ: AAPL) isn't taking any chances when it comes to its ongoing recovery in China, its second-largest market. The company has taken the unusual step of offering steep discounts on its current iPhone models in the Middle Kingdom ahead of a major online shopping event -- the 6.18 Festival. Each of the latest flagship iPhone models, including the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max, have all been discounted by about 15% on Apple's official store on the Alibaba Group's (NYSE: BABA) Tmall e-commerce platform.
Mexican broadcaster giant, Televisa, deploys MVNO offerings in a bid to promote healthy competition in the Mexican telco market, which has long been dominated by Latin tech giant, America Movil (AMX).
The Coca-Cola Company today announced that Executive Vice President and Chief Financial Officer John Murphy will speak June 10 at 11 a.m. ET during the Deutsche Bank Global Consumer Conference.
India's top trending free app on Google's mobile app store, with more than 5 million downloads since late May, is called "Remove China Apps" and does exactly what it says on the label. Its popularity comes amid calls for a boycott of Chinese mobile apps in India as a Himalayan border dispute fuels a backlash against products from China. Popular Indian yoga guru Baba Ramdev posted a video on Twitter on Sunday showing the step-by-step deletion of several Chinese apps, a move he described as a "national service".
U.S. small businesses "Go Digital, Go Global" with three new Alibaba.com offerings that make it even easier to do business.
Hong Kong’s legislature approved a contentious bill Thursday that makes it illegal to insult the Chinese national anthem.
Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced (i) its unaudited financial results for the first quarter ended March 31, 2020, and (ii) a change in board of directors (the "Board").
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider in China, today announced that it plans to release its financial results for the first quarter ended March 31, 2020 after the close of U.S. markets on Wednesday, June 10, 2020.
Citigroup is looking to ramp up its commercial banking operations across Europe, Middle East and Africa, plugging gaps left by rivals facing fallout from a coronavirus-induced recession. The U.S. bank plans to expand its business lending division catering to companies with annual turnover between $25 million and $2.5 billion with a slew of new hires and office launches in several Western European countries by the end of 2020. Competitors, including HSBC and Standard Chartered , have made similar bids to win business from small and mid-sized European companies in the past few years, hoping to increase revenues in a market traditionally dominated by local banks.
Nio surged into a buy zone as Goldman Sachs touted its improving cash and liquidity, with solid sales and "robust quality" sealing the Tesla rival's emerging brand status.
After a few months of slim pickings, the U.S. initial public offering market is expected to reopen with a bang this week with the biggest deal of the year pricing early Wednesday.
Global growth in e-commerce was already well underway before coronavirus pandemic created an even bigger tailwind for this megatrend. Alibaba Group Holding (BABA) is plotting 30% revenue growth this fiscal year and another 25% growth next year — figures that top the admittedly impressive growth of Amazon. Furthermore, while Western nations continue to wring their hands over the influence of Big Tech, with President Trump and the European Union finding a rare issue of agreement as they take aim at Amazon, Alibaba remains quite cozy with the Chinese government and carries much lower political risk.