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1 min read
Cathie Wood's Ark Invest boosts its JD.com stake after earnings beat, signaling it's bullish on Chinese tech stocks again
The star stock-picker's fund bought about 165,000 American Depositary Receipts in the e-commerce gr…
Shalini Nagarajan
2 mins read
A fourth Chinese billionaire founder-CEO has stepped down as Beijing keeps up the pressure on its tech giants
E-commerce giant JD.com's founder Richard Liu is the latest to leave a tech leadership role in Chin…
Weilun Soon
2 mins read
China's e-commerce giant JD.com is reportedly laying off at least 400 workers, adding to massive layoffs seen at other major Chinese tech firms like Alibaba and Tencent
This series of layoffs comes as China's tech giants grapple with Beijing's crackdown on the sector,…
Weilun Soon
3 mins read
The Jeff Bezos of China said he'll donate $2.3 billion to charity. He's the latest tech mogul pledging away billions in China's tech donation rush.
Richard Liu's planned donation comes after similar promises from other prominent Chinese tech found…
Weilun Soon
2 mins read
Chinese e-commerce site JD.com surges 17% as the company reports record user growth in the 2nd quarter and plays down impact of tech crackdown
Some international investors seemed to be wading back into Chinese tech stocks on Tuesday, with big…
Ethan Wu
3 mins read
JD.com soars after reporting a surprise profit
The success of JD.com's June 18 anniversary sale, which is an 18-day promotional event that lasts f…
Daniel Strauss
2 mins read
JD.com shares tank after missing on revenue as China's economic growth slows
JD.com's disappointing revenue growth came as the world's second-largest economy cools down amid de…
Ethel Jiang
2 mins read
JD.com sinks after getting its most bearish target on Wall Street
Shares of JD.com, the second-largest Chinese e-commerce site after Alibaba, were under pressure ear…
Ethel Jiang
1 min read
Chinese E-Commerce Company JD.com Prices At $19 A Share
JD.com's IPO comes on the heels of disappointing earnings out of from Weibo (WB) after the close. W…
Myles Udland
1 min read
Staggering growth in furniture e-commerce propels Wayfair's earning
Finding this article interesting? Thousands of professionals just like you had it in their inbox f…
Nancee Halpin,Cooper Smith
2 mins read
Why China's faltering economy could soon become a top-of-mind concern for the US stock market
Stocks have started 2023 on a tear, with the benchmark S&P 500 up 14% year-to-date. But slowing gro…
George Glover
2 mins read
Hedge fund Vantage Point is slashing its exposure to US stocks and seeking value in China
US stocks have enjoyed strong year-to-date gains as the economy defied recession predictions. But t…
Joseph Wilkins
4 mins read
Some of Wall Street's top commentators fear a recession is at hand as rates set to go higher for longer
Insider's Phil Rosen breaks down how markets and top Wall Street commentators are feeling as outloo…
Phil Rosen
1 min read
Douyin users in China - stats and forecast (2021-2025)
China's TikTok, Douyin, is growing exponentially. Find out the forecast for this year's user time s…
Insider Intelligence
2 mins read
Hedge fund giant Tiger Global has reportedly lost 52% this year as tech losses accelerated in May
"Our team remains maximally motivated to earn back recent losses," the hedge fund wrote in an inves…
Matthew Fox
2 mins read
Cathie Wood's Ark Invest abandons Chinese tech stocks amid regulatory crackdown
Since their peak in February, Chinese tech stocks have lost more than $500 billion in market value …
Matthew Fox
2 mins read
Ark Invest's Cathie Wood has high hopes for Chinese stocks in the long run - and says her fund's analysts were blown away by Tesla's AI day
"I'm not pessimistic about China longer run because I think they're a very entrepreneurial society,…
Shalini Nagarajan
3 mins read
10 things before the opening bell
Target and Walmart have different tactics for dealing with inflation, JPMorgan predicts a 2022 stoc…
Phil Rosen
2 mins read
10 things before the opening bell
Tesla's humanoid robot, Bill Ackman's SPARC, and Coinbase's new crypto investment.
Phil Rosen
2 mins read
10 things you need to know before the opening bell
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