Investors are beginning to value the e-commerce giant and Tencent, its rival, on par with Facebook and Amazon as their sway in China grows.

Topics:  tencent   facebook   amazon   china   
BING NEWS:
  • What's Going On With Alibaba Shares After Launching Logistics Solutions For US SMEs?
    Alibaba shares dip as it launches Logistics Marketplace for US SMEs, aiming to streamline supply chains and offer tailored solutions.
    04/17/2024 - 5:05 am | View Link
  • BofA profit drops as provisions rise, but beats estimates on investment banking surge
    Bank of America reported a drop in first-quarter profit as the lender set aside more money to cover souring loans, but still beat estimates on surging investment banking fees. A resilient U.S. economy ...
    04/16/2024 - 2:22 am | View Link
  • China’s internet giants snap up their own shares to boost flagging stock market value
    Alibaba Group (BABA) announced Tuesday that it had bought back $12.5 billion of shares from the US and Hong Kong markets, representing 5.1% of its outstanding shares, in the fiscal year ended ...
    04/2/2024 - 9:58 pm | View Link
  • Alibaba Ramps Up Share Buybacks
    Alibaba repurchased 524 million ordinary shares in both the U.S. and Hong Kong markets in the quarter, it said late Tuesday. The outlay is second only to the $5.1 billion it spent on shares in the ...
    04/2/2024 - 7:57 pm | View Link
  • Huawei Profit Surges as It Takes Share From Apple and Alibaba
    (Bloomberg) -- Huawei Technologies Co. sustained its run of strong quarterly profit growth ... The results underscore how Huawei, the target of US sanctions and export controls for years, has ...
    03/28/2024 - 1:00 pm | View Link
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