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Stock Market & Financial Investment News

News Breaks
April 9, 2014
06:47 EDTDANG, TCEHYChinese most prolific users of ecommerce, China Daily reports
Chinese consumers are the most prolific online shoppers in the world, with one in seven making a purchase from the Internet every day and more than 60% buying at least one product online every week, a PricewaterhouseCoopers survey found, according to China Daily. Chinese ecommerce companies include Dangdang (DANG) and Tencent (TCEHY). Reference Link
News For DANG;TCEHY From The Last 14 Days
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February 20, 2015
07:56 EDTTCEHYTencent invests in South African mobile startup, TechCrunch says
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February 17, 2015
10:14 EDTTCEHYAlibaba February calls active
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09:53 EDTTCEHYRumor: Alibaba, Tencent rumored as candidates for merger
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09:32 EDTTCEHYAlibaba, Tencent taxi hailing apps confirm merger, TechCrunch says
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February 13, 2015
06:40 EDTTCEHYAlibaba, Tencent may merge taxi hailing apps, WSJ says
Alibaba's (BABA) taxi hailing smartphone app Kuaidi Dache and Tencent's (TCEHY) app Didi Dache are in talks to merge, reports the Wall Street Journal, citing research firm Analysys International. The internet giants have paired the taxi apps to their respective payment systems, but a merger of the apps would likely negatively impact Tencent as riders may opt to use Alibaba's more popular payment system. Reference Link

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