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Stock Market & Financial Investment News

News Breaks
March 18, 2014
08:09 EDTTCEHY, EDUNew Oriental Education, Tencent rumored to plan venture, Marbridge Daily says
Tencent (TCEHY) plans to establish an online education joint-venture in partnership with New Oriental Education (EDU), according to Sina Tech, citing sources within Tencent, said Marbridge Daily. Reference Link
News For EDU;TCEHY From The Last 14 Days
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November 24, 2015
05:48 EDTTCEHYAlibaba shopping stake in Meituan-Dianping, WSJ reports
Alibaba (BABA) is in talks to sell a stake in Meituan-Dianping, an online booking and discounts platform in China, as part of a plan to focus on an alternative platform of its own, The Wall Street Journal reports. According to sources, Alibaba is shopping its roughly 7% stake in the company, worth about $1B, in a move to focus on the Koubei platform that it launched last June with its financial affiliate. Rival Chinese Internet company Tencent (TCEHY) is said to be planning a $1B investment in Meituan-Dianping, the publication also notes. Reference Link
05:43 EDTTCEHYApple to launch Apple Pay in China by February, WSJ reports
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November 17, 2015
08:03 EDTTCEHYWestern Union offers new global money transfer service on WeChat
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