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Stock Market & Financial Investment News

News Breaks
June 9, 2014
11:09 EDTSOHU, TCEHYSohu unit launches search for Tencent's WeChat, Marbridge Daily says
Sohu's (SOHU) online search unit Sogou launched a "WeChat Search" for Tencent's (TCEHY) messaging app and said it is preparing to provide search services for all Tencent products moving forward, according to Marbridge Daily, citing DoNews. Reference Link
News For SOHU;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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