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Stock Market & Financial Investment News

News Breaks
March 26, 2014
08:07 EDTYOKU, TCEHYTencent rumored to take 20% stake in Youku Tudou, Marbridge Daily says
Tencent (TCEHY) has reportedly reached a tentative agreement to take a 20% stake in Youku Tudou (YOKU), Marbridge Daily reports, citing a source close to Youku Tudou. The deal is said to be worth at least $300M in cash. The companies could announce the partnership later this month. Reference Link
News For TCEHY;YOKU From The Last 14 Days
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May 6, 2015
06:21 EDTTCEHYFacebook could be potential buyer of Nokia Here service, TechCrunch reports
Facebook (FB) quietly signed a deal with Nokia (NOK) under which Nokia's Here mapping service will power maps on Facebook's mobile web version, TechCrunch reports. Facebook is additionally running a test for Here to power location in Instagram and Messenger, the publication says. Sources say Facebook is a potential buyer of Nokia's Here unit, which has an estimated value of $2B; other potential buyers for Nokia Here may include Apple (AAPL), Samsung (SSNLF), Baidu (BIDU), Alibaba (BABA), Tencent (TCEHY), Yahoo (YHOO) and a car consortium, the sources say. Reference Link
May 4, 2015
15:54 EDTTCEHYFacebook tests Nokia 'HERE' map service, TechCrunch says
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April 30, 2015
08:51 EDTTCEHYGlu Mobile investment by Tencent has strategic potential, says Cowen
Cowen said Glu Mobile (GLUU) reported "impressive" Q1 results and also noted its key partnership with Tencent and announcement that Britney spears will be joining its list of celebrity game personalities. The firm believes the Tencent (TCEHY) deal has strategic potential and highlights Glu's undervaluation. Cowen reiterated its Outperform rating and $10 price target on Glu Mobile shares, which are up 27% to $6.84 in pre-market trading.
April 29, 2015
16:22 EDTTCEHYGlu Mobile up 17% after reporting Q1 results, deal with Tencent
16:18 EDTTCEHYTencent to purchase 21M shares of Glu Mobile stock for $6.00 per share
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08:36 EDTYOKUYouku Tudou and DJI partner for online aerial videography platform
Youku Tudou and DJI formed a partnership to leverage Youku Tudou's online video platform and DJI's line of aerial videography products by building China's first online platform centered on aerial video content, e-tailing, and the aerial video community. Youku Tudou will become the release platform for the quality aerial videos created by DJI products in Mainland China. Youku Tudou will also offer the whole line of DJI products for purchase through Youku Tudou's e-tailing platform.
April 24, 2015
12:33 EDTTCEHYThree tech giants likely to enter mobile medical sector, WantChinaTimes says
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April 23, 2015
15:38 EDTTCEHYEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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