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Stock Market & Financial Investment News

News Breaks
February 21, 2014
08:04 EDTVIPSVipshop acquires minority interest in Ovation
Vipshop announced that it has acquired a 23% equity interest in Ovation Entertainment Limited for a total consideration of approximately $55.8M pursuant to a share purchase and subscription agreement with Ovation and certain of its existing shareholders.
News For VIPS From The Last 14 Days
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June 22, 2015
06:07 EDTVIPSVipshop recent weakness a buying opportunity, says Summit Research
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June 19, 2015
08:22 EDTVIPSChina to let foreign companies fully own e-commerce businesses, Reuters reports
China's Ministry of Industry and Information Technology announced that, effective immediately, foreign companies will be allowed to have full ownership of some e-commerce businesses, reported Reuters. Players in China's booming e-commerce market include market leader Alibaba Group (BABA) as well as JD.com (JD), Amazon.com (AMZN), Vipshop (VIPS) Wal-Mart (WMT), which holds a stake in shopping site Yihaodian, the report noted. Reference Link

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