Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:59
Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction
Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its
2023-12-01 09:26
Jack Ma Returns to Rally Troops as Alibaba’s Troubles Deepen
China’s most famous entrepreneur broke years of silence about Alibaba Group Holding Ltd. with a call to arms
2023-11-30 12:51
Alibaba’s Value Dips Below Upstart PDD’s in Landmark for China
Alibaba Group Holding Ltd. is set to lose its position as China’s most valuable e-commerce firm to eight-year-old
2023-11-30 10:53
Jack Ma Urges Alibaba to ‘Correct Course’ in Rare Internal Memo
Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the
2023-11-29 13:54
Hit App Temu Weighs Super Bowl Return as Shein Rivalry Heats Up
Temu, the bargains shopping app that in just over a year has overtaken Shein in the US, is
2023-11-29 09:58
PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein
PDD Holdings Inc. surged 18% after reporting a stronger-than-anticipated doubling in revenue, as hit shopping app Temu ramped
2023-11-29 08:24
Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China
Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear
2023-11-29 05:54
Shanghai Tech Zone Boosts Security Ahead of Reported Xi Visit
Shanghai’s high-tech zone boosted security measures ahead of an expected visit by Chinese President Xi Jinping, even as
2023-11-28 17:47
SenseTime Shares Drop 10% After Critical Grizzly Research Report
SenseTime Group Inc. shares plummeted after short-seller Grizzly Research released a critical report on the company’s core AI
2023-11-28 11:24
Brazil readies measures to help sectors hit by veto on tax benefits
SAO PAULO Brazil's Finance Minister Fernando Haddad said on Friday that the government will introduce measures to help
2023-11-24 21:15
Is the US Headed for a Recession? Look at What Richer Americans Do on Black Friday
Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has
2023-11-21 22:48