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Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: sources

Exclusive: China set to clear Tencents $3.5 billion Sogou deal subject to data security conditions: sources 4 Min Read (Reuters) - China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. FILE PHOTO: A Tencent logo is seen at its booth at the...
Pei Li Sumeet Chatterjee Julie Zhu Kenneth Maxwell Ant Group Thomson Reuters Trust Principles

China set to clear Tencent's $3.5 bn deal to acquire search engine Sogou

By Pei Li and Julie Zhu (Reuters) - Chinas antitrust regulator is ready to clear tech giant Tencent Holdings Ltds plan to take the countrys no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. The regulator, State Administration of Market Regulation (SAMR), has no objection to the $3.5 billion deal for the 60% of U.S.-listed Sogou that Tencent do...
Pei Li Sumeet Chatterjee Julie Zhu Kenneth Maxwell Ant Group Administration Of Market Regulation

Exclusive-China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions -sources

4 Min Read (Reuters) -China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. FILE PHOTO: A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Ti...
Pei Li Sumeet Chatterjee Julie Zhu Kenneth Maxwell Ant Group Thomson Reuters Trust Principles

China set to clear Tencent's $3.5 bln Sogou deal subject to data security conditions -sources

* Approval pending data security, private info protection remedies -sources * Huya-Douyu merger, subject to similar remedies, to be approved soon -sources April 9 (Reuters) - Chinas antitrust regulator is ready to clear tech giant Tencent Holdings Ltds plan to take the countrys no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny. The regulator, Stat...
Pei Li Sumeet Chatterjee Julie Zhu Kenneth Maxwell Ant Group Administration Of Market Regulation

3 Chinese Stocks Are Down Big. Is It Time to Buy?

Apr 8, 2021 at 12:50PM In todays video, I look at why Chinese stocks are down big. The main culprit for the sell-off today was  Prosus (OTC:PROSY), with its intention of selling some of its position of  Tencent (OTC:TCEHY). Prosus is currently the biggest shareholder of Tencent, and the sell-off triggered a red flag for investors. Since there have been no fundamental changes to Chinese stocks, this event might be giving investors a chance to enter the Chinese market at...
Stocks Down Stock Prices ஸ்டாக்ஸ் கீழ் ஸ்டாக் ப்ரைஸஸ்
Source: fool.com

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DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021

DouYu International Holdings Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021 News provided by Share this article Share this article WUHAN, China, March 11, 2021 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for the fourth quarter and full...
United States Hong Kong Edmond Lococo Xinran Rao Company Nasdaq Douyu International Holdings Limited Nasdaq

Tech Stocks: 7 Cheap Tech Stocks to Hop On Now

Source: Shutterstock Depending on your age, you either remember this device because you saw it as a youngster at the dawn of the mobile age, or you remember using one of the pioneers in smartphones. This Canada-based company stormed into the market as mobile technology was rewriting the world. There were mobile phones that sold more, but few had the network security and reliability that this Canada-based phone maker provided. Its phones were supported by its network, and it was so secure that i...
United States India Palm Refined Oil Douyu International Gluu Mobile Dow Jones Industrial Average Tech Stocks

(SUBZ), Comcast Corporation (NASDAQ:CMCSA) - Exclusive Interview: New Pure Play Streaming ETF Offers Exposure To Cord-Cutting, Global Stocks

The two largest Chinese esports streaming companies are featured in the fund:  DouYu International (NASDAQ: DOYU) and HUYA Inc (NYSE: HUYA). Even with the 50% U.S. weighting, Stefanidis told Benzinga that several of the names offer multinational exposure. “Disney has STAR, one of the largest streaming services in India.” One name people may not be familiar with in the ETF is J-Stream Inc, which trades in Japan, he said.  “J Stream was the first company in Japan to offer streaming servi...
South Korea Mario Stefanidis Roundhill Bitkraft Esports Roundhill Streaming Services Technology Tencent Music Entertainment Group Peloton Interactive Inc

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