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Tencent Joins Alibaba in Spending Spree as Competition

Tencent Joins Alibaba in Spending Spree as Competition
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

Hong kongMichael norrisMartin lauTiffany tamAlibaba group holding ltdBytedance ltdJack ma ant group coAlibaba group holdingAnt groupChinese president xi jinpingVey sern lingPeacekeeper eliteMoonlight bladeOne pieceஹாங் காங்மைக்கேல் நோரிஸ்

ByteDance Founder Steps Down as CEO Ahead of Mega IPO

ByteDance Founder Steps Down as CEO Ahead of Mega IPO
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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JD com beats market expectations as COVID-19 boom persists

TechnologyJD.com beats market expectations as COVID-19 boom persists Reuters 3 minute read China s JD.com Inc s first-quarter revenue beat Wall Street estimates on Wednesday, as growth remained robust in the domestic e-commerce sector following the COVID-19 pandemic. The Beijing-based company has joined rivals Pinduoduo (PDD.O) and Alibaba Group in racking up double-digit sales growth during the pandemic, as people flocked to e-commerce websites to shop for everything from groceries to luxury goods. Net revenue at JD.com, China s largest e-commerce company by revenue, rose 39% to 203.2 billion yuan ($31.57 billion) in the quarter ended March 31, topping analysts average estimate of 191.83 billion yuan, according to IBES data from Refinitiv.

United statesHong kongJohn lobbAlibaba group holding ltdThomson reuters trust principlesAli baba groupWall streetShanghai stockThomson reuters trustஒன்றுபட்டது மாநிலங்களில்ஹாங் காங்ஜான் லாப்அலிபாபா குழு வைத்திருத்தல் லிமிடெட்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்அலி பாபா குழுசுவர் தெரு

Tencent joins Alibaba in spending spree as competition heats up

$ASS Coin billionaire: Tales from the fringe of the crypto craze Techs lead U.S. equity rebound after jobs report Shark Tank judge s SPAC in talks to merge with insurer DIY trading platforms should warn against risks of impulse trading : OSC CEO U.S. stocks mixed, yields rise on Fed minutes U.S. Fed will leave the punch bowl out for investors to get tipsy : Invesco strategist Stan Wong s Top Picks: May 19, 2021 Cathie Wood buys more Tesla amid Musk Bitcoin spat, Burry shorts Squarespace shares given US$50 reference price for NYSE debut Bitcoin whipsaws investors with same-day plunge, rally of 30%

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Naspers, Prosus shares rise 3% after Tencent gains 25% in quarterly revenue

Tencent will increase investments this year, after "posting a 25% gain in quarterly revenue," to sustain the boom in cloud and gaming.

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