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The Chinese-owned rival to Robinhood Markets, which saw its popularity soar in the U.S. during the meme-stock mania, had previously mulled an IPO.

In a deal will shake up the NBA jersey patch market, the Nets parent, BSE Global, and WeBull, the online trading app, have agreed to a multi-year sponsorship deal which CNBC reports is worth $30...

Robinhood rival Webull raises new funds at US$1B valuation Bloomberg News, Bloomberg News VIDEO SIGN OUT Webull, the Chinese-owned brokerage that runs one of the fastest-growing retail trading platforms in the U.S., raised US$150 million in a new financing round that gives the startup more firepower to compete with Robinhood Markets. The fundraising valued Webull’s parent company at more than US$1 billion, people familiar with the matter said, asking not to be identified discussing private information. A Webull spokesperson declined to comment. The brokerage, founded by Alibaba G...

Chinese-Owned Stock Trading App Is Quietly Amassing US Users The U.S. stock market gyrations of 2020 need no introduction. From the market depths in March, the federal stimulus-funded market rebound, to the meteoric rise of Tesla and recent technology IPOs, the year of COVID-19 has seen a large influx of consumers taking up stock investing. And for these new investors, the platform of choice to trade stocks is Robinhood. While Robinhood initially popularized the commission-free stock trading model and has amassed more than 13 million users, Webull, a little-known competing app, has steadily b...