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Should You Sell Baidu's Stock After Its Recent Rebound? - Vimarsana News

Should You Sell Baidu's Stock After Its Recent Rebound?

Baidu's (NASDAQ:BIDU) stock recently hit a two-year high after a series of positive developments. First, the company's third-quarter report in November suggested its core advertising business was stabilizing, which sparked several upgrades from analysts. Chinese regulators then drafted new antitrust rules that seemingly affected Tencent (OTC:TCEHY) more than Baidu. Baidu also boosted its existing buyback plan from $3 billion to $4.5 billion this month, and a recent Reuters report suggested it might start producing its own electric vehicles to complement its driverless efforts. Those headline...

Source: fool.com
In The Time of Coronavirus, WeChat Pay Helps Digitalise European Retailers - Vimarsana News

In The Time of Coronavirus, WeChat Pay Helps Digitalise European Retailers

In The Time of Coronavirus, WeChat Pay Helps Digitalise European Retailers News provided by Share this article Share this article London, Dec. 14, 2020 /PRNewswire/ -- As European merchants shift gear to online in the time of Coronavirus, China's all-in-one app WeChat saw strong year-on-year growths in Mini Program transactions from the EMEA region, showing a growing trend of Chinese consumers making global purchases before they could make global trips. In the time of Coronavirus, WeChat Pay Helps Digitalise European Retailers WeChat, the popular Chinese app with more than 1.2 billion users,...