-
A Look At What Asia's Largest Internet Company Owns
Monday, August 29, 2016 - 9:33am | 445Alibaba Group Holding Ltd (NYSE: BABA) was recently dethroned as being labeled China's most valued e-commerce company, despite its stock gaining more than 35 percent over the past year. The company that pushed its way to the number one spot is Tencent, an investment holding company with a focus on...
-
21Vianet Group Spikes Amid $296 Million Investment
Monday, December 1, 2014 - 10:18am | 20321Vianet Group Inc (NASDAQ: VNET) spiked almost 8 percent in the premarket following news of a $296 million investment from Kingsoft, Xiaomi and Temasek According to the company’s press release, “affiliates of Kingsoft Corporation Limited, a leading internet based software developer...