Newsfeeds - Spark Newswire

1 minute read

Alibaba’s Peer Meituan Eyes Downsizing Workforce, Restructuring Ride Hailing Business

Today, 6:59 PM

China's Meituan (OTC: MPNGY) (OTC: MPNGY) plans to restructure its ride-hailing service and reduce the number of staff working on the platform, according to CEO Wang Xing's internal letter.

BABA

1 minute read

Uber Clocks 49% Revenue Growth In Q4: CEO Sees No Signs Of Slowdown, Commits $800M For EV Transition

By Anusuya Lahiri

Today, 6:59 PM

Uber Technologies, Inc (NYSE: UBER) reported fourth-quarter FY22 revenue growth of 49% year-on-year to $8.61 billion,

DIDIY

1 minute read

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News

Uber CEO Says Will Sell Didi Stake Over Time

By Benzinga Newsdesk

Today, 6:59 PM

-CNBC Interview

DIDIY

1 minute read

Cathie Wood’s Ark Investment Starts Selling Shares Of JD.com For First Time In 6 Months

By Bibhu Pattnaik

Today, 6:59 PM

Cathie Wood's Ark Investment Management has resumed selling its shares of JD.com Inc (NASDAQ: JD) for the first time since July 2022.

ARKF

5 minute read

FTX Contagion Spreads To Hong Kong Exchange, Microsoft Outlines New Harassment Policies, Netflix Subscribers Can Terminate Freeloading Account Access: Top Stories Wednesday, Nov. 16

By Vandana Singh

Today, 6:59 PM

Benzinga

$BNB

2 minute read

Concerned Over Xi Jinping’s Return To Power, Tiger Global Pauses China Equity Investments: WSJ

By Bhavik Nair

Today, 6:59 PM

Tiger Global Management, a long-time China investor, has reportedly paused investing in China equities as the company re-examines its exposure to the country following Xi Jinping’s historic re

BABA

2 minute read

India’s Zoomcar To Go Public Via $456M SPAC Merger: What You Need To Know

By Bhavik Nair

Today, 6:59 PM

India-based car-sharing platform Zoomcar Inc. said on Thursday it would go public through a merger with blank-check company Innovative International Acquisition Corp. (NASDAQ:

DIDIY

2 minute read

Apple’s Bet On This Chinese Company Cost It $800M, But There’s A Lesson To Learn, Gene Munster Says

By Shanthi Rexaline

Today, 6:59 PM

An Apple Inc.

AAPL

1 minute read

Sigh Of Relief For Alibaba, Tencent? China’s Top Internet Regulator Seeks ‘Affectionate’ Relation With Tech Enterprises

By Bhavik Nair

Today, 6:59 PM

The Cyberspace Administration of China (CAC), the country’s cyber watchdog, intends to build an "affectionate" relationship between internet enterprises and the government, Reuters reported citing a senior official.

BABA

1 minute read

Ray Dalio’s Bridgewater Drops Alibaba, JD.com But Bulks Up On This Chinese Tech Stock

By Shanthi Rexaline

Today, 6:59 PM

Bridgewater Associates, billionaire investor Ray Dalio's hedge fund, has wiped its portfolio clean of almost all Chinese stocks.

BABA