Indonesia’s Gojek, Tokopedia Announce Merger To Create A Powerhouse
Indonesia ride-hailing and payments firm, Gojek announced its merger with e-commerce player Tokopedia, to form the GoTo Group,…
Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know
Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co (NYSE: DIS), marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021.
Sogou Misses On Q1 Revenue Due To Tencent’s Proposed Acquisition, Lower Traffic Activity
Sogou Inc (NYSE: SOGO) reported a first-quarter FY21 revenue decline of 47% year-on-year to $137.2 million, missing the analyst consensus of $256.5…
Court Filings Show Defense Department Removes Xiaomi From Blacklist
The U.S Department of Defense has agreed to remove the Chinese smartphone company Xiaomi Corp’s (OTC: XIACF) blacklisting, bringing an end…
Cathie Wood Portfolio Company Meituan Drops 15% In Two Sessions In Sight Of Regulatory Action
Hong Kong-listed shares of Chinese food delivery giant Meituan (OTC: MPNGY) plunged for a second straight session on Tuesday, down about 15% cumulatively.
Cathie Wood Loaded Up Further On Skillz On Earnings Day
Cathie Wood-led Ark Investment Management snapped up over 3 million shares, worth about $52.1 million, in Skillz Inc (NYSE: SKLZ) ahead of the mobile gaming company’s first-quarter financial earnings on Tuesday.
Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz
Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc (NASDAQ: PDD) and JD.com Inc (NASDAQ: JD) — rivals to Alibaba Group Holding (NYSE:
Why Cathie Wood Bought $72.4M In Twitter As Stock Tanked Post Earnings-Report
Cathie Wood-led Ark Investment Management bought over 1.3 million shares, worth about $72.42 million, in Twitter Inc (NYSE: TWTR) on Friday as the stock slumped after the social media company reported lower-than-expected user growth in the first quarter.
Not Just Facebook, Alibaba Too Is Concerned Over Apple New Privacy Rules’ Impact On Business
Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) is worried about how Apple Inc.’s (NASDAQ: AAPL) new privacy rule changes will impact its business, according to a