Chinese e-commerce player JD.com Inc (NASDAQ: JD) is pumping in money in its gaming business to ensure it becomes the go-to place for young customers to shop all gaming-related goods, CNBC
JD.com Inc. (NASDAQ: CODX) shares fell Monday as many Chinese companies trade lower following reports the U.S.-China relationship is in a “stalemate” after a meeting between officials from the two countries.
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Chinese regulators have started to tighten the leash on high-flying Chinese tech stalwarts such as Tencent Holdings Limited (OTC: TCEHY), Alibaba Group Holding Limited (NYSE: BABA), Baidu, Inc.
Cathie Wood-led Ark Investment Management on Thursday snapped up 32,807 shares, estimated to be worth about $11.85 million, in Zoom Video Communications Inc (NASDAQ: ZM).
Shares of the video calling company closed 2.39% higher at $361.39 on Thursday.