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MoMo expands cross-border QR payments to more than 60 countries
vnexpress·13 hours ago
- MoMo has expanded its cross-border QR payment network to over 60 countries through partnerships with Napas, Alipay, WeChat, PayPay, and PromptPay. - The service enables users to scan QR codes at more than 100 million acceptance points without incurring foreign currency transaction fees. - The platform also integrated travel services, including eSIM coverage in over 200 countries and flight bookings with 56 international airlines.
MOMO+0.70%TCTZF-2.96%
MEITUAN-W Kicks off 2027 Campus Recruitment Incl. HK, Adds 10+ AI-Native Positions
AASTOCKS News·16 hours ago
- MEITUAN-W launched its 2027 campus recruitment program globally for fresh graduates. - The company offers over 100 positions across 10 categories spanning dozens of cities worldwide. - MEITUAN-W added over 10 AI-native positions, with more than 80% of roles requiring AI capabilities.
MPNGY-2.03%03690-2.40%
KE Holdings Details Ongoing Share Repurchase Activity in August 2026 SEC Filing
Tip Ranks·1 day ago, 04:51 PM
BEKE+0.12%02423-0.54%
Pre-market hot trades in US stocks: Duan Yongping increases holdings, Hillhouse adjusts positions, PDD rises 3% in pre-market
Price Alert·1 day ago, 08:02 AM
- Pinduoduo rose 3.02 % in pre - market trading, driven by investor confidence following a 26.71 % stake increase by Duan Yongping and position adjustments by HHLR Advisors. - TruGolf surged 62.04 % in pre - market trading, propelled by a new technology patent, a strategic partnership with a large sports retailer, and upward revisions of profit expectations by analysts. - Market activity also featured significant pre - market movements in stocks like IP Strategy and INVO Fertility amid heightened sector volatility.
PDD+0.38%
04:30 ETTemu partners with Danish Startup Group to support the Danish startup ecosystem
prnewswire·15 hours ago
- Temu partnered with the non-profit Danish Startup Group to support local founders and strengthen the Danish startup ecosystem. - Under this collaboration, Temu will participate in DSG programs and events, engaging directly with entrepreneurs and the broader founder network. - This initiative builds on Temu's ongoing expansion in Denmark following its 2023 launch and the introduction of its local seller program.
PDD+0.38%KPDD+0.78%
China's JD.Com, Meituan, Alibaba Speed Discount Supermarket Expansion
Yicai·1 day ago, 02:24 AM
- JD.Com, Meituan, and Alibaba are rapidly expanding their discount supermarkets across China to capture high-frequency fresh food demand and reduce supply chain costs. - The three e-commerce giants are heavily utilizing private brands, which account for a significant portion of offerings to achieve high cost-performance ratios and profit margins. - This expansion occurs as domestic supermarkets undergo structural adjustments, with over half of surveyed operators reporting a profit decline in the first half of the year.
JD+1.12%MPNGY-2.03%
Netease Inc (9999) Receives a Buy from CLSA
Tip Ranks·Aug 14 at 07:26 PM
- CLSA maintained a Buy rating on Netease Inc with a price target of HK$234.00. - The broader analyst consensus on the stock stands at a Strong Buy. - The average price target for Netease Inc is set at HK$245.48.
NTES+0.28%09999-0.21%
'Worrisome': AI is driving a looming market correction, central bank economists warn
CNBC·12 hours ago
Trip.com Group Ltd. (9961) Receives a Buy from Citic Securities
Tip Ranks·Aug 14 at 07:25 PM
TCOM-0.67%09961-1.41%
CLSA: NTES Game Business Remains Solid, 2Q Revenue Seen Up 6.5%
AASTOCKS News·Aug 14 at 01:56 AM
- CLSA forecasted NTES's 2Q total revenue and adjusted EBIT to grow by 6.5% YoY and 17.4% YoY to RMB 29.7 billion and RMB 11.7 billion respectively. - Strong performances from titles like Fantasy Westward Journey and Eggy Party are expected to drive a 7.7% YoY increase in game revenue. - NTES holds 18 approved games in its pipeline, which, along with an easier comparison base, supports improved growth in 2H26.
NTES+0.28%09999-0.21%
Shein is said to consider Aug 28 for Hong Kong trading debut
Businesstimes News·Aug 13 at 12:02 AM
- Fast fashion retailer Shein plans to launch its Hong Kong IPO to raise US$ 2 billion to US$ 3 billion, with investor orders starting around Aug 20 and trading debuting around Aug 28. - The company is targeting a valuation of about US$ 30 billion, down significantly from its peak of US$ 100 billion amid slowing growth, US tariffs, and competition from Temu. - Existing shareholders may take up to half of the deal, while deliberations regarding the final size, valuation, and timing remain ongoing.
PDD+0.38%PDDL+0.78%
Fed to hold interest rates this year, economists say, sticking to their view: Reuters poll
MSN·1 day ago, 06:12 AM
Travel Stocks To Watch Today - August 17th
Market Beat·1 day ago, 03:01 PM
TRV+0.94%UCL-27.94%
Warsh Rate-Hike Trade Collapses, Trump's Tariffs Create Trade Fraud Incentive and More: This Week in Economy
benzinga_article·2 days ago, 05:01 AM
JD.com Beat Expectations, Investors Still Sold The Stock
benzinga_article·13 hours ago
- JD.com reported its first quarterly revenue decline of 2.9% year-on-year to 346.4 billion yuan ($51.1 billion) since its 2014 Nasdaq listing, alongside a 20.8% rise in adjusted net profit to 8.9 billion yuan in the second quarter. - The revenue drop triggered a 9% stock selloff as investors worried that weaker retail sales, declining electronics revenue, and fierce competition in China's e-commerce market left the company without a clear second growth engine. - Although losses in new businesses like food delivery narrowed and international expansion into Europe progressed, JD.com faces ongoing challenges from heavy domestic competition, regulatory hurdles overseas, and the need for a sustainable long-term growth strategy.
JD+1.12%KJD+1.97%