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Alibaba Group Announces Earnings for Quarter  Ended December 31st 2019

Alibaba Group Announces Earnings for Quarter Ended December 31st 2019

Alibaba Group Holding Limited (NYSE: BABA) Reports Financial Results for Quarter Ended December 31st, 2019.  Revenue amounted to 23.192 Billion, a 38% increase year over year.  Annual active consumers in the Chinese retail marketplace..

Huawei and AT&T Deal to End

Huawei and AT&T Deal to End

Chinese phone maker Huawei Technologies Co. Ltd. is expected to cut ties with AT&T Inc.(NYSE: T) following national security concerns and harder line on policies on issues ranging from Beijing’s role in restricting North Korea to Chinese e..

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com International Ltd. (NASDAQ: CTRP), a Chinese travel service agency, released its second quarter for the fiscal year.The company reported that net revenue of RMB6.4 billion, up 45 percent from RMB4.54 billion year over year. The company rep..

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..