|Bid||225.000 x 0|
|Ask||225.200 x 0|
|Day's Range||220.000 - 229.800|
|52 Week Range||183.200 - 460.000|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar. 24, 2022 - Mar. 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||314.63|
(Bloomberg) -- ByteDance Ltd. has downsized its powerful investment arm, anticipating Beijing will soon tighten curbs on the prolific deal-making that turbocharged the growth of China’s largest internet companies.Most Read from BloombergTech Leads Stocks to Worst Week Since March 2020: Markets WrapCrypto Crash Erases More Than $1 Trillion in Market ValueJeremy Grantham Doubles Down on Crash Call, Says Selloff Has StartedAmerican Airlines Sues The Points Guy Over Its Rewards Management AppBitcoin
Starbucks, which has seen sales slow in China due to COVID-19's fallout, is attempting to widen its reach in its second-biggest market globally by distributing its coffees through the country's dominant food delivery firm, Meituan. The U.S. coffee chain said on Tuesday it has entered into a partnership with Meituan that will allow its Chinese customers to order coffee delivery and make reservations at its stores via the super-app's platforms. The move comes as competition in the Chinese coffee market is intensifying, and is aimed at expanding the availability of Starbucks, which first begun food delivery services in the country in 2018 through an exclusive partnership with Alibaba Group's Ele.me arm, Meituan's main rival.
Yahoo Finance's Jared Blikre breaks down how December retail sales, consumer sentiment, and bank earnings are moving markets today.