• Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - January 17, 2020
    Zacks

    Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - January 17, 2020

    The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

  • Vipshop Holdings Limited (VIPS) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Vipshop Holdings Limited (VIPS) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Vipshop Holdings Limited (VIPS) closed at $14.41, marking a -0.96% move from the previous day.

  • Internet-Commerce Outlook: Weak Earnings Outlook & Rich Valuation
    Zacks

    Internet-Commerce Outlook: Weak Earnings Outlook & Rich Valuation

    Internet-Commerce Outlook: Weak Earnings Outlook & Rich Valuation

  • Didi Rival Is Said to Seek Up to $300 Million in Pre-IPO Round
    Bloomberg

    Didi Rival Is Said to Seek Up to $300 Million in Pre-IPO Round

    (Bloomberg) -- Chinese ride-hailing startup Dida Chuxing is seeking to raise as much as $300 million and is considering an initial public offering, escalating competition with larger rival Didi Chuxing, according to people familiar with the matter.IDG Capital-backed Dida is raising between $250 million to $300 million in a pre-IPO round that it pitched to a wide range of investors, the people said, asking not to be named because the matter is private. Dida has mulled floating on exchanges in mainland China or Hong Kong, but prefers the latter, one person said. A Dida spokeswoman declined to comment.Ride-hailing operators are grappling with dwindling investor sentiment after Uber Technologies Inc. went public last May only to see its shares tumble. Dida, which infuses social elements into its car and taxi-hailing operation, has been trying to raise capital since around the middle of last year, the people said. It’s unclear what valuation the Chinese company is targeting.In May 2015, Dida received a $100 million funding from China Renaissance Capital Investment, according to Dida’s website. In March 2017, Chinese private equity fund Nio Capital led a new round in Dida. Hillhouse Capital, IDG, JD.com and Nio Capital participated in the company’s last funding round, according to a slide deck created in August but that’s been recently circulated to investors and viewed by Bloomberg News.Dida says it became profitable last April, earning 29 million yuan ($4.2 million) in the second quarter of 2019, according to the investor presentation slides. The company generated 151 million yuan in revenue for 2018, and expects that to have jumped to 643 million yuan last year, the same presentation shows.Beijing-based Dida is a distant second to Didi in China’s ride-hailing arena but its popularity grew after two female passengers were murdered while using the services of competitor Didi. Dida operates a network of 1.2 million taxi drivers and its daily orders has surpassed 3.65 million, according to the deck.To contact the reporters on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.net;Dong Cao in Beijing at dcao59@bloomberg.net;Manuel Baigorri in Hong Kong at mbaigorri@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum Murphy, Peter ElstromFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Why this Cheap E-Commerce Stock Up 140% in a Year is a Strong Buy for 2020
    Zacks

    Why this Cheap E-Commerce Stock Up 140% in a Year is a Strong Buy for 2020

    Vipshop Holdings (VIPS) stock has soared 140% in the last year to crush Alibaba as the online discount retailer expands its customer base...

  • Momo Inc. (MOMO) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Momo Inc. (MOMO) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Momo Inc. (MOMO) closed at $39.09, marking a +0.33% move from the previous day.

  • JD.com, Inc. (JD) Stock Sinks As Market Gains: What You Should Know
    Zacks

    JD.com, Inc. (JD) Stock Sinks As Market Gains: What You Should Know

    JD.com, Inc. (JD) closed at $39.78 in the latest trading session, marking a -1.27% move from the prior day.

  • Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein
    Zacks

    Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein

    Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein

  • Display Maker Royole Is Said to Have Filed for Confidential U.S. IPO
    Bloomberg

    Display Maker Royole Is Said to Have Filed for Confidential U.S. IPO

    (Bloomberg) -- Chinese flexible display maker Royole Corp. has filed confidentially for a U.S. initial public offering to raise about $1 billion, people familiar with the matter said.The startup seeks funding to expand its sales and marketing and research facilities, the people said, requesting not to be named because the matter is private. It had originally planned to raise that amount via a private financing round at a valuation of about $8 billion, people familiar with that deal said in March. But the Chinese company is now tapping U.S. markets after liquidity tightened during a downturn in China’s venture capital sector, the people said.Royole, known for manufacturing the world’s first commercial foldable phone, competes with Samsung Electronics Co. and BOE Technology Group Co. to produce bendable screens using cutting-edge organic light-emitting diode technology. The company, which gave away wraparound-screen hats at the 2018 World Cup in Russia, this month unveiled a smart speaker that packs a bendable display around a cylinder.It’s unclear what timeframe the company’s looking at, the people said. A Royole representative declined to comment.Royole is regarded as one of a coterie of Chinese technology startups working to dismantle the decades-old image of China as a clone factory by leading in design and innovation. Like Huami and Insta360, these upstarts aim to take advantage of home bases in China close to where devices are manufactured, developing products faster and more cheaply.Founded by Stanford alumni Bill Liu, Peng Wei and Xiaojun Yu, Royole needs capital to plow back into research and expand production. The company, valued at about $5 billion in a previous funding round, invested 11 billion yuan ($1.6 billion) into a flexible display plant in Shenzhen that commenced production in June. Royole is working with Airbus to install displays in planes and also collaborates with clothing, furniture and kitchen-supply customers. Royole has said it secured a deal with Louis Vuitton that will see the two companies putting flexible screens on handbags of the future.Its full line of products encompasses head-mounted displays intended for use as so-called mobile theaters and other wearable flexible displays. The company even has a smart writing pad that it sells on Amazon.com, JD.com and in stores across China, the U.S. and Europe.Royole’s earlier investors include Knight Capital, IDG Capital, Poly Capital Management, AMTD Group, the funds of Chinese tycoon Xie Zhikun and the venture capital arm of the Shenzhen city government.Read more: The Trade War Spurs China’s Technology Innovators Into Overdrive(Updates with details on Royole’s inception from the fifth paragraph)To contact the reporters on this story: Julia Fioretti in Hong Kong at jfioretti4@bloomberg.net;Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Tech Daily Roundup: Apple Protection & More
    Zacks

    Tech Daily Roundup: Apple Protection & More

    Here's a bite of the recent news and views on technology companies.

  • The Zacks Analyst Blog Highlights: Taiwan Semi, JD.com and America Movil SAB de CV
    Zacks

    The Zacks Analyst Blog Highlights: Taiwan Semi, JD.com and America Movil SAB de CV

    The Zacks Analyst Blog Highlights: Taiwan Semi, JD.com and America Movil SAB de CV

  • Zacks.com featured highlights include: Shoe Carnival, Crawford United, Tilly's, SYNNEX and Momo
    Zacks

    Zacks.com featured highlights include: Shoe Carnival, Crawford United, Tilly's, SYNNEX and Momo

    Zacks.com featured highlights include: Shoe Carnival, Crawford United, Tilly's, SYNNEX and Momo

  • Momo (MOMO) in Focus: Stock Moves 9.4% Higher
    Zacks

    Momo (MOMO) in Focus: Stock Moves 9.4% Higher

    Momo (MOMO) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

  • 5 Top-Ranked DuPont-Confirmed Quality Stocks
    Zacks

    5 Top-Ranked DuPont-Confirmed Quality Stocks

    DuPont technique examines operating management, management of assets and capital structure to find out the financial condition of a company.

  • Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Baidu Inc. (BIDU) closed at $142.26, marking a -1.56% move from the previous day.

  • 5 Top Stocks With Impressive Net Profit Margin
    Zacks

    5 Top Stocks With Impressive Net Profit Margin

    Here are five top-ranked stocks with solid net profit margin that investors can rely on for a successful portfolio.

  • Apple Uses Daisy to Extract & Recycle Minerals From iPhones
    Zacks

    Apple Uses Daisy to Extract & Recycle Minerals From iPhones

    Apple (AAPL) is using robots like Daisy to disassemble iPhones, so that it can reuse the minerals recovered from the devices.

  • Introducing Momo (NASDAQ:MOMO), The Stock That Zoomed 239% In The Last Five Years
    Simply Wall St.

    Introducing Momo (NASDAQ:MOMO), The Stock That Zoomed 239% In The Last Five Years

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • Qurate Retail (QRTEA) Catches Eye: Stock Jumps 6.8%
    Zacks

    Qurate Retail (QRTEA) Catches Eye: Stock Jumps 6.8%

    Qurate Retail (QRTEA) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

  • Play "New Super Cycle" for Video Games With 3 ETFs & Stocks
    Zacks

    Play "New Super Cycle" for Video Games With 3 ETFs & Stocks

    Get set for a new super cycle in the video game industry with these stocks and ETFs.

  • DBS Touts E-Sports Stocks as Bet on Millennial, Gen-Z Wealth
    Bloomberg

    DBS Touts E-Sports Stocks as Bet on Millennial, Gen-Z Wealth

    (Bloomberg) -- The electronic sports industry is likely to grow significantly in coming years and stocks in the sector are poised to benefit, according to DBS Group Holdings Ltd.E-sports, or multiplayer video games played competitively by professional gamers, is a key investment theme in the Singapore-based bank’s quarterly CIO outlook as the phenomenon gains traction among increasingly wealthy millennials and their Generation Z counterparts. Live streaming will help lead to “exponential growth,” with companies such as Activision Blizzard Inc., Nintendo Co. and Tencent Holdings Ltd. set to benefit, according to Thursday’s report.“E-sports is expected to undergo phenomenal growth in the coming years - from both a viewership and monetization standpoint,” the report said. “Game developers are predominantly the biggest beneficiaries given that they are involved in almost every facet of e-Sports – from games publishing to the creation of leagues and the hosting of tournaments.”Streaming platforms and hardware manufacturers will also benefit, it said.Read: Even Small Esports Names Gain as Industry Matures, Stephens SaysExposure to the field has already been paying off for investors. The MVIS Global Video Gaming and eSports Index is up 47% since the end of 2018, compared with the S&P 500’s 31% advance. The gauge of 25 companies which includes NetEase Inc., Zynga Inc., Take-Two Interactive Software Inc. and Electronic Arts Inc., has risen 3.4% this year versus a 1.4% gain in the broader benchmark.(Adds story link after fourth paragraph.)To contact the reporter on this story: Joanna Ossinger in Singapore at jossinger@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac Mullen, Naoto HosodaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Boasting A 23% Return On Equity, Is Autohome Inc. (NYSE:ATHM) A Top Quality Stock?
    Simply Wall St.

    Boasting A 23% Return On Equity, Is Autohome Inc. (NYSE:ATHM) A Top Quality Stock?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • JD.com, Inc. (JD) Outpaces Stock Market Gains: What You Should Know
    Zacks

    JD.com, Inc. (JD) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, JD.com, Inc. (JD) closed at $38.90, marking a +1.57% move from the previous day.

  • Is Vipshop Holdings (VIPS) Outperforming Other Computer and Technology Stocks This Year?
    Zacks

    Is Vipshop Holdings (VIPS) Outperforming Other Computer and Technology Stocks This Year?

    Is (VIPS) Outperforming Other Computer and Technology Stocks This Year?