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  Alibaba starts IPO procedure

According to Hong Kong East Daily, Alibaba has submitted its IPO application to Hong Kong Stock Exchange. This marks the beginning of Alibaba's IPO procedure. It's expected to be listed in October at the earliest. It's valued as between $80 billion and $100 billion. It may raise $20 billion this round. If Alibaba is listed successfully, this will be the highest fund raising company in HSE's history. There is news that Alibaba will spend $7 billion to buy back the shares owned by Yahoo. Yahoo re...

   Yun Ma,Alibaba,IPO,HSE     2013-07-23 08:17:47

  The big four in Taiwan can compete with Samsung

Taiwan's IT industry has a tense competition with South Korea, TSMC chairman Morris Chang said that although Samsung Electronics is a powerful opponent, ,there is only one Samsung in South Korean; in contrast, Taiwan has the TSMC, HTC, MediaTek and Hon Hai, they can challenge Samsung altogether.Morris Chang pointed out that Samsung Electronics is the  company with biggest market capitalization in South Korea, the market value is roughly $200 billion; but the second largest company in S...

   Taiwan,Samsung,IT     2013-06-12 06:46:16

  Baidu may withdraw from NASDAQ

Baidu, the search engine giant in China, may withdraw from NASDAQ some day and then get re-listed on A-shares market in China. This message is conveyed by Robin Li, CEO of Baidu, on a Wednesday(Beijing time) interview. Baidu is now investing heavily on O2O(Online to Offline) service as it is an emerging market where all Internet giants in China are diving in. In addition to its own O2O products, which include delivery service Waimai and deals site Nuomi, it has invested in a number of othe...

   NASDAQ,ROBIN LI,O2O,BAIDU     2015-09-17 04:03:55

  Alibaba IPO Live

Alibaba is going to launch its IPO at NYSE on 19th September. This will be the largest IPO in the history of US stock exchange. The opening price of Alibaba share will be $68 and its trade code is "BABA", in Chinese it means father. Alibaba is expected to get around $22 billion investment in its IPO. Want to witness this historic moment? Please join us for the live video from NYSE. Note this live stream is broadcasted with Chinese. We don't find the English source yet. We believe something is ...

   Alibaba,IPO,NYSE,Live     2014-09-19 06:51:25

  9 Outstanding Ways Artificial Intelligence Can Transform Retail

Artificial intelligence has been around for quite some time. However, Amazon was the first company to apply it in the retail industry. Now, it automates most processes on the platform, replaces the people's’ work, and increases the productivity in every possible field. Here are nine useful ideas for you to start using AI in retail. 1. Tracking the Overstock and Out-of-Stock Items It is necessary to know exactly how many items are left in stock (or whether there are any left at all). Selle...

   BUSINESS,ARTIFICIAL INTELLIGENCE     2019-01-22 08:41:02

  Facebook share price is over $38 before the market opens on Wednesday

According to Sina Tech, Facebook share price is over $38 before the market opens on Wednesday. It's the first time that its share price is over $38 since its IPO last year. In May 2012, Facebook went to public on Nasdaq with a releasing share price of $38. The share price went below $38 after the first trading day. Then after its share price kept dropping until last September it reached to its lowest point with a share price of $17.58. But as Facebook's performance was better than expected last...

   Facebook ,Share price     2013-07-31 07:45:18

  Fab CEO: Why we choose Tencent in China?

Today one important news is that Fab completes its D round fund raising with 150 million US dollars. Regarding this round of fund raising, Fab CEO Jason Goldberg explained : "If Fab wants to do business in US only, then it's not necessary to raise so much money.". Also from the investment of Tencent and Itochu from Japan, China and Japan will be Fab's new market of expansion. Why does Fab choose to cooperate with Tencent to expand Chinese market?(There was news that Alibaba was also contacting F...

   Fab,Tencent,Alibaba     2013-06-19 03:05:03

  The new Surface RT may use Qualcomm Snapdragon processor

According to Sina Tech, Microsoft will launch its new Surface RT tablet equipped with Qualcomm processor . The source said, some of the new Surface RT will use Qualcomm Snapdragon processor, this processor will provide faster wireless data connection speed. The current Surface RT uses Nvidia's Tegra processor. Some versions of the Surface RT will continue to use Tegra processor. By adding Qualcomm processor as another option, Microsoft will further expand Surface RT function. Despite Microsoft h...

   Surface RT,Qualcomm,Processor     2013-06-19 08:11:03

  Tim Cook : 100 million iPads are change people's life

In today's Apple conference, Tim Cook revealed a number Apple achieved two weeks ago, Apple iPad is sold 100 million units in past 2.5 years. Moreover, the iPad brings network traffic of 91% among all network traffic in tablet PC market. In 2.5 years, Apple's iPad series have 3 members: the iPad, iPad 2 and the New iPad. Cook said the iPad's mission is to make things originally complex and confusing simpler so that even the the general children or the elderly can complete. Indeed, the iPad is ...

   iPad, Market,Surface     2012-10-23 14:48:13

  Groupon share price grows by 23% because of Google

There have been rumors that Google will acquire Groupon. This rumor makes Groupon's share price soar 23% in three weeks.Groupon's share price closed at $4.69 yesterday, which is Groupon's highest price since October 19. Since November 2011 IPO, Groupon's share price dropped 77%.Telsey Advisory Group analyst Tom Forte said Groupon's market capitalization shrunk to $3.07 billion, It's possible that Google may choose to acquire Groupon at this time. In fact, after there was news that Google was con...

   Groupon, Google, acquisition     2012-12-08 04:02:28

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