Alibaba Group Holding Limited (BABA) will be part of the MSCI emerging market index from Dec 1. The world’s biggest e-commerce company is listed since September 2014 at the NYSE. An IPO pricing of 25bn USD made the company the largest IPO in history. With a first day closing price at 93.89 USD, Alibaba has reached a market value of 231bn USD. Since then, the stock has traded down to 57.39 USD end of September 2015, a market cap of only 145bn USD. Continue reading “Alibaba – Open Sesam!”
Tag: China
Tencent – Ahead of the O2O Game
Tencent Holding Limited (700.HK) is China’s largest internet company with a portfolio including some of China’s most successful internet services such as instant-messaging services QQ and WeChat, each with more than 600m active users. Tencent is on its way to close a deal to invest 1bn USD in the Meituan-Dianping, a joint venture backed from two startups in the area of group-buying services (similar to Groupon) and restaurant-review (similar to Yelp). Continue reading “Tencent – Ahead of the O2O Game”