Tencent

Many American investors were excited to get in on the Snap Inc (NYSE: SNAP) IPO last week. With more than 158 million daily active users, Snapchat is one of the most popular social media platforms in the United States. However, at the moment, the single largest global market is the world is off-...

Albert Fried & Company continues to believe Time Warner Inc (NYSE: TWX) is cheap on both a relative and an absolute basis, especially its movie business. It maintains its Overweight rating and target price of $90, which implies a potential upside of 13.5 percent. “We think TWX has two...

Ryan Roberts of MCM Partners sees about 30 percent potential upside in Sohu.com Inc (NASDAQ: SOHU), saying there are attractive opportunities for shareholders. The analyst estimates the fair value of Sohu.com's businesses, excluding Changyou, at $32. Including cash on Sohu's balance sheet (...

While it seems like only yesterday that Facebook Inc (NASDAQ: FB) was going public and the concept of investing in social media stocks via exchange-traded funds was far flung, the reality is the Global X Social Media Index ETF (NASDAQ: SOCL) is fast approaching its fifth anniversary. That is almost...

JPMorgan expects gaming revenue from Sohu.com Inc (NASDAQ: SOHU) to fall 38 percent in 2016, while saying the online media company continues to face challenges across its major business lines. In gaming, the brokerage noted the company is struggling due to the games' aging and the lack of new...

Alibaba Group Holding Ltd (NYSE: BABA) was recently dethroned as being labeled China's most valued e-commerce company, despite its stock gaining more than 35 percent over the past year. The company that pushed its way to the number one spot is Tencent, an investment holding company with a focus on...

Alibaba Group Holding Ltd (NYSE: BABA), the Chinese e-commerce behemoth valued at more than $240 billion, has to be the country's most valuable tech company, right? Alibaba may in fact be the most valuable Chinese tech company listed on an American exchange. However, Tencent just overtook...

Line Corp (ADR)(NYSE: LN) shares began trading on the NYSE on Thursday, as the biggest tech IPO of 2016 hit the market. If you’re wondering what Line is and why you should care, here’s everything you need to know. Line is a Japanese messaging app with 218 million users, mostly in Asia....

Postal Savings Bank of China (PSBC) aims to transform itself from a brick-and-mortar lender into a digital player, as part of its plans for a $10 billion IPO. Reuters, citing both the state-owned bank's IPO prospectus and people familiar with its plans, said, "PSBC plans to work with online...

The Ultimate Fighting Championship has sold itself to an investment group led by the William Morris Endeavor-IMG talent agency, according to a report by FloCombat, a popular blog site that covers mixed martial arts news events. FloCombat, citing "multiple sources" confirmed Wednesday morning that...

Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...

Tech Crunch reported Monday that the popular social media app Snapchat is looking to raise $200 million at a valuation possibly as high as $22.7 billion. Citing "sources with knowledge of the deal," TechCrunch noted that Snapchat conducted a $175 million Series F round led by Fidelity back in March...

Fintech has burst onto the scene in the past decade to challenge the status quo of the banking industry. While many companies have begun to pose serious threats to traditional banks, other fintech startups have relied upon suspect business models and reckless lending and spending. The Chinese...

China's Tencent has raised its stake in mobile game maker Glu Mobile Inc. (NASDAQ: GLUU) to 21.5 percent, according to regulatory filings on SEC. Tencent, an Internet service portal in China, bought 4 million more shares of Glu Mobile – which is bringing Tencent's top-grossing Asian-market...

Walt Disney Co (NYSE: DIS)'s ESPN has some exciting developments ahead, on the back of some disappointing subscriber numbers out late last year. In November 2015, Walt Disney released information that over three million subscribers were "lost." According to a regulatory filing, as...