Tag Archives: tcehy

Are China Internet Stocks Making A Comeback?

Chinese Internet stocks have fallen from their peaks for the last year or so, but could they be making a comeback? Let’s check in on the charts of China’s big-three tech firms, “B.A.T.”: Baidu (BIDU), Alibaba (BABA) and Tencent (TCEHY).

Baidu Takes On Alibaba In ‘Land Grab’ For China’s O2O

Breaking into China’s rough-and-tumble online-to-offline world hasn’t been easy for Baidu, the country’s dominant search engine. In June, the company pledged to invest $3.2 billion over the next three years to bolster its offering of online-to-offline retail services by fortifying its group-buying website Nuomi, which Baidu (BIDU) acquired in 2014. But right now, two China Internet heavyweights — Tencent Holdings (TCEHY) and Alibaba Group (BABA) —

Alibaba Bid For Youku Threatens Netflix China Efforts

In a big expansion of its push into video streaming and Hollywood entertainment, Alibaba (BABA) made an offer to acquire the Chinese equivalent of YouTube, Youku Tudo (YOKU), in an all-cash deal valued at $3.6 billion. It’s the latest of many investments that Chinese e-commerce giant Alibaba has made with digital entertainment companies, in competition with other China Internet giants that include Tencent Holdings (TCEHY). Two months ago, Tencent