Category: Stock News

Stock News

Naver Acquired Poshmark in a $1.6B Deal

On Tuesday, the South Korean tech firm Naver Corporation purchased the US apparel resale platform Poshmark for $1.60 billion. This move is a strategic investment to enter the American eCommerce market. The acquisition is projected

Stock News

Tencent Seeks Majority Stakes in Overseas Gaming Firms

Chinese tech giant Tencent Holdings Ltd. is reportedly changing its strategy on mergers and acquisitions (M&A) by taking an aggressive approach towards investing in overseas gaming companies, as it relies on global expansion to cope

Stock News

Sinopec Plans to Delist ADSs from London by November

China Petroleum & Chemical Corp. announced on Monday its plans to pull out its American Depository Shares (ADSs) from the London Stock Exchange (LSE), becoming the latest state-owned firm to cut back ADS activities amid

TMN - asia-pacific stocks
Stock News

Porsche AG Shares Ended Flat After Frankfurt Debut

German sports carmaker Porsche AG had a shaky start after Volkswagen listed the company at a €75-billion ($72-billion) valuation in one of Europe’s largest initial public offerings (IPOs). Porsche AG’s stock ended its first session

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