Tencent 52 EUR -1,42% 

Cathie Wood Buys $62M In Coinbase On Dip, Sells $9M In Twitter

Cathie Wood-led Ark Investment Management on Thursday snapped up 255,478 shares, estimated to be worth about $62.4 million, in Coinbase Global Inc…

Cathie Wood’s ARK Invest Sells for 7

Here's a look at the ARK Invest Sells for July 7, 2021.

Why DouYu Is Down 15% Today

China's biggest video game watching services aren't going to be allowed to become a monopoly after all.

Forget Dogecoin, Buy These 3 High-Growth Tech Stocks Instead

Looking for investments that could go “to the moon”? Check out these three businesses.

Didi to be added to S&P Dow Jones' indexes : stocks

Yesterday we got the news that Didi to be added to FTSE's equity indexes and today more good news Didi to be added to S&P Dow Jones' indexes any …

WAM Global (ASX:WGB) swallows Templeton in massive ASX merger

Some some big news out of Wilson Asset Management (WAM) on the ASX today. This will see WAM Global Ltd (ASX: WGB) in a merger deal.

Didi Sets Valuation Target of $62 Billion to $67 Billion in IPO

The Chinese ride-hailing company looks to raise $3.9 billion at midpoint of its price range.

Tencent-backed social networking app Soulgate halts U.S. IPO plans

Tencent raises $4.15 billion in second major bond deal in a year

By Scott Murdoch

Tencent aims to raise $4 billion in bond deal: Sources

The deal has been launched with 10, 20, 30 and 40-year tranches, according to a term sheet reviewed by Reuters.

Dell to Explore Sale of Boomi Cloud Business

(Bloomberg) — Dell Technologies Inc. is exploring options including a potential sale of cloud business Boomi, according to people familiar with the matter, in the latest effort by Chief Executive Officer Michael Dell to trim down the personal computer maker.Dell is working with a financial adviser on a divestiture of Boomi, which could be valued at up to $3 billion, the people said, asking not to identified because the matter is private.Discussions are at an early stage and there is no guarantee Dell will end up selling the unit, the people said. Boomi could appeal to private equity firms or public companies looking to expand their cloud businesses, they added.A representative for Dell declined to comment.Boomi specializes in integrating different cloud platforms for companies. Dell agreed to acquire the company for an undisclosed amount in 2010, a statement showed at the time.Dell has been cleaning up its balance sheet in recent years and hiving off a variety of businesses. The company announced plans Wednesday to spin off its stake in infrastructure software provider VMware Inc., its most valuable asset.Last year, it sold cybersecurity unit RSA for $2.08 billion to a private equity firm.The company is trying to reduce its dependence on hardware sales and transform into a seller of subscription-based computer services. While that shift is ongoing, the company still gets about half of its revenue from sales of personal computers to commercial and consumer customers.Dell’s shares were little-changed Wednesday, closing at $92.70, giving the company a market value of about $71 billion. The stock has more than doubled in the past year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Jack Ma’s double-whammy marks end of China tech’s golden age

International Business News: The full implications of Beijing’s rapid-fire moves against Jack Ma’s internet empire in recent days won’t be apparent for weeks, but one lesson is al

Singapore’s Grab to list in US in $40 billion SPAC deal

The deal would make the ride-hailing and food-delivery giant the first Southeast Asian tech unicorn to go public through a SPAC and give it funds to expand.

U.S. eyes potential threat from China’s digital yuan

Some officials are concerned China's moves could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency.

China orders Jack Ma’s Ant to revamp business

Ant will now be supervised more like a bank, a move with far-reaching implications for growth

Events leading up to China's clamp down on Jack Ma's business empire

China's Ant Group, the fintech giant whose $37 billion IPO was derailed by regulators days before it was due to list in November, is to restructure as a financial holding company….

Grab’s US$34b SPAC deal puts Southeast Asia tech on the map

Grab Holdings Inc and Traveloka are poised to become public companies in the coming months, kickstarting a coming-out party for Southeast Asia’s long-overlooked internet scene.

In China, it’s good to be rich, but not too rich

If you’re a real estate or tech tycoon in China, it’s important to keep your head down. You don’t want to be No. 1.