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4 ETFs at the Heart of the Market Rebound

9h zacks
The stock market has made an impressive comeback, recovering more than half of the losses in the vicious sell-off seen in early February due to rising inflation and fears of higher interest rates, which sent the major U.S. indices to a correction territory. The Dow Jones and S&P 500 climbed 4.3% each, representing their best weekly performances since 2016 and 2013, respectively. Meanwhile, the Nasdaq jumped 5. (26-0)

China pulls further ahead of US in mobile payments with record US$12.8 trillion in transactions 

12h scmp
China’s cities are ‘closest to cashless consumer economies’ as mobile payments surged to a record amount in the 10 months to October last year. (81-0)

Alibaba, Tencent rally troops amid $10 billion retail battle

2018-02-20 scmp
China’s tech giants Alibaba Group Holding and Tencent Holdings, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. (83-0)

Alibaba, Tencent rally troops amid $10 billion retail battle

2018-02-19 cnbc
China's tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets. (83-0)

Indonesia expects to have more than 5 unicorns by 2019 -minister

2018-02-19 reuters
JAKARTA (Reuters) - Indonesia is likely to have more than five startups worth at least $1 billion each by 2019, with healthcare and education the most promising sectors to spawn new unicorns in Southeast Asia’s biggest economy, the communications minister told Reuters. (20-0)

Alibaba, Tencent rally troops amid $10 billion retail battle

2018-02-19 livemint
Shanghai: China’s tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. (83-0)

Alibaba, Tencent rally troops amid $10 billion retail battle

2018-02-19 reuters
SHANGHAI (Reuters) - China’s tech giants Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK), worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. (83-0)

After Daifuku’s 1,200% stock surge, departing Japan chip CEO aims for more

2018-02-19 japantimes.co.jp
Masaki Hojo, who built Daifuku Co. into the world’s largest maker of machines for handling chip materials, is once again challenging market expectations even as he prepares to make his exit from the Japanese company. (96-1)

The Chinese overseas shopping spree slowed in 2017, but technology buying remains active

2018-02-18 scmp
China and Hong Kong reported a fall of 32.8 per cent in outbound mergers and acquisitions last year (81-0)

The Fall of a Chinese Tesla Killer Threatens a California Town’s Electric Dream - Bloomberg

2018-02-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (3-0)

Ecommerce Outlook: Strong Holiday Season Launches a Great 2018

2018-02-17 zacks
Ecommerce, i.e. the most growth-oriented part of the retail industry, doesn’t operate exactly like its brick-and-mortar counterpart. While goods and services do change hands, there’s a completely different infrastructure involved, whether it’s the marketplace, or logistics, or payments system, or ancillary services. That’s because each of these things is necessarily driven by technology. (273-1)

Lunar New Year goes hi-tech, from AI couplets to digital lucky money

2018-02-17 scmp
With the world’s largest internet population and smartphone market, China has also the biggest app economy, enabling internet companies to stay engaged with users even during the festive holiday season. (81-0)

3 Chinese Internet Stocks That Could Post Huge Returns In The Next 5 Years | InvestorPlace

2018-02-16 investorplace
One of the hottest growth narratives in the market over the past 12-24 months has been the Chinese internet growth narrative. (313-3)

Walmart said to be in talks to buy over 40% stake in Flipkart

2018-02-16 livemint
Mumbai: Walmart Inc. is in talks to buy a stake of more than 40% in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc. in Asia’s third-largest economy, two people familiar with the matter said on Friday. (52-0)

Walmart reportedly in talks to buy more than 40pc of India’s Flipkart

2018-02-16 themalaymailonline
The logo of India's largest e-commerce firm Flipkart is seen on the facade of the company's headquarters in Bengaluru, India July 7, 2017. — Reuters picMUMBAI, Feb 16 — Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources familiar with the matter said today. (50-0)