internet

58.com Inc Shares Up After Strong Earnings Report

58.com Inc Shares Up After Strong Earnings Report

58.com Inc (NYSE: WUBA) shares up more than 14% Thursday, after tech company reported quarterly earnings. For the 2nd quarter 2017 the company reported total revenues were RMB2,593.3 million (US$382.8 million), a 33.3% increase from the same quarter..

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon.com, Inc. (NASDAQ: AMZN) introduced on Tuesday their new push towards brick-and-mortar retailers. Instant Pickup, a free service offering Prime and Prime Student members a curated selection of daily essentials available for pickup in two minu..

NetEase Reported Second-Quarter Earnings, Beating Expectations

NetEase Reported Second-Quarter Earnings, Beating Expectations

This week, NetEase, Inc. (NASDAQ: NTES), a leading internet and online game services providers in China, announced its financial results for the second quarter, with both earnings and revenue beating estimates. Shares of the company decreased around..

Netflix’s First Acquisition

Netflix’s First Acquisition

On Monday, Netflix, Inc. (NASDAQ: NFLX) announced that they have acquired comic book publisher, Millarworld. This deal gives Netflix access to various characters and stories in the popular superhero topic and is the very first acquisition ever since..

Amazon’s New Refund Policy Will Hurt Sellers

Amazon’s New Refund Policy Will Hurt Sellers

Amazon.com, Inc.(NASDAQ: AMZN) sellers are not happy after the company released an email that they would have to follow the same rules as Amazon’s return policy.Amazon’s email read: “Amazon is simplifying the returns process on ite..

China’s Baidu Shares Soar as Profit Jumps

China’s Baidu Shares Soar as Profit Jumps

Baidu, Inc.(NASDAQ: BIDU), China’s internet search giant, on Thursday reported second quarter financial results that topped analysts’ estimates, sending its shares up more than 10 percent.Baidu said profit jumped 83 percent to 4.415 bill..

Paypal Announced partnership with Samsung Pay and Visa

Paypal Announced partnership with Samsung Pay and Visa

PayPal Holdings, Inc. (NASDAQ: PYPL), one of the world’s largest Internet payment companies, has announced a big move to expand its digital payment system as they will be partnering with Samsung Electronics. Samsung users will now be able to u..