JD.com (JD) Misses Q2 EPS by 5c, Revenues Beat
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Tiger Global's 13F Shows New Stake in Spotify (SPOT), Uxin (UXIN), Increase in Twitter (TWTR) (More...)
August 14, 2018 3:02 PM EDTTiger Global released its 13F for the quarter ending June, 2018. Below is a summary.
New Stakes
Adobe Systems Inc (NASDAQ: ADBE) new 287,000 share position
Avalara (NYSE: AVLR) new 100,000 share position
Ceridian HCM Holding Inc. (NYSE: CDAY) new 170,000 share position
Coupa Software (NASDAQ: COUP) new 1,415,000 share position
DocuSign, Inc. (NASDAQ: DOCU) new 300,000 share position
GDS Holdings Limited (NASDAQ: GDS) new 1,547,020 share position
HUYA Inc. (NYSE: HUYA) new 1,106,991 share position... More
Kroger partners with Alibaba in China grocery sales venture
August 14, 2018 2:09 PM EDTBy Lisa Baertlein and Nandita Bose
(Reuters) - Kroger Co (NYSE: KR) has partnered with Alibaba Group Holding Ltd (NYSE: BABA) to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.
Kroger will sell Simple Truth brand products on the e-commerce firm's Tmall Global virtual storefront "to meet Chinese consumers' growing demand for high-quality, organic food products," an Alibaba spokesman told Reuters on Tuesday.
... MoreMKM Partners Reiterates Buy on JD.com (JD) Ahead of 2Q Report
August 14, 2018 7:20 AM EDTMKM Partners analyst, Rob Sanderson, reiterated a Buy rating and $51.00 price target on JD.com, Inc (NASDAQ: JD) ahead of the company's 2Q earnings report. Sanderson expects JD's revenue to come in line with with estimates. However, there are concerns on whether net margin... More
