A strong quarter doesn’t make Yeahka a bargain
The payment technology company posted impressive third-quarter results, yet its lofty valuation is limiting near-term upside for its stock Key Takeaways: Yeahka’s gross payment value surged 50% in the third…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
Tencent Music scales audio heights with Ximalaya purchase
While short videos are all the rage lately, Tencent Music’s latest acquisition bolsters its position in the strategically important market for long-form audio content Key Takeaways: Tencent Music will pay…
BRIEF: Synagistics forms AI partnership with ByteDance
E-commerce company Synagistics Ltd. (2562.HK) said on Tuesday it will use AI infrastructure supplied by Chinese internet giant ByteDance to create tools to help its merchants boost their productivity. The…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
BRIEF: ByteDance reaches $315 billion valuation in latest share buyback
ByteDance, parent of short-video sensation TikTok, was set to conduct a share buyback this week that values it at $315 billion, a record for the company, according to Reuters. Citing…
BRIEF: TikTok’s Canada unit files for judicial review after shutdown order
TikTok's Canadian unit said Wednesday it has filed an emergency motion with Canada's Federal Court seeking judicial review of an order requiring the company to shut down its operations in…
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