Analysts believes that the IPOs of online marketplace 58.com Inc (ADR) (NYSE:WUBA) and travel-booking site Qunar in the second half of 2013 opened the door for another round of US stock offerings by Chinese Internet companies. 58.com Inc (ADR) (NYSE:WUBA) stock performance was 48.68% in last session and finished the day at $46.29. Traded volume…
Beijing-based 58.com Inc (NYSE:WUBA) says it operates China’s largest online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The company’s online marketplace enables local merchants and consumers to connect, share information and conduct business. 58.com Inc. (NYSE:WUBA) belongs to Technology sector. Its net…
On September 11, 2014, Conversant, Inc. (NASDAQ:CNVR) announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by ADS. Under the terms of the agreement, Epoch shareholders will receive an estimated $35.00 per share payable in both cash and ADS stock. As a result of the proposed transaction,…
China Finance Online Co. Limited (NASDAQ: JRJC) announced that it has launched China’s first independent web-based securities trading platform, “Zhengquantong (“Securities Master”)”, on the leading financial portals it operates, www.jrj.com and www.stockstar.com. Securities Master is the product of a new strategic partnership China Finance Online has entered into with the largest brokerage firm in China, CITIC…
