China’s top leader has warned that Beijing will go after so-called “platform” companies, a sign that the months-long crackdown on the country’s Internet sector is only just beginning.
Browsing: Investment
Pony Ma’s Tencent Holdings has been put on notice. Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire.
Apple’s stock could reach a market capitalisation of $3-trillion (R45-trillion), analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.
Huge Group has set out in detail why it wants to buy fellow JSE-listed technology company Adapt IT in an all-share deal valued at R795-million.
Tesla surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.
South African business confidence has slipped in the first quarter of the year despite easing Covid-19 curbs, a survey showed on Wednesday, highlighting the fragility of the economic recovery.
South Africa’s economy contracted the most in a century in 2020 as restrictions to curb the spread of the coronavirus pandemic ravaged output and disrupted trade.
Sea Ltd is one of those companies you either know, or you’ve never heard of. And investors the world over will be kicking themselves for missing the massive run-up in its stock.
Technology group Mustek has reported a stellar, 166.7% jump in headline earnings per share in the six months ended 31 December 2020 on revenue that rose 23.7% to R3.7-billion.
Technology group Alviva Holdings reported a 17% improvement in headline earnings per share in the six months ended 31 December 2020 but warned of further uncertainty ahead.