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BABA Mar 2023 160.000 put

OPR - OPR Delayed price. Currency in USD
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  • Bloomberg

    Tencent’s Sales Fall for First Time as China’s Economy Sinks

    (Bloomberg) -- Tencent Holdings Ltd. logged its first-ever revenue decline after online advertising sales fell by a record, underscoring the extent to which China’s worsening economy is hurting its biggest corporations.The country’s most valuable company slashed 5,000 jobs or nearly 5% of its workforce -- the first quarterly drop in staffing since 2014 after layoffs rippling through the global tech sector finally hit the WeChat operator. Revenue fell a deeper-than-projected 3% to 134 billion yua

  • Bloomberg

    Tencent’s Workforce Shrinks for First Time in Nearly a Decade

    (Bloomberg) -- Tencent Holdings Ltd. reported its first quarterly drop in workforce in almost a decade, as the layoffs rippling through the global tech sector finally engulf China’s biggest social media player. The country’s most valuable company reported it employed 110,715 at the end of June, down 4.7% from the end of March in the first staffing cutback since 2014, according to its latest filing. Tencent revealed the net reduction after reporting its quarterly revenue missed estimates.China’s

  • Bloomberg

    Fidelity, BlackRock Cut Fintech Giant Ant’s Valuation Lower

    (Bloomberg) -- Fintech giant Ant Group Co.’s valuation was trimmed again by global investors who bought private shares ahead of its suspended initial public offering.Boston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on filings. That’s down from $78 billion in June last year, and $235 billion just before Ant’s IPO was torpedoed by regulators in November 2020.BlackRock Inc. lowered the value to $151 billion as of