Exclusive: Ant Financial takes stake in Vietnam's eMonkey: sources [Reuters]
Hello Group Inc. - American Depositary Shares (MOMO)
Last hello group inc. - american depositary shares earnings: 3/19 05:10 am
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Source: Reuters
Exclusive: Ant Financial takes stake in Vietnam's eMonkey: sources JAKARTA (Reuters) - China’s Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd ( BABA.N ), has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said. The move, negotiated over the summer, is not being announced due to concerns that anti-China sentiment in Vietnam could result in possible pushback, three people with knowledge of the situation said. The strategic investment, Ant’s eight international payments deal, will allow the firm to gain entry to Vietnam’s booming market of nearly 100 million people, a quarter of whom are under 25, and where e-commerce growth is among the highest in the region. Vietnam’s rapid growth is drawing global technology giants, but Chinese firms have to operate cautiously given tensions with Beijing which often fuel anti-Chinese sentiment despite deep economic ties between the two countries. Beijing and Hanoi
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MOMO
News
- Hello Group Inc. (NASDAQ: MOMO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hello Group to Report Third Quarter 2024 Results on December 9, 2024PR Newswire
- Hello Group Inc. (NASDAQ: MOMO) was downgraded by analysts at Bank of America Co. from a "buy" rating to an "underperform" rating.MarketBeat
- Hello Group Inc. (NASDAQ:MOMO) is a favorite amongst institutional investors who own 56% [Yahoo! Finance]Yahoo! Finance
- Hello Group (NASDAQ:MOMO) Has More To Do To Multiply In Value Going Forward [Yahoo! Finance]Yahoo! Finance
MOMO
Earnings
- 9/3/24 - Beat
MOMO
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/7/24 - Form SC
- 9/26/24 - Form 144
- MOMO's page on the SEC website