Chinese Internet Companies See Broad Gains Thursday


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Internet companies based in China were on a tear Thursday, with precious little news available to explain the trend.

Online marketplace provider 58.com Inc. (NYSE: WUBA) lead the trend with gains of 13.55 percent, trading at $52.11.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

E-Commerce China Dangdang Inc. (NYSE: DANG), which offers Chinese language book,s gained 6.39 percent to $12.98.

Chinese Internet provider NQ Mobile Inc. (NYSE: NQ) gained nearly five percent to $6.35.

Youku Tudou Inc. (NYSE: YOKU), an online marketer, gained 4.14 percent to $22.90.

And online television company Tencent Holdings Ltd. (OTC: TCTZF) picked up 2.6 percent, to trade at $15.28.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsEmerging MarketsRumorsMarketsTechChinaChinese Internet CompaniesInternet