Facebook Inc (NASDAQ:FB) is planning to open a new sales office in mainland China, despite the fact that Facebook is banned in China and is likely to continue remaining inaccessible in the future. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 1.36%. On last trading day company shares ended up $58.02. Analysts mean target price for the company is $77.76. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -6.49%.
Yahoo’s (NASDAQ:YHOO) newest acquisition is Blink, a SnapChat rival with a “self-destructing” message app, Blink has announced on its blog. Yahoo! Inc. (NASDAQ:YHOO) shares fell -1.15% in last trading session and ended the day on $33.41. YHOO gross Margin is 71.50% and its return on assets is 8.00%.Yahoo! Inc. (NASDAQ:YHOO) quarterly performance is -12.61%.
Google Inc. (NASDAQ:GOOGL) the search-engine colossus, scans some 60 trillion Web pages to index information for the hundreds of millions of queries it receives each day. Now, according to the European Union’s highest court, users there have the right to ask Google to forget much of this data specifically, any bits about them that they would prefer the world not remember. Google Inc. (NASDAQ:GOOGL) shares moved down -0.15% in last trading session and was closed at $528.30, while trading in range of $523.57 – $530.84. Google Inc. (NASDAQ:GOOGL) year to date (YTD) performance is -5.82%.
Youku Tudou Inc. (NYSE:YOKU), China’s leading Internet television company (“Youku Tudou”), will report its first quarter 2014 unaudited financial results on Thursday, May 22, 2014, after the close of the U.S. markets. Youku Tudou Inc. (ADR) (NYSE:YOKU) ended the last trading day at $20.60. Company weekly volatility is calculated as 3.87% and price to cash ratio as 6.79.Youku Tudou Inc. (ADR) (NYSE:YOKU) showed a negative weekly performance of -1.76%.
Tencent Holdings Ltd. (OTCMKTS:TCTZD) Asia’s largest Internet company, has said it will acquire a 15 percent interest in JD.com and will transfer its e-commerce business onto that site. Tencent has assigned JD.com a valuation of more than $20 billion by the time it goes public, Bloomberg News reported, citing statements by two people who asked not to be identified because the information is private. On last trading day company shares ended up $14.00.
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