On June 10, 2014 Angie’s List, Inc. (NASDAQ:ANGI) announced its Chicago paid household membership base surpassed the 100,000 milestone last week. The Chicago market is the company’s fourth largest membership base behind Los Angeles, Washington DC and New York City. More than 2.6 million households across the country have joined Angie’s List. Angie’s List Inc (NASDAQ:ANGI) net profit margin is -10.80% and weekly performance is 10.70%. On last trading day company shares ended up $12.41. Analysts mean target price for the company is $19.13. Angie’s List Inc (NASDAQ:ANGI) distance from 50-day simple moving average (SMA50) is 10.42%.
NetEase, Inc (ADR) (NASDAQ:NTES) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because NTES is now in overbought territory with an RSI value of 72.56, according to Zack. NetEase, Inc (ADR) (NASDAQ:NTES) shares fell -0.55% in last trading session and ended the day on $75.42. Gross Margin is 73.10% and its return on assets is 18.90%. NetEase, Inc (ADR) (NASDAQ:NTES) quarterly performance is 16.41%.
SINA Corp. (NASDAQ:SINA) on May 21 announced its unaudited financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, SINA reported net revenues of $171.5 million, compared to $126.0 million for the same period last year. Non-GAAP net revenues for the first quarter of 2014 totaled $167.3 million, compared to $121.3 million for the same period last year. Net loss for the first quarter of 2014 was $33.2 million, compared to $13.2 million for the same period last year. SINA Corp (NASDAQ:SINA) shares moved down -1.13% in last trading session and was closed at $45.36, while trading in range of $45.15 – $46.50. SINA Corp (NASDAQ:SINA) year to date (YTD) performance is -46.16%.
On May 21, 2014 Renren Inc (NYSE:RENN) a leading real-name social networking internet platform in China, announced its unaudited financial results for the first quarter ended March 31, 2014. Renren net revenues were US$12.2 million, representing a 17.3% decrease from the corresponding period of 2013. Within Renren net revenues, online advertising revenues were US$7.8 million for the first quarter of 2014, a 19.2% decrease from the corresponding period of 2013. The decrease was due to increasing competition and traffic migration to mobile. Internet Value-Added Services (IVAS)revenues were US$4.4 million, representing a 13.6% decrease from the corresponding period in 2013. Renren Inc (NYSE:RENN) ended the last trading day at $3.30. Company weekly volatility is calculated as 2.50% and price to cash ratio as 1.27. Renren Inc (NYSE:RENN) showed a negative weekly performance of -0.90%.
On June 10, Digital River, Inc. (NASDAQ:DRIV), a leading global provider of Commerce-as-a-Service solutions, announced it has expanded its global Partner Network. The expansion includes the introduction of a Marketing Ecosystem, a Payment Program, and a Strategic Alliance Program. Designed to extend the capabilities of Digital River’s SaaS-based commerce platform, the three new partner programs offer online merchants easy access to complementary digital marketing technologies and services, global payments options and support, and preferred system integrators and digital agency partners Digital River, Inc. (NASDAQ:DRIV) net profit margin is -8.00% and weekly performance is -0.06%. On last trading day company shares ended up $15.45. Analysts mean target price for the company is $19.29. Digital River, Inc. (NASDAQ:DRIV) distance from 50-day simple moving average (SMA50) is -3.45%.