Time to join in too?

1
Comment
Favorite

虎媽
2021-05-04

Time to join in too?

Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz

Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc PDD 0.37%and

Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":106686308,"tweetId":"106686308","gmtCreate":1620111467504,"gmtModify":1704338818451,"author":{"id":3575366267501972,"idStr":"3575366267501972","authorId":3575366267501972,"authorIdStr":"3575366267501972","name":"虎媽","avatar":"https://static.tigerbbs.com/addaf8f5c70389d895e9f8f49cdc8283","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":5,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Time to join in too?</body></html>","htmlText":"<html><head></head><body>Time to join in too?</body></html>","text":"Time to join in too?","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/106686308","repostId":1125263023,"repostType":4,"repost":{"id":"1125263023","kind":"news","pubTimestamp":1620110072,"share":"https://www.laohu8.com/m/news/1125263023?lang=&edition=full","pubTime":"2021-05-04 14:34","market":"us","language":"en","title":"Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1125263023","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc PDD 0.37%and","content":"Cathie Wood-led Ark Investment Management on Monday bought more shares of&nbsp;Pinduoduo Inc&nbsp;PDD 0.37%and&nbsp;JD.com IncJD 0.44%—&nbsp;rivals to&nbsp;Alibaba Group Holding&nbsp;BABA 0.07%in the e-commerce and online groceries space in China.Wood's firm has been piling up shares of Alibaba rivals, some of which now account for a better part of its holdings compared to the Jack Ma-led company whose shares have slumped over 20% since October 2020 overtroubleswith the Chinese government.See Also:Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba RivalsThe investment firm bought 126,988 shares of Chinese e-commerce giant Pinduoduo on Monday, estimated to be worth about $16.9 million as of the day's close.Shares of Pinduoduo closed 0.37% lower at $133.43 on Monday.TheArk Fintech Innovation ETFARKF 1.34%made the trade on Monday. ARKF held a total of 573,550 PDD shares worth about $76.8 million and representing 1.85% weight of the ETF, ahead of Monday’s trade.The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.The New York-based hedge fund also bought 143,481 shares, worth about $11.2 million, in JD.com. TheAutonomous Technology &amp; Robotics ETF(BATS:&nbsp;ARKQ) and theSpace Exploration &amp; Innovation ETF(BATS:&nbsp;ARKX) made the trades.JD.com shares closed 0.44% lower at $77.02 on Monday and were down 0.42% in after-hours trading.The Beijing-headquartered company runs <a href=\"https://laohu8.com/S/AONE\">one</a> of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.Ark also piled up on mobile games platform company<a href=\"https://laohu8.com/S/SKLZ\">Skillz Inc</a>SKLZ 5.59%— buying 720,962 shares worth about $11.9 million.&nbsp;Skillz shares closed 5.71% lower at $16.52.Wood has been buying the stock on dips and is bullish on the company despite a recent&nbsp;negative short seller report on its business model.See Also:Why Cathie Wood Is Bullish On Skillz?Other Ark Buys On Monday:<ul><li><a href=\"https://laohu8.com/S/STNE\">StoneCo</a> LtdSTNE 1.02%</li><li>Recursion PharmaceuticalsRXRX 1.14%</li><li>Repare Therapeutics IncRPTX 0.12%</li><li>UiPath IncPATH 1.51%</li><li>Zymergen IncZY 7.22%</li><li>CM Life Sciences II IncCMIIU 2.51%</li><li>Ionis Pharmaceuticals IncIONS 0.4%</li><li>Iridium CommunicationsIRDM 1.34%</li><li><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> IncTWTR 1.15%</li><li>Beam Therapeutics IncBEAM 8.3%</li><li><a href=\"https://laohu8.com/S/VUZI\">Vuzix</a> CorpVUZI 6.81%</li><li>Unity Software IncU 4.8%</li><li>Galileo Acquisitions CorpGLEO 0.1%</li><li>3D Systems CorpDDD 5.06%</li><li>Tencent&nbsp;Holdings LtdTCEHY 0.59%</li><li>Fastly IncFSLY 3.24%</li><li>Roblox CorpRBLX 4.61%</li></ul>Other Ark Sells On Monday:<ul><li>Intercontinental Exchange IncICE 2.03%</li><li>Thermo Fisher Scientific IncTMO 0.7%</li><li>Roche Holding AgRHHBY 1.57%</li><li><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> IncREGN 1.52%</li><li><a href=\"https://laohu8.com/S/PSTI\">Pluristem Therapeutics</a>PSTI</li><li><a href=\"https://laohu8.com/S/PSTG\">Pure Storage Inc</a>PSTG 3.09%</li><li>Novartis AgNYSENV</li><li>PhreesiaPHR 2.15%</li><li>PACCARPCAR 1.01%</li><li>Baidu IncBIDU 2.56%</li><li><a href=\"https://laohu8.com/S/TDY\">Teledyne Technologies Inc</a>TDY 1.28%</li><li>Trade Desk IncTTD 3.8%</li><li><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>ROKU 2.23%</li><li><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a>SI 3.15%</li><li>Agora IncAPI 0.21%</li><li>Adyen NVADYEY 0.69%</li></ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/penny-stocks/21/05/20929556/cathie-wood-loads-up-more-on-alibaba-rivals-pinduoduo-jd-also-adds-skillz>Benzinga</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nCathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc PDD 0.37%and JD.com IncJD 0.44%— rivals to Alibaba Group Holding BABA 0.07%in the e-commerce and online ...\n\n<a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/20929556/cathie-wood-loads-up-more-on-alibaba-rivals-pinduoduo-jd-also-adds-skillz\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW","QNETCN":"纳斯达克中美互联网老虎指数","PDD":"拼多多","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.benzinga.com/markets/penny-stocks/21/05/20929556/cathie-wood-loads-up-more-on-alibaba-rivals-pinduoduo-jd-also-adds-skillz","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125263023","content_text":"Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc PDD 0.37%and JD.com IncJD 0.44%— rivals to Alibaba Group Holding BABA 0.07%in the e-commerce and online groceries space in China.Wood's firm has been piling up shares of Alibaba rivals, some of which now account for a better part of its holdings compared to the Jack Ma-led company whose shares have slumped over 20% since October 2020 overtroubleswith the Chinese government.See Also:Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba RivalsThe investment firm bought 126,988 shares of Chinese e-commerce giant Pinduoduo on Monday, estimated to be worth about $16.9 million as of the day's close.Shares of Pinduoduo closed 0.37% lower at $133.43 on Monday.TheArk Fintech Innovation ETFARKF 1.34%made the trade on Monday. ARKF held a total of 573,550 PDD shares worth about $76.8 million and representing 1.85% weight of the ETF, ahead of Monday’s trade.The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.The New York-based hedge fund also bought 143,481 shares, worth about $11.2 million, in JD.com. TheAutonomous Technology & Robotics ETF(BATS: ARKQ) and theSpace Exploration & Innovation ETF(BATS: ARKX) made the trades.JD.com shares closed 0.44% lower at $77.02 on Monday and were down 0.42% in after-hours trading.The Beijing-headquartered company runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.Ark also piled up on mobile games platform companySkillz IncSKLZ 5.59%— buying 720,962 shares worth about $11.9 million. Skillz shares closed 5.71% lower at $16.52.Wood has been buying the stock on dips and is bullish on the company despite a recent negative short seller report on its business model.See Also:Why Cathie Wood Is Bullish On Skillz?Other Ark Buys On Monday:StoneCo LtdSTNE 1.02%Recursion PharmaceuticalsRXRX 1.14%Repare Therapeutics IncRPTX 0.12%UiPath IncPATH 1.51%Zymergen IncZY 7.22%CM Life Sciences II IncCMIIU 2.51%Ionis Pharmaceuticals IncIONS 0.4%Iridium CommunicationsIRDM 1.34%Twitter IncTWTR 1.15%Beam Therapeutics IncBEAM 8.3%Vuzix CorpVUZI 6.81%Unity Software IncU 4.8%Galileo Acquisitions CorpGLEO 0.1%3D Systems CorpDDD 5.06%Tencent Holdings LtdTCEHY 0.59%Fastly IncFSLY 3.24%Roblox CorpRBLX 4.61%Other Ark Sells On Monday:Intercontinental Exchange IncICE 2.03%Thermo Fisher Scientific IncTMO 0.7%Roche Holding AgRHHBY 1.57%Regeneron Pharmaceuticals IncREGN 1.52%Pluristem TherapeuticsPSTIPure Storage IncPSTG 3.09%Novartis AgNYSENVPhreesiaPHR 2.15%PACCARPCAR 1.01%Baidu IncBIDU 2.56%Teledyne Technologies IncTDY 1.28%Trade Desk IncTTD 3.8%Roku IncROKU 2.23%Silvergate CapitalSI 3.15%Agora IncAPI 0.21%Adyen NVADYEY 0.69%","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TWX","TIME"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}