Tag Archives: amzn

Baidu, Qihoo Among 4 IBD 50 Chinese Internet Stocks

The investing world is abuzz over Chinese Internet stocks. JD.com, a Chinese e-commerce firm with a model similar to Amazon (AMZN), debuted on the Nasdaq Thursday and jumped 10% on its first day. Late Wednesday, it priced its IPO at 19, above its expected range of 16-18. JD.com’s (JD) positive IPO is building up the hype for Alibaba’s expected blockbuster initial offering. But the IBD 50 already has four great Chinese Internet stocks on it. The

Amazon offers 30-day free trials of Fire TV set-top box

Amazon.com hopes to light a fire under sales of its Fire TV set-top box by giving select customers a 30-day free trial of the device. BTIG Research and several media outlets reported Friday that Amazon.com is emailing certain customers with an offer to try out the Fire TV streaming video box for a month at no charge. The promotion comes less than two months after Amazon launched the box to compete with devices from Apple (AAPL), Google (GOOGL), Roku and others. “It’s an unusual promotion for Amazon (AMZN) , which previously has never allowed customers to try a product at home before buying it,” Kif Leswing wrote on GigaOm. If trial customers like the $99 Fire TV, Amazon will bill them after the 30-day window. If they don’t, they can simply return it within that time. Fire TV ranks No. 1 on Amazon’s Top 100 Electronics , up from No. 3 earlier in the day. Google Chromecast is No. 2, the Roku 3 box is No. 6 and Apple TV is No. 11 as of this posting.

JD.com, A China E-Commerce Leader, Up In U.S. IPO

JD.com (JD) stock was up 16% in midday trading Thursday, marking what has so far been another successful U.S. initial public offering for a China Internet company. JD.com priced its initial public offering Wednesday evening at 19, above its expected range of 16-18, and opened at 21.75. The company raised $1.78 billion by selling 93.7 million shares. One of the largest e-commerce companies in China and similar to Amazon.com (AMZN), JD.com sells a