Meanwhile, across the Pacific, there's late-breaking news of a sizable acquisition in the Asian e-commerce space.The chunky tech sector buy that's buzzing around the market tonight is Kaola is a cross-border sales platform that allows consumers in mainland China to buy Western products online. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Not for the first time this earnings season, tonight's trading is being driven in large part by quarterly corporate results. A native New Yorker, he currently lives in Los Angeles. Shares of Tencent Holdings plunged as much as 10%, hours after President Trump signed an executive order that would bar U.S. entities from transacting with the Chinese internet giant. Trending Now. We've expanded our after-hours lineup to cover more international markets and sectors like tech, so you can access even more of the market around the clock. During Monday’s Afternoon trade, Shares of Apple Inc (NASDAQ:AAPL), gain 0.80% to $115.13.. The company disclosed that gross merchandise volume for online physical goods on its Tmall marketplace grew 27% in the June quarter, "with all major categories growing at similar or faster rates compared to the December 2019 quarter, before the onset of the COVID-19 pandemic." Makers of plug-in vehicles have led the advance amid a recovery in car sales in China and hopes that electric vehicles will become widely adopted.The Chinese internet giant played down threats from potential U.S. curbs on its flagship app, as higher spending through Tencent’s services and games drove better-than-expected profit and revenue in the second quarter. Dongfeng Motor first-half net profit plunged 65% The filing showed a highly profitable business with more than one billion annual active users on its Alipay app.Investors punished Pinduoduo and rewarded Alibaba and JD after their quarterly results. IPO Of The Century: A Look Into BABA Partner Ant FinancialAlibaba stopping Indian investments for six months - Reuters7 International Stocks to Buy Growing Faster Than AmazonE-commerce is booming owing to coronavirus-induced disruptions. In the press release, NetEase wrote that Alibaba intends for the brand to continue to operate independently, albeit under a new CEO, Alvin Liu.That wasn't the only arrangement made by the two Chinese tech companies. The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up for a blockbuster IPO. Nasdaq's Smart Portfolio gives you the insight to make better-informed decisions for better results. BABA has only appreciated 21% this year so far compared to the 73% expansion that AMZN has seen. After Hours: Alibaba Makes a $2 Billion Deal, Lululemon's Q2 Crushes Estimates The Chinese tech giant nabs a big asset from a compatriot, while … Retirement Alibaba shares have gained 20% over the past three months as the S&P 500 has risen 14% and as the KraneShares CSI China Internet ETF has added 29%. DocuSign shares are up a robust 22% in after-hours trading.Stock Advisor launched in February of 2002. With extended hours overnight trading, you can trade select securities whenever market-moving headlines break—24 hours a day, five days a week (excluding market holidays). Shares listed on the mainland’s year-old Nasdaq-style technology board are trading at huge premiums to near-identical stocks in Hong Kong.The Chinese financial-technology giant controlled by Jack Ma released detailed financials for the first time as it gears up for what is likely to be a record-breaking IPO. Abe to step down as Japan’s prime minister, reports say