Lore anticipates the business to start clicking once it?hits? billion in gross merchandise revenue in?2020. At that point, he expects to have?15 million paying customers, which would generate about 0 million based on the current -a-year membership cost. Right now, it has 100,000 non-paying trial members. In contrast,?Amazon has roughly 40 million customers and Costco has about?72 million members, both of which?are paying about 0 a year
MELBOURNE - Former Vatican treasurer Cardinal George Pell was sentenced to six years in jail by an Australian court on Wednesday for sexually abusing two choir boys in the 1990s at St Patrick's Cathedral in Melbourne.
Lu said China has been long committed to pushing forward communication and cooperation among regional financial institutions.
Luye Pharma and AstraZeneca are also discussing the possibility of expanding the strategic partnership to the United States and Europe, as well as emerging markets.
MEXICO CITY — The death toll in a massive fire at an illegally tapped pipeline in Mexico has risen to 95 after two more injured people died at hospitals.
MADRID - Spanish gastronomy is vital to help boost Spain's profile in China, says Carlos Espinosa de los Monteros, the high commissioner for Marca Espana, a Spanish government institution set up to promote Spain's image abroad.
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Los Angeles is home to one of the largest fashion districts in the world, a hub of some 4,000 apparel outlets, showrooms and manufacturers covering about 100 blocks of the city's downtown, though only a handful of those merchants sell fur products.
Lu described the new strategy as "stay global for global", meaning that products Mengniu sources in Australia will be sold in the Southeast Asian market.
MEXICO CITY - Mexico will propose the United States redirect security funding under the so-called "Merida Initiative" to boosting development of the Mexican southern border in talks aimed at resolving a dispute over migration, officials said on Wednesday.
MEXICO CITY - US Secretary of State Mike Pompeo will meet with Mexican Foreign Minister Marcelo Ebrard on Sunday to discuss migration and trade, amid heightened bilateral tension ahead of a deadline on a deal that removed tariff threats on Mexican exports.