The company, as a leading formulator of multiple standards in wireless and imaging technology research, including virtual reality and augmented reality technologies, has cooperated with many industry leaders, such as Samsung, Apple, Sony, Qualcomm, Nokia, Intel, China Mobile, MediaTek, ZTE, NTT, NEC, LG, and Microsoft. It listed on Nasdaq and was included in the S&P MidCap 400 index.
The complete industrial chain for marine industry in Shandong covers marine life sciences, high-end equipment, seawater desalination and green marine chemical engineering.
The company revealed Thursday that it will invest nearly .5 billion in the fourth quarter alone for its one-day shipping initiative, which is replacing the traditional 2-day core Amazon Prime membership benefit. That’s nearly double what Amazon spent in the second quarter, when it announced the expansion.
The company was fined 300,000 yuan (,750) for publishing harmful images on April 19, and its website is still closed.
The company unveiled AWS IQ on Monday to help its cloud customers hire professionals for specific projects. AWS customers can now post a project, solicit bids from experts certified by Amazon, and hire them within the AWS portal. Amazon provides contracts, messaging tools, status updates, and billing.
The composite gauge of employment, covering the manufacturing and services sector, rebounded into expansionary territory in August-the first time it was above 50 since April, according to Caixin/Markit studies.
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The company made 7.55 million yuan (about .2 million) in net profit last year after suffering losses in the previous two years.
The company plans to establish a smart education base, expanding the scale of an online education platform to have 4,000 employees in three years. It is also eyeing to set up an offline experience center in Wuhan, which it then hopes to spread across the country.
The company will be wholly controlled by Ant Financial and led by Hu Xiaoming, CEO of Ant.
The company posted a net profit of 287.51 million yuan (.36 million) for January-September, up 33.85 percent from one year earlier, it said in a statement to the Shanghai Stock Exchange.