The company so far is only selling TVs, smartphones and some accessories in the US. The US unit is also making plans to eliminate about 175 jobs, which would shrink its staff in the country to about 300 people, said the person, who asked not to be named because the financial details aren't public.
The company views Managed Delivery as the “third pillar of eBay’s ongoing evolution to create a more managed marketplace,” according to the press release. The first two are a managed catalog to make it easier for buyers to find what they want and a system of managed payments.
The company is also ramping up resources to tap into the internet of things market by partnering with a string of companies to build a smart home ecosystem.
The company says consumers who find locks have been tampered with can reject orders.
The company, which provides flexible screens for smartphone maker Xiaomi Corp's new foldable phone, was carved out of the OLED research team at Tsinghua University and has been engaged in the sector for more than two decades. Its AMOLED display screen production line in Gu'an, which involved an investment of nearly 30 billion yuan, went into operation last year. It can turn out 30,000 glass substrates (1,500 mm by 1,850 mm) every month, and meet the highend, foldable screen demand for 90 million smartphones.
The company’s Amazon Education unit is launching the site, called Amazon Inspire, in conjunction with?the ISTE 2016 education technology conference in Denver, opening up the Inspire beta to U.S. K-12 educators and schools starting today.
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The company said earlier it saw demand for cleaners and photography services soar last year. The number of cleaners and amateur photographers on its platform surpassed 6,100.
The company's corporate office in Houston, Texas employs about 60 people, and the St. James Parish complex employs about 30 people, Yao said. Almost all of the workers are local hires.
The company's leadership has been through a series of changes over the past 10 years. First the other co-founder Wu Hong died in 2009. Su Mang, president of the group since 2014, resigned in 2018 due her mother's illness. Right now, there are many speculations in the air, but the name of Liu's successor hasn't been announced.
The company's production of gas and oil garnered 103.8 billion yuan for it in revenue, up 18.1 percent compared with the same period last year. Aside from an increase of sales volume, Sinopec said the revenue increase was also due to a rise in the sales price for gas and liquefied natural gas.