The company's third-quarter results showed its Asia business delivered 12-percent revenue growth year-on-year, on top of 10 percent a year ago. Operating income increased 25 percent, with wholesale, franchisee and e-commerce each posting double-digit growth year-on-year. Most markets in the region grew. In China, Levi's sees the women's category growing faster than men's. It is excited by the opportunity to grow this under-penetrated category.
The company, affiliated with the University of Science and Technology of China, a premier school in the country, is partnering with Shanghai High People's Court to test the smart trial system.
The company is reportedly gearing up to announce Alexa-enabled phone service sometime in the next few months. In March, Recode quoted unnamed sources as saying that new hardware optimized for phone calls and in-home intercom?applications is undergoing beta testing.
The company is currently China's largest private ophthalmic chain, owning more than 160 specialized eye hospitals by 2016, and went public on the Shenzhen stock market in 2009.
The company said some 50 organizations have already joined the partnership, and the number is expected to exceed 100 by the end of this year.
The company said it will continue investing in AI, big data, autonomous driving and smart city construction to support the development of Zhuhai's smart sector in the upcoming years.
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The company was among the first batch in China that obtained the super-A qualification of the general contracting code for engineering-related constructions, Li said.
The company prepared some personalized products, such as tailored trips and villa rentals. Those products carried cheaper price tags than usual though.
The company is planning a trial project of a three-day free lease of an internal combustion engine car if Taycan owners embark on long-distance trips.
The company’s hometown is also appearing to shape up as a test market for additional?services. For instance, it was?the first market, where it offers?the delivery of booze, including?a range of beer, along with whiskey, vodka, rum and other hard liquor. It?also announced today it is?delivering?hot meals from restaurants?in the Seattle region, like wild Ginger and Skillet.?The service requires a minimum order of for both products and restaurant delivery.