Last year, Chinese consumers spent 770 billion yuan on luxury items, with each luxury-consuming household spending an average of 80,000 yuan per year, the report said, based on transaction data of UnionPay.
Last year, Daoxiangcun signed a strategic partnership with JD, and now, as long as consumers make their order before 3 pm, they can get fresh rice dumplings on the same day.
Last week, U.S. President Donald Trump unveiled guidelines for a phased reopening of parts of the economy disrupted by the COVID-19 pandemic. Some states have started reopening portions of their businesses over the weekend.
Last week, China adopted a foreign investment law that will come into effect in 2020 to provide stronger protection and a better business environment for overseas investors.
Last week, Canadian Prime Minister Justin Trudeau dismissed a proposal to relax the ban on international travellers, saying that moving too quickly could spark a second wave of the coronavirus in Canada.
Last year, the Pentagon awarded JEDI to Microsoft in a surprise move that prompted Amazon to file a lawsuit challenging the decision. Amazon claims President Donald Trump’s personal hostility toward the company and its founder, Jeff Bezos, improperly influenced the Defense Department’s decision.
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Last year, Amazon investors filed a record-setting 11 shareholder resolutions. None of those resolutions were adopted but the shareholders behind them succeeded in attracting national attention to their causes. Amazon Employees for Climate Justice, an employee activism group that formed last year, made a splash at the company’s last shareholder meeting.
Last night, with just a few clicks of an Amazon Fire TV Stick remote, I bought a Hershey’s Halloween Snack Size Assortment 50-Count Bag of candy via my TV screen, for delivery to my house — without touching my phone or computer. This morning, the Amazon-powered TV interface?was offering a Fitbit Charge for purchase in the same way, perhaps to help work off those extra calories.
Last week,?Amazon’s shares?jumped?8.9 percent, which is a drop in the bucket?compared to its performance?over the past year, with shares surging more than 50 percent. In January, it?started off?trading?at just under 0 a share, and today, they are?at a bountiful?486.60 apiece.
Last year, Hong Kong offered digital banking licenses to companies including Alibaba, Tencent Holdings Ltd and Xiaomi Corp. Ant has been developing and fostering local digital wallet solutions in nine economies, the majority of which are in Southeast Asia, whereas Tencent is also heavily invested in supporting payment in local currencies in the region.