The company recently became one of the largest shareholders of China Vanke Co, one of China's largest property developers.
The company is also ramping up its resources to tap into digital technology and cloud computing by partnering with a string of domestic and international prestige companies, to build up a systematic database of different languages.
The company will help Hubei build next generation infrastructure centered on intelligent supply chain and logistics. It will propel the upgrading of the logistics industry on the basis of its Asia No 1 logistics park in Wuhan and an efficient logistics network covering Hubei province.
The company will invest 80 billion yuan (.9 billion) in semiconductor display, AI, big data and intelligent manufacturing in the next three years, Li said in an earlier interview.
The company's shares rose 0.5 percent to 1.27 as of Thursday close.
The company said it had signed deals with over 10 cinema operators, including Wanda Cinema, Evergrande Cinemas, UME International Cineplex and Poly International Cinema, and is expected to provide more than 7,000 mini karaoke booths called WOW mini KTV in those cinemas by the end of 2017.
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The company's products are targeting corporate clients via distributors, it added.
The company says more than 1 million small and medium-sized U.S. businesses sell on Amazon. Last year alone, Amazon says, more than 300,000 small businesses started selling on Amazon.
The company, which recently moved its headquarters to the former RealNetworks space along Elliott Avenue and announced plans for a massive fulfillment center in Nevada, saw its employee count jump from 329 at the end of 2011 to 1,110 at the end of 2013. That’s a net addition of 781 people in 24 months, and puts it just behind Tableau, which?grew its employee base by 62 percent last year and now employs 1,212. (It is worth noting that Tableau was founded six years before Zulily).
The company is still working on the terms of the spinoff proposal, whose offering size, price range and entitlement of Tencent Music Entertainment's securities for the company's shareholders are yet to be finalized.