The company saw a record high of network transactions last year, totaling 120.4 trillion yuan (.69 trillion) and up 28.1 percent year-on-year.
The company said the number of patents it has filed and received in China and the US has reached more than 1,000.
The company will press ahead with research and development activities and high-end manufacturing in China's medical field. It also aims to tap the huge local demand for medical equipment, including endoscopes, microscopes, and solutions for minimally invasive surgeries, she said.
The competition for car sales in China is heating up with more than one in four potential buyers disqualifying a brand before even visiting its dealers, according to a survey by JD Power released last week.
The company said today it will incur another billion in COVID-19-related costs during the fourth quarter. The cost calculation includes money spent to help keep employees safe; additional pay for workers; and more. It also factors in lost productivity from changes in Amazon’s process, such as ramping up more new employees, or enforcing social distancing rules inside warehouses. Amazon CFO Brian Olsavsky described the costs as “incremental.”
The company's silver and orange bikes can be picked up and parked without the use of a dock. Riders unlock a bike by scanning a QR code with the Mobike app, which is available on Android and from the Apple Store.
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The company’s underwriters include a who’s who list: Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley and Citi.
The company will add another direct flight between the two cities every Sunday starting June 3.
The company sells about 600 trucks a year in Latin America, mainly in Peru and Chile, and hopes to increase its regional sales by some 15 percent.
The company-also founded by seven retired soldiers in what was then rural Wuxi-began by making hemp rope for ships plying the Yangtze. It evolved to become one of China's first fiber-optic-cable manufacturers.