The company’s cloud arm, AWS, and virtual assistant, Alexa, are also high-growth businesses that Amazon is prioritizing. Amazon Prime has long been one of the company’s core offerings. The membership program has grown to more than 100 million subscribers. Under Lindsey’s leadership, Amazon will continue to expand its one-day and same-day delivery services.
The company may use more advanced planes to fly its Spanish routes and will increase passenger volume, said Han.
The company is struggling to keep up with demand spikes from customers confined to their homes under shutdown orders around the world. It added 100,000 new warehouse workers over the past month to help fulfill the surge in orders and said this week it will hire?an additional 75,000 employees.
The company plans to list on the Nasdaq under the symbol "OCG," by offering 5.065 million shares at apiece, according to its latest prospectus filed Friday with the US Securities and Exchange Commission.
The company said the site was developed to meet the demands of customers who wanted to use its cameras to livestream images that promote their business, such as showing off the scenery at a tourist spot or demonstrating a farm's cleanliness to boost sales.
The company's AI institute has seven laboratories in Beijing, Nanjing in East China's Jiangsu province and Guangzhou, focusing on research in AI infusion on smart medical and health services, robotics, big data, computing and finance, information perception and automation.
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The company is optimistic about the Chinese market and continues to promote local production as well as research and development, said Enno Tang, president and CEO of Continental China, last week.
The company's donation of 5,000 face masks used in quarantined wards arrived in Mumbai, India on March 12.
The company said it had got business license in as early as March from the government for internet hospital, and its co-founder and CEO Jin Xing said the company aims to become "a comprehensive online healthcare platform".
The company said it doesn't expect to report first-quarter results until July 1 due to the coronavirus outbreak. However, Macy's expects to have "sufficient liquidity" to resume operations when the lockdown ends.