Revenue from licensing deals has become the company's most lucrative business, a report by Licence Global, a publication dedicated to trends in global consumer products, revealed.
Retail sales of consumer goods, a main gauge of China's consumption, returned to growth for the first time this year, rising 0.5 percent year on year in August, according to data from the National Bureau of Statistics (NBS). The measurement of consumption fell 1.1 percent in July.
Restrictions on physical gatherings due to the epidemic are forcing people to embrace online apps such as games and short videos.
Revenue also derived from the firm's control of food delivery arm Ele.me, video platform Youku and logistics aggregator Cainiao. But these might also drag short-term profitability and drift the company away from an asset-light model.
Richard Sears is renowned in China for his self-sponsored study of Chinese characters. [Photo provided to China Daily]
Road accidents are one of the main causes of death in Ecuador, with the government blaming poor driving and excessive speeds.
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Richard Evershed, a biogeochemist at the University of Bristol, has used a new technology to conduct radiocarbon dating of animal fat residues found on pottery.
Retail sales rose 0.5 percent in August from a year earlier, the first positive report for the year so far, CNBC said, quoting China's National Bureau of Statistics. Notably, sales of communication equipment rose 25.1 percent year-on-year and that of autos rose 11.8 percent.
Richard Becker, West Coast coordinator of the civil rights group Act Now to Stop War and End Terrorism, said there's no question that the US administration is continuing to escalate its meddling in China's internal affairs, adding that some US leaders are engaging in actions that are counter to their espousal of human rights and free speech in Hong Kong.
Restrictions on foreign ownership in the country's joint-venture car makers will be relaxed "in an orderly manner," the plan noted.