The company’s profits of million for the December quarter translated into earnings of 21 cents a share, compared with the average of 29 cents projected by analysts polled in advance by Thomson Reuters. Still, though,?CEO Jeff Bezos says one of the company’s biggest benefits is paying off, as digital books and the company’s Kindle business show significantly greater momentum than traditional books.
The company is looking to hire marketing and business managers to launch a new project in the UK that “offers customers a different way to shop in both the digital and physical worlds.”
The company is now looking to build on its current success in China, home to about 1 million new energy cars by the end of 2016.
The company is investigating the cause of the accident, it said.
The company said it has hired an additional 235,000 employees to clean stores, stock shelves and fulfill online orders during the pandemic. The company said it had paid cash bonuses totaling about 5 million to all hourly workers in the US.
The company will keep introducing new models into the Chinese market, including the new A6 L and its first electric SUV the e-tron, this year. The e-tron will be locally produced at FAW-Volkswagen from 2020.
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The company signed multiple strategic cooperation agreements on Aug 28 with Guangzhou, the capital of Guangdong province, to build a smart transport system in the city.
The company will collaborate with the China Children and Teenagers' Fund to jointly intervene in the problem of infant developmental retardation in China, planning to provide nutrition education programs for over 5,000 grassroots medical workers and seeking to help over 10,000 pairs of mothers and children in the next three years, the company's statement said.
The company will also improve passenger travel experience by providing services, including air conditioning in stations and on trains, online meal ordering, and check-in with facial recognition technology.
The company will also continue to invest in its Chinese social media accounts on WeChat and Weibo, two of the most popular platforms on the Chinese mainland.