The competition is already responding. Earlier this month, FedEx ended its U.S. air shipping deal with Amazon.
The company’s “Prime Now” one-hour delivery service now includes?items like bacon, yogurt, cheese, milk, and frozen berries for customers in New York City who can access a?‘Frozen & Chilled’ section via?the Prime Now mobile app.
The company poured another 1 billion yuan into it earlier this year, bringing its total investment to 2.85 billion yuan.
The company submitted its draft prospectus on Feb 1. Eight days later, the CSRC sent its feedback on the prospectus and on Feb 11 it submitted a revised version. The prospectus is available on CSRC's official website among all the pre-disclosure announcements starting from Feb 22.
The company's goal is to realize the domestic manufacturing of integrated circuit chips and become an advanced integrated circuit manufacturing enterprise with an independent intellectual property system.
The company says the solar installations could provide as much as 80 percent of each fulfillment center’s annual energy needs, depending on the project and time of year. The first projects will be in California, New Jersey, Maryland, Nevada and Delaware, generating up to 41 megawatts of power by the end of the year, according to the company.
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The company made its debut on the Nasdaq last week, expecting to raise about 775 million U.S. dollars, the largest IPO (initial public offering) by a Chinese firm in the United States so far this year.
The company, with its courier business volume up 43 percent from a year ago, attributed the expansion to the lasting boom of the e-commerce sector as well as the improvement of its courier services, according to Shanghai Securities News.
The company's biggest achievement is being the first to penetrate the market and become the leader in the high-end segment. We established a factory in 2005 and we have the only factory in China dedicated just to the premium sector.
The company said it had optimized the robot technology in the development of the "AI doctor assistant," equipping it with intelligent voice functions and self-learning abilities.