The company unveiled a total of seven new devices for its Fire TV and tablet lines, but didn’t even mention the phone. Amazon recently stopped selling?the Fire Phone online, and the company practically?pretended it didn’t exist during a small press event leading up to today’s announcement.
The company will help Hubei build next generation infrastructure centered on intelligent supply chain and logistics. It will propel the upgrading of the logistics industry on the basis of its Asia No 1 logistics park in Wuhan and an efficient logistics network covering Hubei province.
The company previously led a 0 million investment round in electric car company Rivian.
The company said that punitive measures will be enforced for the private possession of shared bicycles, destroying vehicles and using cycles inappropriately.
The company's global expansion will continue this year, with focus on the European and Latin America markets, Lei said.
The company said that it also planned to work with MCNs to cover more than 40 different fields this year.
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The company's net profits expanded 857.6 percent from one year earlier to 15.4 million yuan (.4 million) in Q1, according to its report to the Shenzhen Stock Exchange.
The company, which competes with Baidu, reported net income of .7 million for the nine months ended Sept 30, compared with .4 million for the same period a year earlier.
The company said it will give preference to distributing the content and will work with the government, media, and cultural institutions to create such content.
The company now employs 350 people in the industrial zone, again mostly locals. Xu said employees there earn about three quarters of what an employee makes on the Chinese mainland, and it's not difficult to recruit local people. The only problem is that Thai workers may not be as efficient as their Chinese peers.