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Green noted that BMW's dealers are not only important partners, but also a major pillar to support the brand's development in the Chinese market.

Google and Amazon settled a long-standing issue earlier this year, with YouTube returning to Fire TV devices more than a year after it was removed. Today, Amazon promotes YouTube heavily on Fire TV devices, a sign of the changing relationship between the companies.

Goods are loaded onto an airplane of SF Airlines. [Photo provided to China Daily]

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Grab, valued at billion, is available in 235 cities across eight countries and offers an array of services beyond traditional ride-hailing, including food delivery, bike-sharing, payments, and financial services. Its investors include SoftBank, Toyota, Hyundai, and Didi. Grab acquired Uber’s Southeast Asia business earlier this year.

Group has made acquisitions that catapulted it into auto parts sector

Google:?Alphabet shares rise 4% after beating Q1 earnings estimates with .7B in revenue

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Growth in Prime Video streaming is good for Amazon, which recently announced a price hike for Amazon Prime subscribers. The more people tune in to the company’s streaming service, the less likely they are to give up on Prime now that it costs .

Google’s stock price has been rallying recently, and the search giant appears on track to reach a milestone in the days ahead —possibly surpassing Microsoft in market value for the first time.

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Gotion said the strategic cooperation relationship with VW China benefits both sides by complementing each's advantages in technology and resources.

Government departments should increase their inspections of carpool services and urge enterprises to launch businesses in accordance with the law, he said.