The company, controlled by billionaire Hui Ka Yan, reported a 250 percent jump in core first-half profit, which excludes one-time items, to 27.3 billion yuan on Monday, citing increased property sales and prices.
The company said some 50 organizations have already joined the partnership, and the number is expected to exceed 100 by the end of this year.
The company's project, the Future Technological Smart Center in Nanjing, aims to gather a wide range of domestic and foreign partners around artificial intelligence, internet of things, 5G, cloud computing and other technological innovations to explore what future cities will look like.
The company said this was to extend the performance of the phone, which uses less power when running at slower speeds, and was to prevent unexpected shutdowns due to a low battery charge.
The compromised credentials included log-in emails, passwords, and in some cases the locations of Ring cameras inside homes.
The competition between Netflix, the top dog in the streaming industry, and Amazon has been heating up recently. Amazon is preparing for a global expansion to rival Netflix’s worldwide footprint, which grew to 190 countries earlier this year.?In the company’s quarterly letter to shareholders, Netflix?acknowledged that Amazon?is becoming a global force in the streaming market though?research data shows Netflix is still way ahead.
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The company says 90 percent of people working in its U.S. fulfillment centers are regular, full-time employees, when calculated as an average for the entire year. That is the same ratio of regular employees to seasonal workers as the company reported in past years.
The company, with dual headquarters in Beijing and Shanghai, will run a series of its self-driving trucks for 22 hours each, including overnight driving and will involve five round trips in those two US states.
The company will hold a grand livestreaming event on Thursday to showcase its latest technologies and products to international buyers.
The company said on Friday that it would invest 10 billion yuan (.46 billion) in R&D this year and expand its R&D staff to over 10,000 people.