Amazon Bullish On India, Food Delivery Plans And More Despite the current economic slowdown, Amazon says that it is ready to invest more in its India business. It will be focussing on long-term goals instead of getting distracted by the short term situation such as the current economic condition of the country.
With a focus on optimizing the communication experience, WeChat launches 7.0.5 version with upgraded Floating Window feature WeChat recently launched the iOS 7.0.5 version in which the Floating Window feature has been upgraded. The new version can display document previews, notes in Favorites, web links, music, official accounts and mini programs, among other core functional scenarios, in a floating window. Up to five floating windows can be opened simultaneously.
The People’s Bank of China: 23.74 Billion Mobile Payment Was Handled in Q2, a Year-on-Year Growth of 59.03% According to A Review on Payment System in Q2 2019 released by the People’s Bank of China in August 22nd , banking financial institutions handled 52.671 billion E-payment, totaling at￥597.21 trillion. 18.738 billion online payment was handled, a year-on-year growth of 35.09%, totaling at ￥486.80 trillion, a year-on-year decrease of 0.12%. 23.74 billion mobile payment was handled, totaling at ￥79.46 trillion, a year-on-year increase of 59.03% and 26.37% respectively.
The net profit of the three major operators in the first half of the year was 76.8 billion yuan, with an average daily profit of 424 million yuan. China New Network Client, with the release of China Telecoms earnings report on the 22nd, the first half of the performance of the three major operators all came out. According to statistics, in the first half of the year, the net profit of the three major operators totaled 76.849 billion yuan, with an average daily income of 424 million yuan.
BYD’s Net Profit in The First Six Months Reached ￥1.4 Billion, a Year-on-Year Growth of 203% BYD (HKEX：1211、SZSE：002594） released its semi-annual financial report: it took in ￥62.184 billion in the first half of 2019, a year-on year growth of 14.84%, with a net profit of ￥1.455 billion, representing a year-on-year growth of 203.61%.
DAMO Alibaba Academy Launched New Generation Self-developed Speech AI Chip Technology DAMO Alibaba Academy launched a new generation AI speech FPGA Chip technology——Ouroboros on HOTCHIPS, a top academic conference in the chip industry held in San Francisco. Apart from speech synthesis Ouroboros supports AI powered speech recognition. The speech AI chip developed on the basis of Ouroboros is expected to be applied on TmallGenie.