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Amazon’s stock is down five percent in after hours trading. The company posted profits in the three previous quarters.
Among the global leaders, Chinese brand Imoo topped the kids smart watches segment with a 26-percent market share last year. Huawei wrested the second position with a 9-percent market share, while Xiaomi took the third spot with a 4-percent share. For all of them, consumers such as Bao are key to success.
Amazon’s blockbuster deal to buy Whole Foods Market for .7 billion shocked the foundation of the grocery/retail world, and it also put grocery delivery startup Instacart in an awkward spot.
Among employees working at government institutions, 28.3 percent of the total staff are aged 46 and above, according to Zhaopin, which surveyed all types of enterprises nationwide this summer.
Among the "three tough battles" ahead, averting financial risks is a major focus expected to back China's economic transformation, with the role of the market to be highlighted in efforts to reduce financial leverage.
