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Its sales revenue from abroad increased by about 25 percent year-on-year in the first nine months. The company said consumers from Europe and the US are recently spending more time at home as the coronavirus pandemic rages on, and they exhibit strong demand for kitchen appliances, such as coffee makers. Liang Zhenpeng, an independent consumer electronics analyst, said China is the world's largest production base for home appliance products, with complete industrial chains ranging from upstream materials and components supply to downstream machine manufacturing.

JD.com sign is seen at the World Internet Conference in Wuzhen, East China's Zhejiang province, Oct 20, 2019. [Photo/Agencies]

Its shares slumped by 42 percent at the opening of trading on the New York Stock Exchange on Friday, almost wiping out all of the 44 percent rise in the stock since its IPO in September.

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Its RMHD technology has already been commercialized in CIBN Mobile TV, which marks a crucial step in the further application of its technology in the country. CIBN is one of China's seven networks that are licensed to distribute media over the internet, similar to services like Netflix.

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JC:?We should say one of Madrona’s companies in the machine learning space just got acquired, Turi, by Apple for about 0?million dollars. They’re doing OK. They were able to hire some good folks I guess.

Its rapid growth has been possible thanks to the government’s efforts to foster the commercial space sector and encourage participation from private enterprises.

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Its drones may be here soon. But for now, to help speed up deliveries in big cities, Amazon is?using subway trains in New York City.

Its global expansion plan is set to bring the brand to six new countries including India, China and Australia with 1,000 stores by 2020.