Private-label brands generally earn retailers higher margins than name-brand products do, and Amazon has unique?insights into the underlying economics of different product categories based on sales across its e-commerce platform.
Prime came to life in late 2004, the result of a years-long search at Amazon for the right loyalty program. An Amazon software engineer named Charlie Ward first suggested the idea of a free shipping service via a suggestion box feature on Amazon’s internal Web site, according to Ward’s colleagues at the time. Bing Gordon, an Amazon board member and venture capitalist, says he came up with the “Prime” name, while other executives, including Chief Executive Jeffrey P. Bezos himself, devised the free two-day shipping offer, which exploited Amazon’s ability to accelerate the handling of individual items in its distribution centers.
Previously, Liqun Commercial Group from China's eastern Shandong province announced that it had acquired Lotte Mart's 72 stores and 15 properties in Eastern China.
Priced from 3,888 yuan (4) in China, the smartphone is equipped with two 5.2-inch screens that can offer different user modes. In the extended mode, the user will be able to stream, email and play games on a full 6.75-inch high-definition display that transforms the phone into a tablet-like device. And the mirror mode allows two people to sit across from each other and access the same content on one device - for example to play chess.Cheng Lixin, CEO of ZTE Mobile Devices, said, “The phone is well-designed to meet consumers’ needs for multitasking capabilities.”
Procurator-general told the visitors that: "I hope that after you get to know us, you could help to supervise more than 200,000 prosecutors in China whether they have fully performed their duties."
Producers: Wang Hao and Han Lei
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Proliferating and escalating acts of violence in Hong Kong are showing "elements of terror", said Secretary for Security John Lee Ka-chiu on Monday. He accused the radicals of creating a "black terror". Lee urged the people of Hong Kong to say "no" to violence, and to uphold the rule of law.
Private enterprises contributed more than half to China's foreign trade growth in 2018, a bright spot of China's foreign trade development, Li Kuiwen, spokesman of the General Administration of Customs, said earlier this year.
Prime Minister Ranil Wickremesinghe, who is visiting Japan, said arrangements had been made to remove the garbage dump, but it came crashing down before relocation work could begin.
Primary school students queue up to get on a school bus in a county in Tianjin, May 17, 2016. [Photo/VCG]