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Amid the global COVID-19 pandemic, Miniso's sales from July 2019 to June 2020 reached 8.97 billion yuan (.34 billion), according to the company.

Amazon’s announcement of a new “Dash Cart” makes the tech giant a direct competitor to Veeve, the Seattle-area smart shopping cart startup that Siddiqui and Sadiq launched in 2018 and unveiled last year. And there are many similarities in their approaches. Customers scan a QR code to log in. Sensors and cameras in the cart identify products automatically as they’re placed inside, automatically tallying the bill as they go, eliminating the need for a traditional checkout process.

Amazon’s advertising division is quickly becoming an important pillar of the company, and another sign of its growth came last week when the tech giant hosted a big advertising conference in Seattle.

Amazon’s pricing model differs from Netflix’s approach, offering a portion of its catalog for no extra charge to Amazon Prime members (who pay /year for a package that also includes free shipping and Kindle book rentals). Amazon also offers?a la carte?streaming movie and TV show rentals and digital purchases.

Amid the deleveraging process and tougher financial regulations, the slower growth indicated that capital usage by commercial banks has become better regulated with less funds circulating inside the financial sector and less derivative deposits, according to the PBOC official Ruan.