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Amazon’s sales rose 26% in the first quarter as the COVID-19 crisis made the online retailer an even bigger part of many lives, but profits were down 30% due to expenses from dealing with the virus. Amazon CEO Jeff Bezos gave a clear message to shareholders, saying they “may want to take a seat,” because there are big challenges ahead and they won’t be easy or cheap to overcome. The company says it will spend billion this quarter on initiatives related to the pandemic.
Among the total, the issuance value of special-purpose local government bonds aimed at providing financial support for public-interest projects reached about 2.58 trillion yuan.
Among the new market entities, there were more than 75,000 new enterprises in the period, up 75.26 percent year-on-year, according to the provincial market supervision administration.
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 HQ in the South Lake Union neighborhood. Photo: Ben Lakey
来源：资阳报