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Data shows that Amazon’s pushes into fashion and grocery is having a big impact in Europe.?About 83 percent of shoppers in the U.K. and 85 percent in Germany bought clothes on Amazon in the past year, according to a survey cited by the WSJ. And grocers in France and the U.K. are investing in online shopping and quick delivery initiatives in a race against the tech giant.

Data from the China Internet Network Information Center showed that middle-aged and elderly people account for 10.4 percent of the total internet population in the country last year, up 9.4 percent from the level in 2016.

Dear Amazonians,

Dai anticipated that ofo will provide services in about 20 countries and regions by the end of 2017, mostly countries involved in the Belt and Road Initiatives. His company got its start at Beijing's Peking University. It now has bicycles in 120 cities and has seen more than 1 billion rides taken within the last two years.

Data from Fenqile, China's first installment-payment e-commerce platform under Nasdaq-listed LexinFintech, also indicates a demand revival. In April, sales of iPhones increased 20 percent month-on-month on the platform, which serves mostly Generation Z consumers (those born in the past 25 years).