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And while The Spheres will have capacity to hold more than 800 people, non-Amazonians who have watched with curiosity as the project takes shape won’t have daily direct access to the inside. But next year the general public can get in by signing up online for one of Amazon’s campus tours, on which The Spheres will be a stop.
An unidentified analyst with a Shanghai broker said since 2014, online education companies have been "hot cakes", valuations of which were pushed higher by investors who just wanted to grab a slice of this sector, but in 2016, investors turned more cautious.
An said the office had also invited Taiwan entrepreneurs to tour provincial areas along the Belt and Road and some of them have already found business opportunities and started their investment and operations.
Analysts from JPMorgan Chase & Co said in a report earlier this month that geopolitical tension between the two major economies could exert a negative impact on the growth of Chinese internet companies such as Alibaba, Tencent Holdings Ltd and NetEase Inc in the mid-to-longer term as they might encounter obstacles to international expansion.
Analysts said the latest IPO is part of the juggernaut's broader push to expand its operations, as its core social media business is about to peak in terms of growth.