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Canalys said premium brands like Huawei and Apple keep investing online and are benefiting from the soaring appetite for online shopping.

California reported 4,176 additional coronavirus infections Monday, bringing California's total since the pandemic began to 704,085. There have been 12,933 deaths attributed to the virus, up 28 versus the prior day.

CMDC, another Sinopharm subsidiary specializing in pharmaceutical equipment trade, started its reform in 2014. It has been working on mergers and acquisitions ever since the reform for building a national distribution network of pharmaceutical equipment.

CJ Group established business operations on the Chinese mainland in 1994. It currently has 141 subsidiaries in 66 cities across the country, operating 31 factories and employing around 23,000 workers. CJ Group spans businesses from food and logistics to biotechnology, entertainment and home shopping.

Cainiao Network Technology, the nation's top courier aggregator, has pledged to create 50 billion yuan (.24 billion) in value for the country's logistics industry over the next three years, banking on technologies from the internet of things to artificial intelligence.