Industry veterans will tell you that affiliate marketing is about relationships. So when the head of the Google Affiliate Network (GAN), J. J. Hirschle made a brief announcement that Google planned to shutter the network just shy of its fifth birthday, it shouldn’t surprise anyone since relationships have never been Google’s strong suit.
Indeed, it's tough to fathom just how pervasive mobile wallet Alipay or messenger app WeChat is for everyday life, until the fifth person asks to scan your QR code to pay for a cup of latte or to simply connect the two of you.
Initially coined by Alibaba's major rival JD to differentiate it from the Nov 11 promotion, June 18 is not yet as well-known, but its influence is steadily on the rise.
Indeed, the Beijing-Shanghai high-speed network, the busiest link in China, runs on rails built by the company, as does the 2,000-kilometer Qinghai-Tibet Railway, the world's highest altitude route.
In what is being called the largest individual gift to support same-sex marriage in the U.S., Jeff and MacKenzie Bezos have donated .5 million to a Washington state coalition working to?approve Referendum 74. That measure, on the November ballot, is designed to uphold the state law protecting the rights of same-sex couples to marry.
Industrial entrepreneurs hold an even more optimistic view, forecasting the market will double in size over the same period.
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Initially, 234 large-cap A-share stocks will be added to the MSCI EM Index. The inclusion will be further expanded in August, making China's A shares account for about 0.81 percent of the overall index.
Information services were the biggest revenue contributor, raking in 300.4 billion yuan during the period, with e-commerce business making up over one third of the sub-sector's revenue.
Infectious diseases expert Tsang Kay-yan said the pandemic may last for another six to eight weeks and the increasing daily spike is expected to place more pressure on local virus testing agencies, which are already strained.
Industry insiders pointed out that the move could be an inspiring signal for online education startups and a turning point for the whole industry.