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As of the end of last year, Foliday had total cash and cash equivalent of approximately 2.1 billion yuan and unused bank loan facilities amounted to about 2.5 billion yuan, which will provide sufficient proceeds for the company's business development, Foliday said in its fiscal report.

As of Tuesday, the overall confirmed COVID-19 cases on the mainland had reached 84,737, including 761 patients who were still being treated, with 40 in severe conditions.

As part of a sweeping drive to end absolute poverty before 2021, the program has boosted internet coverage in impoverished villages from less than 70 percent to 98 percent over the past five years, he told a news conference held by the State Council Information Office in Beijing.

As other tech companies freeze hiring and face an uncertain financial future, Amazon is bucking the trend.

As owner of The Washington Post, Bezos is often the target of President Donald Trump’s verbal assault on the media. In 2018, political tribalism runs deep, many question the integrity of the media, and Trump has made a habit of threatening to curb the freedom of the press. Bezos has criticized Trump’s attack on the press calling it an effort to ” freeze or chill the media that are examining him.” Last year, the tech titan donated million to the Reporters Committee for Freedom of the Press, a group that provides pro bono legal services to protect American journalists. A philanthropic initiative tied to freedom of the press or media literacy could be the logical next step.