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Apart from the mature market abroad, CIMC Enric also expects the acquisition to help the company strengthen its position in the growing Chinese market, as CIMC Enric believes the growth pace of craft beer in China will remain at 40 percent each year, although currently the business only occupies 1 percent of the domestic market.

Annabelle Vultee, COO of EF English Centers, Education First. [Photo provided to China Daily]

Anta Sports published an offer in Helsinki to purchase all the shares of the Finnish Amer Sports on in December, 2018.

Ant Financial topped the list, followed by JD Finance, while Du Xiaoman Financial ranked No 4 and Lufax, an online financial asset trading company that uses big data to analyze risk, came in at No 10. The companies' user numbers are growing at a staggering rate, as are their product offerings.

Another thing that’s a misconception is that we’re monolithic, as you know, because the fastest-growing part of our retail operation is third-party sellers. It’s growing twice as fast as our owned inventory retail. That’s empowering millions of small and medium-sized businesses around the world. I think we have 200,000 of them, with revenue of over a million dollars. That’s a great fact to point to when there are conversations about what the impact of a business like Amazon is on small businesses.