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Another possible factor: “Amazon is a conservative buyer,” Burgess said. “They think long term and they don’t get seduced by high-flying valuations.? For example, there was good business logic for them to acquire Twilio and add CPaaS (Communications Platform as a Service) as a feature set to AWS — but the IPO went out at over 16x revenue and if we see an acquisition by Amazon, it will most likely happen when that valuation falls back to earth. Even with the down rounds and the fallen unicorns, valuations are high — often out of range for a conservative acquirer like Amazon.”

Ant Financial said it launched the app to encourage people to pay attention to green development, environmental protection, low-carbon living and reducing emissions.

Apart from the online shopping store, Buy42 has six brick-and-mortar charity stores in Shanghai and is expected to have 40 stores by the end of this year. In addition to more than 20,000 registered individual donors, companies including Alibaba, Adidas and Intel have cooperated with Buy42 to organize public welfare activities.

Anyone who has organized or planned group dinners, whether individually or through organizations, needs to cancel those gatherings or postpone them, Chen Yankai, deputy director of the Beijing Municipal Market Regulation Bureau, told a news conference on Wednesday.

Anthony H. Cordesman of the Center for Strategic and International Studies said Trump's cancellation of the summit with DPRK is a warning as to just how difficult it is to bring any kind of stability to the Korean Peninsula and Northeast Asia.