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As Amazon’s distribution network has grown, so too has its shipping costs. Amazon spent .7 billion on shipping in 2018, an increase of billion or roughly 27.6 percent over the prior year, according to GeekWire research. Amazon spent more on shipping alone last year than Starbucks, another Seattle mainstay, reported in revenue for all of 2018.

Apple said production of the iPhone is resuming, but return to pre-outbreak levels will be slower than anticipated. Apple and the US stock market took a hit Tuesday, but rebounded Wednesday.

Archrival Tencent announced a major restructuring in late September, setting up a dedicated Cloud and Smart Industries Group, among other endeavors as the internet giant honed its focus on the business-to-business market.

Apple relaxed part of the rules in June, no longer requiring in-app purchases to be the same price or less than the same items sold outside the apps.

As China eyes significant easing of market access and further opening-up of the services sector, "it's a win for Africa," said David Mutua, a scholar at the Kenya Institute for Public Policy Research and Analysis.