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As part of the .3 billion cash and stock deal announced Monday, Lore will continue to run Jet and he will also be in charge of Walmart’s e-commerce operation. Citing a source close to the situation,?Recode reports?that Lore’s deal with Walmart is for at least five years, an unusually long time for such an agreement. Usually,?the acquired company’s CEO is required to stay on for a timeframe closer to two or three years.

As more and more companies have gotten used to the idea of renting servers from a bookseller, Amazon Web Services revenue has soared, turning it into one of the most powerful companies in enterprise technology. And these companies continue to make long-term bets on AWS, as shown in an update to a figure the company first disclosed last quarter.

As of the end of April, the number of online stores based in Longnan had reached 10,703. The number of e-commerce platforms created by the city or in partnership with it had climbed to 32, according to the city's commerce bureau.

As of last year, over five million households in the province have started using clean energy for heating, including natural gas, electricity, photovoltaic, optothermal and alcohol-based fuel.

As one of the most innovative distributors globally, Also is reinventing itself as a "solutions aggregator", a radical departure from its origins as a high-volume, low-margin "box conveyor".