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Anxi began applying to be designated as the world craft city for rattan iron crafts in 2015, and the title was initially recognized by the WCC in August last year. After the assessing group visited companies, schools and workshops involved in the rattan iron sector in May, the WCC confirmed the title via a formal letter on June 14.

App Annie also forecasted that the shopping frenzy will break the world record in mobile e-commerce sales.

Another small innovative it was working on was building in phone holders into shopping carts to make it easier to for customers to look up information on the Target app while wondering?store aisles. Some of these things have required?new hires with a background in technology. Target said a quarter of its technology employees have joined the company over the past year and are spread throughout a handful of offices in San Francisco, Sunnyvale, Bangalore and New York.

Ant Financial Services Group is making a foray into Pakistan through a deal that will give the financial technology giant a 45 percent stake in a local mobile financial services provider.

Another move to narrow the gap on shipping costs?came in December, when Amazon announced the purchase of thousands of truck trailers to ferry goods between its warehouses and distribution centers.