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Amazon’s success has also allowed AWS to spend a ton of money on building out the market-leading public cloud infrastructure service, which requires billions of dollars to create and maintain. Companies tend to spin off divisions that need a liquidity event to finance their future, Jassy said, and capital hasn’t been an issue for AWS.

Among the 106 items, two will be canceled outright, meaning some market entities will be able to start operation as soon as they receive business licenses, he said. Previously, enterprises needed various permits depending on their industry before being allowed to trade.

Amazon’s first home has a new owner.

Among a series of cooperative deals he hopes to develop with China, Maseribane said agribusiness is the sector his country most wants to industrialize, calling for more Chinese investors to come on board.

Among the more than 1,300 attendees were 23 defense ministers and 76 formal delegations from various countries and international organizations, according to forum organizers.