F2F Class Notes (Nemo)

https://agle.alibaba.com/

Vocabulary

occupancy (n)1-someone’s use of a room or building for the purposes of living or working:
E.g.: The family’s occupancy of the apartment lasted only six months.
E.g.: The price for a room is $158 per person per night, double/single occupancy (= two people/one person in each room).
2-the number of things, such as rooms, that are being used, in relation to the total number available:
E.g.: Average occupancy at Shanghai hotels is now 49 percent.

catharsis, catharses (n)

revolve around something/someone-to have someone or something as the main or most important interest or subject:
E.g.: The conversation revolved around childcare problems.
E.g.: His whole life revolves around football.
E.g.: My life these days revolves around Alibaba

 keep on (the) track -to stay on the path that one is on; to continue doing the things one is doing.
E.g.: Keep on the track and you will end up where you want to be. I know I can keep on track.

monopoly (n): 1-complete control of the supply of particular goods or services, or a company or group that has such control:
E.g.: The Postal Service is guaranteed a monopoly on all first-class letters.
E.g.: Alibaba wants to keep their monopoly over the over border kiosk business.

monopolistic (adj): 1-having or trying to have complete control of something, especially an area of business, so that others have no share:
E.g.: She did not consider the fine a sufficient deterrent against monopolistic practices by big producers.
E.g.: The company is accused of monopolistic behavior.

brick-and-mortar (adj): 1-existing as a physical building, especially a shop, rather than doing business only on the internet:
E.g.: a brick-and-mortar retailer
E.g.: brick-and-mortar bookstores

The concept allows customers to purchase overseas merchandise, which isn’t introduced to the Chinese market yet, with this platform we basically connect an actual brick-and -mortar stores abroad with a Chinese online shopping platform.

briefly (adv): 1-using few words or without giving a lot of details:
E.g.: Briefly, the company needs to cut its expenditure.