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An outline of the area's development said part of the vision was that it would develop research and experiments on such technologies as blockchain, terahertz and cognitive computing.

Analytics is critical, but it is services that make the difference, he said. "Our consulting organization is focused on helping customers achieve high-impact business outcomes. We employ industry experts to help drive data and analytics strategy and thought leadership.

Analysts believe the intensive measures will help China meet increasing domestic demand, achieve balanced trade and share development dividends with rest of the world.

Analysts surveyed by Thomson Reuters had expected the company to show a loss of 12 cents per share on revenues of .9 billion. At this time last year, Amazon showed .6 billion in revenue.

Angot said an incubator helped him and his co-founders apply for and obtain entrepreneur visas.