The company hasn't brought Alipay to the US, because existing financial systems provide less of an opportunity. But the service is available to Chinese tourists at an increasing number of retailers, such as duty free stores at San Francisco International Airport.
The company's stock price seemed to be undervalued in Hong Kong, which indicated that people's confidence in the real economy has been undervalued, Li explained. The company's return to the A-share market will bring more confidence to investors and industries, he added.
The company has won the order of 25 e-buses in Spain, accounting for 16 percent of the total e-bus market. It is also the only Chinese e-bus maker with Spanish business. Wang expected BYD will get more orders for its e-buses in the country as Spanish economy keeps the recovery from decline.
The company plans to offer 4 million American Depositary Shares (ADSs) at a price range of .50 to .50 apiece, according to its latest prospectus filed with the US Securities and Exchange Commission.
The compay's stores remained open as an essential retailer. Sales surged in the early weeks of the outbreak as customers bought unusually large quantities of food, hand sanitizer and other household essentials.
The company launched its WOW mini KTV programs at the end of 2016, to cater to younger generations. Now it has around 10,000 mini KTV booths in public areas nationwide.
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The company, which owns the largest number of gas stations nationwide, will take advantage of its station network and mainly focus on the construction of hydrogen refueling stations for vehicles.
The company said CIIE is a platform to showcase medical innovations and also a window to share disease knowledge and scientific medical treatment approaches.
The company unveiled its unaudited financial report for the second quarter of 2019 last week. 58.com posted 4.1 billion yuan in revenue for the quarter ended in June, up 20 percent year-on-year and beating previous forecasts. Its gross profit hit 3.7 billion yuan, also up about 19.8 percent year-on-year. Its gross profit margin stood at 89.5 percent.
The company in May 2011 founded a subsidiary in the southeastern European country. To date, its investment has hit .66 million in the country.