The company's strategic investment assets, including Ant Finance, Sina Weibo, and Sun Art Retail Group, are worth billion at the current stage, said Alibaba CFO Wu Wei.
The company's goal, according to projections obtained by the Wall Street Journal, is to have subscribed over 40 million customers by 2025, which would amount to nearly billion in total revenue.
The company is still investigating why South Korea saw so many such incidents this summer. BMW is recalling about 323,000 vehicles across Europe over concerns about the same exhaust component, but the company isn't yet sure whether EGR coolers have caused fires outside of South Korea, said Junghyun Kim, the South Korean BMW official.
The company offers a progressive pedagogy based on the United States Common Core State Standards. It serves a community of over 200,000 paying students from 32 countries and over 20,000 teachers in the US and Canada.
The company risks reducing the value of its models over time, a hidden cost to buyers that also makes it harder to finance competitive leases.
The company is building an information network for intelligent vehicles, one of the most important assets for smart cities, so that they are able to communicate with one another to further develop the efficiency of automated driving technology.
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The company says it plans to open-source the technology for others to implement.
The company said it aims to enmesh more educational content with other brands such as Fisher-Price and Thomas & Friends, which are popular in China.
The complex uses Shell's proprietary OMEGA, SMPO and polyols technologies to produce high-quality petrochemical products.
The company said the move is an effort to resolve the financial strain and supply chain problems it faces, with stakes sought in Faraday Future, Lucid Motors and LeSEE, among others.