The company now focuses on three areas: nutrition and health, climate and energy, and resources and circularity. These areas are all very relevant for the China market.
The competition featured three other Chinese companies: travel solutions enterprise Aoorey Global; ear-health technology business Sesame World Technology and Beijing Puquan Scientific Technology, which has developed an underground irrigation system.
The company said it will continue to expand its nationwide footprint, further improve user experience on its platforms, reinforce its technology leadership through innovation, as well as pursue strategic alliance, investment and acquisition opportunities. Its major local competitors include Guazi.com Inc.
The competition is also key for people-to-people exchanges, and it has brought so many together for the betterment of lives and people from Africa, Wang says.
The company, operating in 149 countries and regions, officially kicked off its "Patient In" strategy in January this year, to first operate in 12 countries and regions, including China.
The company's online sales accounted for 24.3 percent of its total sales in 2016, with establishment on the country's major online platforms including Taobao, Tmall, JD and Vip.com.
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The company revealed the plan during a workshop with winery executives in Napa, Calif., the WSJ reports.?The service is expected to launch in time for the holidays, the report said.
The company's controlling company is Nasdaq-listed YY, a leading domestic live streaming social media platform. Huya sealed deals for strategic financing from Tencent in early March.
The company said 94 percent of the new stores were launched outside of its home market of the United States.
The company said it has collaborated with more than 400 hospitals and dozens of biopharmaceutical companies and research institutions in China, and has developed a large proprietary genomic database.