The company offers a self-service, cloud-based platform for ad buyers who can create, manage and optimize data-driven digital advertising campaigns across ad formats and devices.
The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry.
The company named Farley, 58, as its new CEO effective from Oct 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with Ford for more than a decade, has been chief operating officer since February.
The company said it continues to hold the leading advantage in the new energy vehicles market. In the first half of this year, the company sold 54,000 new energy vehicles, surging 78.5 percent year-on-year, and the market share ranked at the top spot in China and third in the world.
The company will also set up official poverty relief service stations for those counties on its e-commerce platforms to promote local produce.
The company introduced new products — including bottled water from Jeju Island and nut bars — during the third China International Import Expo held in Shanghai earlier this month.
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The company was also still preparing for change of China's emissions standards from State V to State VI in the three months from January to March.
The company was fined 9.49 million yuan for failing to meet safety production regulations and obstructing the investigation. After the incident, the company failed to report the situation according to guidelines, concealed the truth and misled the inquiry, the report said.
The company's technology can help food manufacturers and processors comply with increasing food-safety requirements by quickly identifying pathogens rather than acting after a contamination problem or recall has occurred, Byrne said.
The company's performance started to rebound in recent years after its sales hit a low point due to problems found in its services and some products. It sold a record 291,000 Jiefang trucks in 2017.