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 share trading in Hong Kong and Shanghai was suspended on Tuesday.
The company unveiled its fourth research center in China on Aug 30 in Shanghai, focusing on developing innovative solutions for Chinese customers. The center will further improve the research capabilities of Suez Group in China and provide vital technical support for further penetration in the water treatment market across China, the company said.
The company inked a licensing agreement with Japanese EA Pharmaceutical Co Ltd on Wednesday, giving it the rights to develop, produce and commercialize EA's new kidney disease treatment medicine, a drug that treats enlargement of one or more of the parathyroid glands caused by end-stage renal impairment and dialysis.
The company said it had signed an agreement to provide customized procurement service for the Shanghai Construction Group and property management subsidiaries of China Resources Land, a property developer.
The company recruits its employees to teach students classes by using their expertise. All courseware is developed by IBM itself. There are eight courses in total, and every course lasts 45 minutes.
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The company said it would include AI among its top priorities in order to advance its business through cutting-edge technologies.
The company just opened an office with room for 30 people in downtown Seattle that will serve as its U.S. headquarters. Sendle made its U.S. debut in September, and it offers two-day delivery to 92 percent of U.S. addresses.
The company, backed by internet giant Tencent Holdings, inked the deal with Royal Strategic Partners, a unit of Abu Dhabi Capital Group. ADCG is a large-scale investment company which manages assets of billion.
The company's parent groups, Renault-Nissan Alliance and Dongfeng Motor Group, have also entered into a new joint venture to co-develop and sell electric vehicles in China.