The company plans to charge similar amounts to Uber but will allow drivers to keep a greater share of fares.
The company’s home city of Seattle won’t be left out: Amazon is slated to deliver a big box to Seattle Children’s Hospital on Monday afternoon.
The company's full-year net loss was 9 million, reversing from a net profit of 5 million a year earlier and was worse than the average forecast for a 5 million net loss from a poll of 22 analysts by research firm FactSet.
The company won a contract to treat industrial wastewater at an industrial park in the eastern Chinese coastal city of Yantai last year together with a Belgian chemical company, providing a treatment line for the brine produced by the desalination process to achieve a quality discharge into the sea in accordance with the most recent standards of the industry.
The company statement said that in June last year a resident surnamed Luo in Nanjing, Jiangsu province, called police when she was cheated out of 5,000 yuan after opening a website link in a text message.
The company, based in Guangzhou, , capital of Guangdong province, recently signed strategic cooperative agreements with several leading home appliances makers and kitchen equipment providers to provide one-stop renovation service for Chinese families.
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The company plans to use the proceeds to fund eight projects totaling 27.3 billion yuan (.3 billion), in the industrial internet, cloud computing, data centers, communication networks, fifth-generation mobile communications, the internet of things, intelligent manufacturing and industry upgrades.
The company, which is listed on the National Equities Exchange and Quotations, China's equity trading system oriented for small and medium-sized enterprises, posted a net loss attributable to shareholders of 17.97 million yuan for last year.
The company noted that the number of tourists visiting Southeast Asian countries and regions related to the initiative in the past three years has grown between 10 and 15 percent annually.
The company, which makes vehicles, engines and construction equipment, has been in China for 25 years. In 2015, it set up a joint venture with Dongfeng Motor Corp to expand presence in the heavy-duty and middle-duty truck segment.