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The company launched a customized service of ordering its H5 and L5 models in 2018 when it also saw the number of dealership stores topping 100 across China in its drive to expand its sales network.

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. The company said it will face operational difficulties if it does not receive funds to repay its own debt.

The company on Wednesday is launching a new subscription music service, Amazon Music Unlimited, that starts at .99 a month for a library of tens of millions of songs. That’s less than half the cost of Apple Music, Spotify Premium and other competing music services.

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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 help forums are also active with customers discussing a number of factors that are contributing to their decision to flee. In a discussion called “Who else won’t renew Amazon Prime at ?,” there’s 83 posts, which may or may not be small given the roughly 20 million Prime members.

The company is also reported to be working on a smartphone to complement its existing lineup of Kindle e-readers and Kindle Fire tablets. The company’s strategy, as outline by CEO Jeff Bezos, is to sell hardware at or near cost and make money instead from the content and services purchased by users of those devices.

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The company?appears to be doing its best to keep its involvement under wraps.?Planning documents filed with the city of Seattle?use?the mysterious moniker “Project X,” with no reference to the e-commerce giant. Even the people building the project don’t know what’s happening.

The company said the revenue generated from livestreaming accounts for a majority of its revenues and such revenue is heavily dependent on the number of paying users. Its revenue generated from livestreaming increased from 7.9 billion yuan in 2017 to 31.4 billion yuan in 2019.

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The company is a rags-to-riches story. It was started by villagers to produce cheap towels shortly after China launched its reform and opening-up drive in 1978.

The company will suspend most of its services between 11 pm and 5 am for a week starting on Saturday, the company said on Tuesday.