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The company said on its official social media Weibo account that Liu has been falsely accused. "During a business trip to the United States, Mr. Liu was questioned by police in Minnesota in relation to an unsubstantiated accusation," it read.

The company will update the ECU software of the affected automobiles free of charge, and install necessary parts and components also free of charge.

The competition of internet businesses has entered the second half, in which the paces of disruptive innovations have slowed down, and a new trend of online-offline integration is becoming even more popular.

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The company is asking the city to vacate an alley that divides the property, allowing for the construction of one 24-story tower, one seven-story tower and a single story building on the property bounded by?Seventh and Eighth avenues, and Bell and Blanchard streets, with more than 835,000 square feet. Under an alternative plan, if the city doesn’t allow the alley to be vacated, the company would develop the property with about 777,000 square feet of space.

The company will open more restaurants nationwide this year to speed up business expansion.

The company's public relationship department said that an announcement is "coming soon".

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The company plans to establish more factories with annual production capacity of 60 gigawatt hours in the next 10 years with the financial support of Evergrande, which already owns production plants in Shanghai, Jiangxi and Jiangsu provinces and the Guangxi Zhuang autonomous region.

The company said in a statement that it expects to use the funds raised to further strengthen its technology advantages in deep learning, to accelerate the commercialization of its AI-enabled solutions, and to recruit top-notch talents to offer more customers even better services, and to pursue international expansion.

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The company’s cloud services technically remain carbon neutral because of unbundled renewable energy credits and carbon offsets, but Greenpeace classified that as a “wrong turn” compared to other companies’ purchases of renewable energy on the same grid their facilities use.

The company said in an exchange filing in Hong Kong that revenue during the first half of 2019 reached more than 26.52 billion yuan, up 15.3 percent over the year-earlier period.