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The company's 4G users increased by 10.52 million in Q1, bringing the total number to 230 million.

The company plans to list on the Nasdaq stock market under the symbol DADA. However, no pricing terms were disclosed. Goldman Sachs (Asia), BofA Securities, and Jefferies are the joint underwriters on the deal.

The company plans to issue no more than 150 million shares to raise 2.98 billion yuan (1 million), with 1.71 billion yuan planned for the purchase of the less-than-truckload-shipping carriers, which transport relatively small?freight, according to its prospectus.

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The company reported a loss of 965 million yuan (0.1 million) in net profit, down over 200 percent year on year from January to June, according to its financial report.

The company spent half the month of September surveying more than 30,000 Chinese netizens, finding only 0.7 percent of them install security software on their computers and telephones.

The company said imported products from the United States, Japan and Germany were the most popular with customers shopping via JD Worldwide, the company's cross-border commerce unit.

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The concept car's lighting technology is an innovation that is visible by both day and night.

The company, which boasts the largest group of young fans for ACGN, is reportedly planning an initial public offering in the United States that could raise at least 0 million.

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The company spokesman said the duration of any layoffs had not been discussed, but Carnero said they could last between two and five weeks, adding this could potentially affect about 7,000 people at the plant. Italian brake maker Brembo warned on Tuesday that its northern Italian production could struggle if the government introduced even more stringent measures to tackle the spread of the coronavirus.

The company's name change from 58 Express to Kuaigou (Fast Dog in literal translation) Hailing in August was a highly controversial topic both online and offline. It even ignited anger and protests by its drivers in Zhengzhou, Central China's Henan province, since "dog" usually has a negative connotation in the Chinese language, so they considered the name as humiliating.