The company is also embracing new tools such as livestreaming sessions to cater to the novel purchasing habits of Chinese shoppers.
The company said that will give 450 workers their jobs back and potentially as many as 900 with future expansion. That would equal the number of jobs lost when the plant shut down two years ago and filed for bankruptcy protection under pressure from rapidly expanding Chinese aluminum imports.
The company's first-quarter revenue increased 9 percent year-on-year to 7.6 billion yuan (.1 billion). The report also noted iQiyi's net loss expanded to 2.9 billion yuan from 1.8 billion yuan during the same period in 2019.
The company was also ordered to make a public apology via news media, according to the ruling.
The company will open operations in several key cities and regions in 2018, with China projected to be the largest tourist source country for Airbnb by 2020.
The company is also among the high-profile backers of a solar project nestled among banana crops in Australia’s far tropical northeast, a chance to unlock renewable technology for the global mining sector.
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The company provides workspace solutions and community settings, according to Christian Lee, managing director of WeWork Asia.
The components of the furniture he makes are solidly connected with mortise and tenon joints, a construction method that dates back to 7,000 years ago. The process is time-consuming but the furniture is extremely solid.
The company said it will supply the McDonald’s fast food chain and other companies in Britain that want to ditch plastic straws because of environmental concerns.
The company will operate a fleet of 40 vehicles in a manned autonomous driving test area covering 700 kilometers of road, with routes including residential and business areas in Yizhuang, Haidian and Shunyi districts.