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The company now seeks more opportunities in areas other than infrastructure to get more involved in the deepening cooperation of China and Ethiopia. Wen says CCCC also plans to invest in the country's agriculture sector, including growing crops and processing them.

The company is working on mass production of Sogou "avatars" in more fields, such as finance, medical care and education. More virtual images will be seen in posts like customer services, doctors and teachers.

The company that builds ducks, Ride the Ducks International LLC, agreed in 2016 to pay a million fine after one of the vehicles collided with a bus in Seattle, killing five international students.

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The company's net profit attributable to equity holders rose 3.3 percent year on year to 108.6 billion yuan (.4 billion) in the first six months (H1), as calculated under the international financial reporting standards, according to a statement filed on the Hong Kong Stock Exchange.

The company, a unit of Toshiba Corp, announced its bankruptcy earlier this year amid huge losses.

The company is also responding to the great changes in the automotive industry with its "Future Brose" program, which will change the structure of the company by 2023.

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The company, which occupies a large campus in Seattle’s South Lake Union area, says it needs the space to accomodate its growth. The company added more than 9,000 workers worldwide in the last quarter alone, growing to 65,000 people overall. In a broader look at the company’s expansion?today, Xconomy estimates that 10,000 of Amazon’s employees are in Seattle.

The company plans to use the net proceeds of this offering primarily for general corporate purposes, including investment in product development, sales and marketing activities, technology infrastructure, improvement of corporate facilities and other general and administrative matters, said its prospectus.

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The company reported its net revenues for the third quarter of this year reached 174.2 billion yuan (.7 billion), an increase of 29.2 percent compared with the same period last year. It will continue to invest in technology and infrastructure to enhance its user experience.

The company's team has not only absorbed licensed technologies from Qualcomm, but also worked out the customized encryption algorithm according to China's security standards, Wang added.