The company, which aims to source billion worth of goods from key overseas markets in three years, pledged to offer clients the "lowest possible prices" during the promotion, rivaling JD and Alibaba, and promised to compensate any price gaps.
The company is aiming to grab a larger share of what has been a declining?tablet market. The industry saw a 10 percent drop?in shipments in the first quarter. Amazon was able to grow its market share slightly to about 6 percent in the quarter, compared with the same period a year earlier. Apple’s iPad still leads the market, followed by Samsung’s Galaxy Tab devices.
The company will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
The company underlined its e-commerce business. Its products now cover major online retail websites in Italy, the United Kingdom and France.
The company is famous for its lipsticks, a souvenir which is one of the favorites for travellers to the Forbidden City.
The company's toothpaste contains microscopic particles of bioactive glass that act as reservoirs for calcium, phosphate and fluoride. When applied during brushing, the glass binds to the surface of the teeth.
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The company said China plans to build at least 4,400 km of new railway lines this year, including 2,300 km of high-speed lines. Those targets exceed the 4,000 km of new lines and 2,000 km of high-speed lines it announced at its annual work conference in early January.
The company said the drug uses an advanced controlled-release mechanism to release the metformin over a controlled period to ensure stable drug effect, so that patients only need to take one dose a day, which can help avoid gastrointestinal adverse reactions and missed medication doses.
The company released an update today that allows iOS users to view the first episode of many shows for free, with interstitial ads. That means people interested in trying a show out before buying it can get a taste of what they would get without
The company will further invest in social customer service coverage across the most important social media platforms in China.