The company will launch marketing events for the special baozi. Because the company now has chain management and needs to prepare, the events will be promoted in the future.
The company said the new 88 internet brand will mainly focus on offering internet products such as email services, a knowledge platform, professional networking, recruitment products and business information products. It will seek to provide individual users with solutions that foster efficient communication and better social connections.
The company's stock traded over the counter.
The company’s chatting service called WeChat is another prime example with?400 million registered users, including 70 million international users, according to a recent count. Facebook was willing to pay dearly (up to billion) for WhatsApp, its close competitor.
The company, with a registered capital of 1.2 billion yuan, adopted a physical store and online marketing to take public deposits. From October 2013, the company opened over 1,000 physical stores across the nation and trained its employees to sell financial products through advertising and telemarketing with the promise of high interest. In 2015, the company opened online financing platforms to raise money.
The company mentioned Ge's name several times by saying "Ge You-esque slouching" in photo captions, according to the statement.
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The company said it aims to enmesh more educational content with other brands such as Fisher-Price and Thomas & Friends, which are popular in China.
The competition invited Chinese language experts worldwide to serve as judges, including Arnaud Arscangul, a sinologist and associate professor of Chinese language at INALCO, a language institute in Paris.
The company said that by Friday it had received orders for more than 30,000 ventilators and nearly 1 million forehead thermometers from over 70 countries and regions. Thirteen thousand ventilators and 500,000 forehead thermometers have already been delivered.
The company started to limit minors' playing time Tuesday, cap underage users' consumption and reinforce the real name system.