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The company so far has successfully assisted in the shipment of exhibitors from nations such as Germany, Turkey, Barbados, South Africa, Denmark, Italy, Egypt, the Philippines, New Zealand, Australia, Samoa and Fiji.

The company saw steady growth in online music paying users in the fourth quarter of 2019, up 47.8 percent year-on-year to 39.9 million, increasing by 4.5 million quarterly, compared with growth of 4.4 million in the previous quarter.

The company is scheduled to deploy 1,000 bikes to Astana, capital of Kazakhstan, for a trial run, while simultaneously launching the Russian edition of the ofo app.

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The company is also eyeing opportunities to provide additional services in the region, including supply chain management, freight delivery, and truckload capacity brokerage, with plans to operate in Indonesia and the Philippines in the future.

The company will maintain and continue to sell its iconic international brands including Perrier, S. Pellegrino and Acqua Panna to Chinese consumers.

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

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The company's products are widely used in agricultural industries, currently covering and monitoring 193 crops such as tea and fruits in 1,035 plantations in 20 provinces and autonomous regions nationwide.

The company, which is building a social networking service where teenagers and twenty somethings earn points for sharing content or watching videos, landed a massive million venture capital round from venerable Silicon Valley firm Kleiner Perkins Caufield & Byers, former Microsoft CFO Greg Maffei, DAG Ventures and Live Nation. It also bought three companies in 2011, purchasing online video startup Vodpod,?social sharing service AddToAny and Twitter photo service Plixi.

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The company's 4G users increased by 45.05 million last year, bringing the total number to 220 million. The number of new fixed-line broadband users more than tripled to reach 4.34 million.

The company launched a series of initiatives at its annual news conference in Shanghai during the China Refrigeration Exhibition 2019, held from April 9-11.