The competition was held in a gaming bar that shares space with a pizzeria. Viewers could watch the games online and see the players.
The competition's offline preliminary round in the domestic market started in Hong Kong on April 15 and extended to Israel, Germany and the United States. The online competition kicked off in August and attracted around 400 teams from across the world.
The company's revenue from overseas business during the first six months of this year rose 4.5 percent year-on-year to 38.87 billion yuan (.65 billion), or 6.6 percent of its total revenue during the period.
The company's net profit increased 8.4 percent to 7.87 billion yuan in the first half of 2017, compared with the same period of the previous year, due to the improved infrastructure construction business. Its revenue grew 3.8 percent to 189.28 billion yuan for the reporting period. Basic earnings per share increased to 0.43 yuan, compared to 0.4 yuan for the corresponding period of 2016.
The company told China Daily that these smartphones which include 5,000 units from domestic leader Huawei are for experience testing for some users, and will not be sold to the public.
The company's transition is testimony to Chinese businesses' ascent up the global value chain and the nation's economic restructuring.
深圳网站优化排名
The company's IPO application was approved by the country's top securities watchdog on Nov 14, 2019.
The company's flagship Youdao Dictionary, launched in 2007, is China's No 1 language app in terms of MAUs in the first half of 2019, which hit a striking 51.2 million, according to research and consulting firm Frost & Sullivan.
The company's operating revenue surged 32.2 percent year-on-year to 42.5 billion yuan, with revenue from the express delivery business up 31.7 percent to reach 42.2 billion yuan.
The company will further invest in social customer service coverage across the most important social media platforms in China.