The company sees fake reviews as a real threat, with the power to “undermine the trust” Amazon has built with customers, “thereby?tarnishing Amazon’s brand,” according to one of the lawsuits.
The company said since the novel coronavirus pneumonia outbreak, OPPO has been closely observing its development and impact. After comprehensive self-evaluation and preparation, it decided to participate in MWC 2020 as scheduled.
The company, which is based in Qingdao, East China's Shandong province, attributed its profit growth to expanding market share due to product innovation and domestic consumption upgrades.
The company said it will apply quantum dot technology into selected models for enhanced color, brightness, contrast and client experience.
The company said plants in Mexico that build pickup trucks and transmissions have ground to a halt. GM laid off 6,000 workers at a plant in Silao. On Monday, GM said it was temporarily laying off a further 415 workers at a propulsion plant in the city of Ramos Arizpe.
The company plans to use the funding to accelerate its business of making puzzle books for Amazon.com’s Kindle, and expand to new platforms.
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The company's business revenue last year increased 36.92 percent year-on-year to 148.29 billion yuan, while total assets rose 17.87 percent to 215 billion yuan.
The company raised 0 million in its latest fundraising round last week. Led by SoftBank's Vision Fund 2, the fresh funding round attracted top investors like Sinovation Ventures and Enlight Growth Partners.
The company operates on the "fast fashion" model, releasing new designs twice a week. Founder Leo Li established the brand in 2006.
The company is also speeding up the pace of innovation in its supply chain. Their advanced supply chain system and solutions, including data and intelligent supply, can respond to consumers more accurately and efficiently.