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The company's 182 pence-per-share offer on Friday, a 42 percent premium on the closing share price, is little more than a quarter of Imagination's 2012 price peak of 712.5 pence, which valued it at close to 2 billion pounds, according to the report.

The company spent nearly 30,000 yuan ($ 4,470) to recover the homepage.

The company said in an announcement on Nov 17 its risk control system had detected the abnormalities in one of its franchised outlets in Hebei province and reported it to local police. The suspects were later arrested in September.

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The company’s Aliyun cloud-computing subsidiary announced the move overnight, describing it as part of a new effort to serve customers?globally. A spokeswoman says the company “will initially target Chinese enterprises based in the United States with the plan to gradually expand its products and services to international clients in the second half of this year.”

The company's roots began in 1902 when James Cash Penney started a dry good store in Kemmerer, Wyoming. The retailer had focused its stores in downtown areas but expanded into suburban shopping malls as they became more popular starting in the 1960s. With that expansion, Penney added appliances, hair salons and portrait studios.

The company said it will not relaunch a search for a second corporate headquarters to complement its existing office in Seattle: "We will proceed as planned in Northern Virginia and Nashville (Tennessee), and we will continue to hire and grow across our 17 corporate offices and tech hubs in the US and Canada."

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The company’s shipping costs have ballooned in recent years as it aims to speed up delivery. During Q2, Amazon spent .1 billion on shipping, up 36 percent. In 2018, Amazon spent .7 billion on shipping, an increase of billion or roughly 27.6 percent over the prior year.

The compensation was directly paid to residents via a blockchain-based payment system, which helped reduce the possible intermediate links and avoided diversion or misappropriation of funds, said Wu Haijun, deputy director of the area's administrative committee. Over 160 construction projects and more than 40,000 migrant workers were paid via blockchain-based payment systems, said Wu.

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The company's stock closed at 7.44 yuan on Friday in Shanghai, up 108 percent from 3.58 yuan on June 24 last year.

The company, Jiangsu Tianjiayi Chemical Company, stored dangerous chemical waste illegally in its warehouse for a long time and that caused the blast, said the administration.