The company will replace the defective drive shafts free of charge.
The company will continue to promote the construction of the Tencent (Wuhan) Digital Industry Headquarters in the city, where it aims to embark on digital governance and smart city initiatives.
The company said it will use the proceeds from this round of financing to advance the commercialization of its consumer solutions for the China market, strengthen its global leadership position in informatics, and expand its capabilities in artificial intelligence and deep learning.
The company offers a self-service, cloud-based platform for ad buyers who can create, manage and optimize data-driven digital advertising campaigns across ad formats and devices.
The company said it will adjust the price in accordance with passenger flow volume.
The company?has struggled to expand its testing here, as the FAA has been notoriously slow in adopting regulations for the burgeoning unmanned aircraft industry. Amazon was initially?granted permission to fly one of its drone models in the U.S., but by the time?the ruling came around the technology was already obsolete.
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The company removed 20.2 billion malicious webpages last year, according to its 2017 information security report.
The company's success with raising funds at lower costs came as China has adopted a mix of measures to prop up credit support for the real sector of the economy, especially for small and medium-sized firms.
The company's main focus in China will be to grow the go-to-market team, aiming to be No 1 in every segment that it participates.
The company vowed to build a preliminary basis of the ubiquitous IoT by the end of 2021.