The company is further enhancing its localized research and development capabilities, especially in the cutting-edge 48-volt technology for nextgeneration new energy vehicles, after investing 78 million euros ( million) in the new headquarters in China, which also serves Brose Group as the Asian headquarters.
The company, a manufacturer of polyurethane equipment once located in Beijing's Daxing district, moved to Handan Ji'nan New Area in 2017.
The company will continue to deepen its presence in the Chinese mainland market in the future, Foxconn said.
The company's implementation of transformation and upgrading to result in high-quality development is working, BAIC Group said.
The company says it is focused on giving consumer more choices for how to shop its merchandise, whether it is in-store, online and now through voice commands. Best Buy is beefing up its logistics as well, recently announcing plans for free shipping on all items for the holiday season and expanding the number of cities eligible for same-day delivery.
The company’s new Amazon Wine portal offers bottles from wineries around the country. Those wineries will ship directly to customers in twelve states at launch.
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The company, ranked world's 9th most valuable unicorn (private companies valued at billion and above) this year by consulting firm CB Insights, now has a valuation of billion after the latest round.
The company, which was established in 2017 following the merger of Fortune 500 companies China Guodian and Shenhua Group, is now the world's largest producer of coal, thermal power, wind power, coal-to-liquids and coal-to-chemicals.
The company will also surpass its original value of more than billion, strengthening its position as one of world's most valuable startups.
The company's self-innovated air energy heat pumps cover all stadiums, Asian Games Village and the media village in Jakarta, helping greatly reduce consumption of electricity, which is generated by fossil fuels.