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The company's goal, according to projections obtained by the Wall Street Journal, is to have subscribed over 40 million customers by 2025, which would amount to nearly billion in total revenue.

The company plans to replace imported materials and devices with domestic ones in the manufacturing of its 3D products as soon as the authorities concerned approve them.

The company's future focus will be projects in five major city clusters around including those in Beijing, Shanghai and Chengdu, he said.

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The completion of Dongming Tunnel, the longest high-speed railway tunnel in east China, laid a solid foundation for the Hangzhou-Shaoxing-Taizhou high-speed railway to be completed and put into service in 2021, the CRCC said.

The competition is another example of Amazon crowdsourcing artificial intelligence on Alexa.?Alexa Voice Service?lets manufacturers integrate Alexa into their products. The?Alexa Skills Kit encourages third-party developers to build skills for Alexa. Developers who want to add to Alexa’s abilities can write code that works with Alexa in the cloud, letting the smart assistant do the heavy lifting of understanding and deciphering spoken commands.

The company plans to issue 1.97 billion shares on the Shanghai Stock Exchange, which will account for 10 percent of its total share after the issue. In addition, there will be no transfer of old shares at the IPO.

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The company, which recently moved its headquarters to the former RealNetworks space along Elliott Avenue and announced plans for a massive fulfillment center in Nevada, saw its employee count jump from 329 at the end of 2011 to 1,110 at the end of 2013. That’s a net addition of 781 people in 24 months, and puts it just behind Tableau, which?grew its employee base by 62 percent last year and now employs 1,212. (It is worth noting that Tableau was founded six years before Zulily).

The company initially focused on the domestic market, but as business became brisk, it began looking overseas and opened a wholly-owned factory in Nigeria in 2003, becoming the first Chinese wig producer on the continent, Zhang said.

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The company’s previous guidance for this quarter predicted net sales between .1 billion and .8 billion, and an?operating loss between 5 million and million.

The company, the largest toy retailer by retail sales value in 2016, is engaged in the retail and wholesale of mainly toys and infant products in Chinese mainland and also involved in Hong Kong's toy retail, with Danish toymaker LEGO as its largest brand owner.