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Delaware corporation records indicate that Hark last filed an annual report in 2010, listing an outstanding tax balance of 7,252. Its status is also posted as “void” — which occurs when a company neglects to pay franchise taxes or fails to file complete annual franchise tax reports. Failure to pay results in the charter of the corporation being voided and “all powers conferred by law upon the corporation are declared inoperative.”?(More on what that means here).

Despite its lead, Alexa faces stiff competition. There is of course Siri. Google has its own voice assistant as well as the Google Home speaker, which competes directly with the Echo. Microsoft has Cortana integrated into Windows 10. Samsung also threw its hat into the ring this week, announcing that the Galaxy S8 Smartphone will come equipped with the company’s own voice assistant, Bixby.

Despite a complex external economic environment amid the COVID-19 pandemic, Wang said China's economy has seen a gradual restoration back to normal, and has resilience, potential and room to maneuver, providing solid foundations for the stability of forex reserves.

Despite a fall in IPO numbers, the average amount of capital raised on the A-share market reached its highest since 2011.

Despite a challenging quarter due to reduced economic activities in light of the COVID-19 epidemic in China, the company achieved its annual revenue guidance of over 500 billion yuan. Revenue growth of 35 percent year-over-year was driven by solid performance of its domestic retail businesses as well as robust cloud computing revenue growth, said Maggie Wu, chief financial officer of Alibaba Group.