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Dada sold 16.5 million American Depository Shares in its IPO at a midpoint price of per share for gross proceeds of about 4 million. The company said in its regulatory filing that 40 percent of the proceeds will be used to implement their marketing initiatives and grow the user base, while another 35 percent will go for technology and research development. The rest will be used for corporate purposes, including funding working capital needs and potential strategic investment and acquisitions.

Da Conceicao called for anti-terrorism cooperation between China and Mozambique. He also advised Western countries that disagree with China's anti-terrorism efforts to come to see with their own eyes what China has achieved.

Data collected from telescopes south of the equator will be invaluable and complement those in the north, where most of the world's telescopes are located, Li said.

Data from the China E-commerce Research Center showed that the total trading volume of China's cross-border e-commerce industry exceeded 10 trillion yuan (.5 trillion) last year.

Dave Cotter is CEO of SquareHub, a family social network, and a former Amazon general manager. SquareHub co-founder Bruno Botnivik also contributed to this?piece.