Chinese AI Voice Recognition Star Unisound Withdraws IPO Request Three Months After Application
On February 19, Beijing-based AI startup Unisound has decided halted its IPO application to the Shanghai Stalk Exchange.
Tag: IPO
IPO Season: China’s First Wave of AI Companies Are Going Public
Yi Wang will never forget Thursday, September 27, 2018. That’s the day that Liulishuo, the AI-driven English tutoring startup he founded in 2012, went public on the Nasdaq (NYSE:LAIX), raising US$72 million under an estimated market cap of US$600 million.
Cleaning-Robot Maker ECOVACS Goes Public on Shanghai Stock Exchange
Suzhou-based Ecovacs Robotics debuted on the Shanghai Stock Exchange today. The floor sweeping and window cleaning robot company issued 40.1 million shares at US $3.13 per share, and plans to use the funds raised via its IPO to produce four million home service robots, build an IoT ecosystem, and expand into the global market.