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Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic says

Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This listing occurs amid heightened tech rivalry between China and the United States. Washington has recently restricted advanced foreign-made robots from U.S. sales. Unitree will set its IPO price soon and accept investor…

Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic says

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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