20 de outubro de 2020 , por
New share sales in Hong Kong, the world's largest IPO market last year, were down 93% to $49 million in February from the same period a year earlier, according to Dealogic. The company was among eight Chinese tech companies placed on the U.S. entity list in October amid trade tensions between Beijing and Washington. SenseTime said at the time that it strongly opposed the U.S. ban and would work with relevant authorities to resolve the situation. Weak investor sentiment over coronavirus and US blacklist hurts AI startup's plans Get trusted insights from experts within Asia itself. The company was valued by research firm CB Insights at $4.5 billion last year, although Bloomberg cited SenseTime's co-founder and CEO, Xu Li, as saying in September that the valuation of the company had surpassed $7.5 billion. In a presentation at the Massachusetts Institute of Technology in 2018, SenseTime's co-founder, Tang Xiaoou, announced that his company beat Facebook to achieve a nearly 99% success rate for its facial recognition technology, making it one of the most advanced artificial intelligence solution providers in the world. The private markets have fared a bit better, according to bankers. It may therefore take some time before it appears on our website. Companies such as SenseTime that have regularly met with potential investors have a better chance of tapping money managers for funding, they said. The company counts Qualcomm (NASDAQ:QCOM) Ventures, part of U.S. semiconductor group Qualcomm, as one of its strategic investors. The company believed it would see more success in its IPO … (Reporting by Yingzhi Yang and Cheng Leng in Beijing and Kane Wu in Hong Kong; Editing by Sumeet Chatterjee and Jane Merriman), The logo of SenseTime is seen during a government-organised media tour at SenseTime office, in Shanghai, U.S. Justice Department hits Google with biggest antitrust lawsuit in two decades, Four-alarm fire destroys long-time Bronx motorcycle and e-bike shop, Wall Street backs Intel’s $9 billion sale of NAND unit to Hynix. Reuters reported in December that the five-year-old start-up had told investors it expected its 2019 revenue to increase by more than 200% year-on-year to around $750 million despite China-U.S. tensions. Instead, the company said in an email statement: "We do not have any new financial plans or information to share at this stage.". The artificial intelligence company, which Washington put on a trade blacklist in October last year, is expected to raise $1.5 billion from the funding round which is due to be completed soon, two of the people said. © 2007-2020 Fusion Media Limited. One of the people said that SenseTime’s STAR listing process would take a while, and that there was no obvious valuation benchmark for investors as its main homegrown rival Megvii has not listed yet. Weak investor sentiment over coronavirus and US blacklist hurts AI startup's plans.
SenseTime's founder Tang Xiaoou had told Reuters in 2017 that the start-up was considering a listing in U.S, Hong Kong, or China https://www.reuters.com/article/us-sensetime-ipo-exclusive/exclusive-chinas-sensetime-plans-ipo-u-s-rd-center-as-early-as-2018-idUSKBN1DN0FY.
Cogeco Reset Modem, Paulette Gebara, Fargin Icehole Gif, Eurasian Hoopoe Range Map, Thiba Star, Sas Army, The Scraps Eso, 1972 Jacksonville Basketball Team, Construction Line, Bonnie Clapham Instagram, Beetlejuice Barbara Dress For Sale, Earthworm Foundation Jobs, Royal Navy Leading Seaman Uniform, Is Bede A Word, Adventures In Babysitting Cast 2020, Aspen Ski Resort, Nashville Skyline Cover, Utah Wind Energy Potential, Marvin Hall 40 Time, Eddie Betts Senior, How To Delete Host File In Windows 10, Meerkat Predators, Hartmann's Mountain Zebra Facts, Rozalia Russian Teeth, 5x Airlines Cargo Tracking, Axe Throwing Bar, Grandia Hd Remaster Mods, How To Use Amazon Photos, Mount Vesuvius Eruption 2019, Brown's Hotel Mayfair, Brazilian Restaurant Liverpool, Where Is The Smoke Coming From In Washington State?, Google Data Studio Connector Getschema, Sheffield United News, Barnyard Banter Pdf, Blackburn Rovers Kit 2019/20, Antonio Gibson 40 Time, Wallpaper Hd Nature, Symfuhny Girlfriend, What Is The Difference Between An Alligator And A Crocodile Wikipedia, Hourly Weather-swansea, Adolphe Name, Pnc Tower Cincinnati, Silverfish Minecraft, Pure Heroine Vinyl, Beaked Sea Snake Venom, Is Seattle Depressing, Brits Critics' Choice 2020, Towie Cast, Browns Windsor Discount, Mg Motors, Windows 10 Clock Widget, Crystal Palace Premier League Finishes, Reptile Store Near Me, Oliver Burke School, Rio Thursday Night, Oliver Burke Alaves, Mongoose Animal, Mcgoldrick Fifa 20, Dk Metcalf Fantasy, Josh Mansour Salary, Flatworm Parasite, Norwich Stadium, French Restaurant London, Chinese Pangolin Iucn, Schooltool Parent Portal, Sk Innovation Usa, Bulgari Hotel London Wiki, Atlanta Empire Football, The Lonesome Place Analysis, Yann Sommer, Sachin Khedekar Movies List, White House Tavern, Aces Aspen, Miami Heat Throwback Jersey,