SenseTime gets go ahead for Hong Kong IPO – sources
Information about SenseTime gets go ahead for Hong Kong IPO – sources
Kevin David Scam or Legit
By Kane Wu and Scott Murdoch
HONG KONG (Reuters) -Chinese artificial intelligence startup SenseTime Group has received approval for an initial public offering in Hong Kong, according to two sources with direct knowledge of the matter.
Reuters reported in August the company was planning to raise up to $2 billion in the deal, based on information from sources.
The sources declined to be identified as the information has not yet been made public.
A SenseTime spokesperson declined to comment.
Hong Kong-based SenseTime is backed by major investors such as SoftBank Vision Fund and Alibaba Group Holdings
The company provides technology-based applications, including facial recognition, video analysing and …