Tuesday, 4 August, 2026
Tech Titans Unleashed: Unitree Set for $7.4 Billion Shanghai IPO
By TechShots Studio
Chinese humanoid robot maker Unitree Technology is projected to reach a valuation between 50.6 billion and 55.9 billion yuan ($7.4 billion) following its Shanghai STAR market IPO, according to sponsor Citic Securities. Aiming to raise 4.2 billion yuan to scale production and R&D, the Tesla and Boston Dynamics competitor continues its rapid growth despite mounting US market and regulatory scrutiny.
Read full story at REUTERS