Lingban Technology (Hangzhou) Company, better known as Rokid, is gearing up for an initial public offering in Hong Kong this month, according to the South China Morning Post. The AI glasses maker, whose main international rival is Meta with its Ray-Ban Meta glasses, has already raised some $28 million of fresh capital this year, bringing in new shareholders such as Hunan-based Lens Technology, which supplies Apple and Samsung; and SenseCapital, the venture capital arm of SenseTime, an AI company
Subscribe or login to read the rest.
Subscribers get full access to:
- Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
- A weekly curated reading list on China from Andrew Peaple.
- A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our
Subscriptions page for details.
Includes images from Depositphotos.com