WiMi IPO: Chinese Holographic Company Goes Public

By Amber Deter A WiMi IPO was first announced in June 2019. Now, during the coronavirus outbreak, WiMi decided to launch its IPO. And WiMi stock hit the market with success.
Here’s what we know…
WiMi IPO: The Business

WiMi Hologram Cloud (Nasdaq: WIMI) is a Chinese tech company founded in 2015. It offers augmented reality (AR)-based holographic services and products. Currently, the company has advertising services and entertainment products. It aims to provide “an innovative, immersive and interactive holographic augmented reality experience for [its] customers.”
Platforms such as Google and Apple now have tools that make access to AR content easier. According to Frost and Sullivan, …read more

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