By Amber Deter In the summer of 2019, a Megvii IPO was filed with the Hong Kong Exchange. Investors thought they could expect Megvii stock soon after. However, those expectations were not met.
Megvii isn’t a public company yet. But investors shouldn’t worry. The Megvii IPO is on its way. Here’s what we know…
Megvii IPO: The Business
Yin Qi founded Megvii in 2011 with friends Tang Wenbin and Yang Mu. Qi is CEO of the Chinese technology company. It designs image recognition and deep-learning software. One of Megvii’s better known platforms is Face++ for facial recognition.
Megvii’s technology is used by governments and businesses. Some companies …read more
