FB pixel

Haidian District
Beijing, China


Website: megvii.com

Megvii Technology Limited operates a face detection, recognition, and analysis platform for Websites, mobile applications, and smart televisions. It offers an online API; offline SDKs to enterprise partners with license charge; and customized cloud services for enterprise partners with service charges. The company offers face detection/tracking, facial point detection, smile analysis, gender/age/race analysis, face verification, face recognition, and large-scale face search solutions. Megvii Research USA is the first North America branch of Megvii / Face++.

Megvii Biometrics News


CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response

CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to…

Apr 6, 2020

Megvii registers major biometrics revenue fall following U.S. trade blacklist

Chinese AI company Megvii suffered a major blow in terms of revenue after it was included on the U.S. trade…

Apr 1, 2020

Politically closed China keen on programmatically open AI

The Chinese news service Xinhua is reporting that that nation’s authoritarian government is promoting the use of open-source artificial intelligence…

Feb 24, 2020

Megvii to refile for lapsed blockbuster biometrics IPO in Hong Kong by end of March

Although currently still on a U.S. blacklist, biometrics unicorn Megvii is refiling for the Hong Kong IPO, writes Reuters, after…

Feb 10, 2020

SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisis

The Coronavirus outbreak is providing challenges for Chinese authorities that may also be opportunities for biometrics companies like SenseTime and…

Jan 6, 2020

Megvii gets green light for $500 million Hong Kong IPO

Chinese artificial intelligence unicorn Megvii received a green light from the stock exchange for $500 million Hong Kong IPO, Reuters…

Nov 25, 2019

Major biometrics IPO delayed as committee requests more info from Megvii

Regulators in Hong Kong have asked Megvii for more information on its planned initial public offering (IPO), in what Reuters…

Nov 19, 2019

Megvii advances approval request for blockbuster biometric IPO in Hong Kong

Despite being placed on the U.S. government blacklist for its biometric facial recognition platform Face++, alongside other Chinese technology developers…

Nov 7, 2019

Idex restructures and Megvii denies IPO delay as biometrics industry grapples with broad market shifts

A major shift in the fingerprint sensor market has motivated Idex Biometrics to restructure its business, while a major shift…

Oct 17, 2019

Megvii pushes ahead with IPO plans as biometrics market grapples with ban fallout

The potential blockbuster initial public offering of biometric facial recognition unicorn Megvii is still being planned for early November, despite…

Oct 15, 2019

Taiwan to investigate biometrics company Megvii following U.S. blacklisting

After Chinese biometrics company Megvii was blacklisted by the U.S. government last week, Taiwan Economics Minister Sheng Jong-chin announced at…

Oct 9, 2019

Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link

Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…

Oct 8, 2019

U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers

The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…

Sep 3, 2019

Biometrics stocks update: Zwipe explores new listing, Ambarella earnings, Megvii IPO

Biometrics companies which are publicly traded or planning to soon be are experiencing the uncertainty of the developing smart cards…

Aug 30, 2019

Business and development opportunities top this week’s biometrics and digital ID news

During a week of mostly good news for the biometrics industry, top stories on Biometric Update broadly follow themes of…

Aug 26, 2019

Megvii commits to guard against weaponization of facial recognition technology

As controversial debates and protests against the ethical use of facial recognition technology in daily operations increase around the world,…

Aug 23, 2019

Megvii to file for Hong Kong IPO despite protests and facial recognition controversy

Biometrics unicorn and Face++ maker Megvii is about to file for its initial public offering on the Hong Kong Stock…

Jun 27, 2019

Megvii and ams partner to bring 3D facial biometrics to any smart device

Austria-based sensor specialist ams AG has formed a joint development partnership with Megvii to work on plug-and-play solutions for 3D…

Jun 6, 2019

Megvii cleared of supplying biometrics for Chinese surveillance app but may still delay IPO

Biometric facial recognition technology from Megvii’s Face++ was not in fact used in the Integrated Joint Operations Platform (IJOP) used…

May 28, 2019

U.S. considers blacklisting Megvii, Hikvision and other Chinese biometric companies

Hikvision, Megvii, and other Chinese biometric companies could soon be blocked from acquiring components and software from American suppliers by…

The ID16.9 Podcast

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics