IPO and $2B funding round could be coming for Chinese AI biometrics unicorns
Megvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion…
Alibaba Group - biometrics topics
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Facial recognition competition heating up as Megvii reported in talks with Alibaba to raise $500M
Megvii is seeking at least $500 million in new funding, and is in talks with Alibaba Group Holding Ltd. and…
Majority of payments to Alibaba for world’s biggest online shopping day verified with biometrics
November 11 is known as “Singles Day” in China, and is the biggest day of the year for retailers in…
Fliggy launches facial recognition ticketing for tourist destinations
Alababa’s online travel agency Fliggy has launched facial recognition ticketing at Xixi National Wetland Park in Hangzhou as the first…
Alibaba subsidiary and Shiji integrate facial biometric check-in at 50 hotels in China
Hotel information system provider Shiji and Alibaba’s Fliggy (formerly AliTrip) have integrated facial authentication for hotel check-in and credit authorization…
Alibaba and TAS partner to bring facial and voice recognition to Australian financial sector
Alibaba Cloud and Australian technology provider TAS have formed a partnership to bring Alibaba’s facial recognition, artificial intelligence, and data…
Etron supplying visual sensor modules to self-service Alibaba store
Alibaba online payment arm Ant Financial has adopted 3D wide-angle sensor-based recognition modules from Taiwanese integrated circuit designer Etron for…
Alibaba and SenseTime partner for Hong Kong AI accelerator
Alibaba Group, SenseTime, and the Hong Kong Science and Technology Parks Corp. (HKSTP) have partnered to create a new accelerator…
Orbbec raises $200 million in funding round led by Ant Financial
3D motion sensor company Orbbec has raised $200 million in a Series D funding round led by Alibaba Group investment…
Biometrics industry stocks this week
Not even a full month into the new year and already stock indexes have topped the predictions for full year…
