Face biometrics giant Megvii approved for $925M IPO on Shanghai Star exchange
Megvii is the latest biometrics unicorn from China to move towards an IPO, with the Shanghai Stock Exchange accepting the…
Megvii
Huawei, Megvii, SenseTime patents describing biometric ethnicity detection, tracking revealed
Huawei and other China-based firms have attempted to protect technologies related to their ethnicity-tracking biometrics with patents, IPVM has discovered. The tech…
Megvii tries again for major biometrics IPO on Shanghai’s Star exchange
Megvii has filed paperwork for an initial public offering on the Shanghai Star Market, South China Morning Post reports, in what could…
Huawei allegedly partnered on more biometric ethnicity-tracking systems
Reports have surfaced about Huawei’s partnerships with companies that further implicate the company in collaboration on discriminatory surveillance product development…
Huawei accused of using ethnicity-based biometrics to develop alert for Chinese authorities
In a development that might finally get U.S. biometrics firms to walk the corporate-responsibility talk when it comes to how…
China’s biometrics unicorns on the move as CloudWalk applies for $573M IPO
Chinese face biometrics and artificial intelligence solutions provider CloudWalk is working towards initial public offering on the Shanghai stock exchange…
Megvii extends face biometric access control to five international markets
Megvii has launched its biometric access control solution Koala to Japan, Singapore, Thailand, Brazil, and the United Arab Emirates to help…
Alibaba and China Mobile rumored to be investing $443M in Dahua’s biometric surveillance business
Dahua may be in line for a major investment in its biometric surveillance business from Alibaba and China Mobile, with Reuters reporting…
Megvii partners with Storefriendly for automated warehouse solution with biometric authentication
Megvii has launched a warehouse automation solution with facial biometrics and smart logistics capabilities that it claims can improve space utilization…
Biometrics unicorns Megvii and SenseTime’s revenues reportedly bounced back from Entity List impact
Top Chinese biometrics unicorns Megvii and SenseTime are not experiencing prolonged difficulty raising funds or winning foreign contracts despite the blocks put…
