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…
Megvii
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…
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…
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…
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…
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…
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…
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,…
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…
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…
