Sensetime seeks Private Funding
Bild: Sensetime Group Ltd.

Chinese artificial intelligence startup Sensetime Group has deferred its plan for an up to $750m initial public offering in Hong Kong this year and instead aims to tap private markets. SenseTime, which counts Alibaba Group Holding, Qualcomm and SoftBank Group among its backers, is joining the list of companies scrapping share-sale plans as the novel coronavirus outbreak batters markets.

Sensetime Group Ltd.
https://asia.nikkei.com/Business/China-tech/SenseTime-to-seek-up-to-1bn-private-funding-deferring-Hong-Kong-IPO

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