Fortune

Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors

Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitorsWorldPing

The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China's robotics sector.

This is a short WorldPing brief. The full report was published by Fortune.

Read the full report at Fortune

Related news

Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debutWorldPing
The Guardian

Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut

Company’s robots have gained global fame via videos of them performing martial arts and as dancers for pop stars Unitree, the world’s biggest humanoid robot maker, has made a spectacular entry on to China’s stock market, with its shares surging by mo…

Brief by WorldPing · Original reporting by The Guardian