Starbucks clears its China tables, as the robotics bubble quietly deflates
"There’s no way they can compete with Luckin Coffee and a cup of coffee at 9 yuan, They’ve got to go for the premium experience" – on Starbucks' decision to…
Yunji bills itself as China’s ‘Tesla of robotics.’ But investors need convincing
Known for its hotel-use robots, the company compares its new pay-for-use revenue model to the model used by Tesla and robotaxi operators Key Takeaways: Yunji’s business model is shifting to…
Yunji rolls out red carpet for investors with Hong Kong IPO
The maker of scenario-based, AI-empowered robots, mostly used in hotels, raised about $76 million, as it becomes the first maker of flexible, service-based robots to list in Hong Kong Key…
BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…
Yunji rides robotics wave to Hong Kong IPO with A-list of backers
Digitization of China’s hospitality sector is boosting demand for related robots, providing fertile ground for the company’s products Key Takeaways: Yunji Technology has filed to list in Hong Kong, reporting…
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