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Alibaba, Tencent Among Early Backers For Yunji's Hong Kong IPO Amid China's Hospitality Robotic Boom

Benzinga LogoBenzinga2d ago

Alibaba, Tencent Among Early Backers For Yunji's Hong Kong IPO Amid China's Hospitality Robotic Boom - Benzinga

Quick Summary:

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 its revenue grew nearly 70% last year

The maker of robots for the hospitality sector boasts a star-studded list of early investors, including tech giants Alibaba and Tencent Robotic stocks are on a roll these days, fueled in part by hype from the likes of Nvidia's celebrity CEO Jensen Huang, who has hailed the dawning of a new robotic era at several recent events.

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Alibaba, Tencent Among Early Backers For Yunji's Hong Kong IPO Amid China's Hospitality Robotic Boom - Benzinga (Picture 1)

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Article Details

Author / Journalist: The Bamboo Works

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 13:49:30 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1063 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27515454

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 24 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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