Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO, with the stock falling 2% on its debut
- Robosense, a Chinese developer of laser imaging, detection and ranging (LiDAR) sensors for self-driving cars, announced January that it had raised HK$985.12 million …
Did you hear? #RoboSense is now listed on HKEX! “Since its establishment, RoboSense's values have centered on safety and intelligence... We will maintain our goal of creating a smarter, safer world [through] new products...” -Dr. Qiu Chunxin, our co-founder & CEO #lidar [image]
📣 #RoboSense has been successfully listed on the Hong Kong Exchanges and Clearing Limited (HKEX), becoming the world's largest #LiDAR company by market value & the first new listing in Hong Kong in 2024! A huge thank you and congrats to the RoboSense team + our partners! #HKEX [i…
Alibaba-backed lidar maker RoboSense dips in Hong Kong debut RoboSense's public listing comes as leading automakers think twice about using lidar in latest models. Chinese EV maker Xpeng included lidar in flagship P5, with self-driving features in 2021, but not in 2024 model....
Shares of Alibaba-backed RoboSense got off to a weak start in their first day of trading in Hong Kong, amid questions over whether costly lidar sensor technology will find favor with makers of self-driving cars. https://asia.nikkei.com/...