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Unitree Robotics' Annual Revenue Tops RMB1B with ~1K Employees Recruited, Says Wang Xingxing
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Wang Xingxing, Unitree Robotics' CEO, revealed at the Tianjin Summer Davos Forum that the company's annual revenue has already exceeded RMB1 billion. When Unitree Robotics was founded in 2016, Wang was the only one working in the company, but now it has hired about 1,000 employees, he added. Wang attributed Unitree Robotics' rapid advancement in recent years to the market's increased attention to the embodied intelligence industry, saying that the robotics sector has become the world's most talked-about industry apart from AI, which constitutes a fundamental driving force for the company's development. Earlier, Unitree Robotics completed its C round of financing, raising about RMB700 million and increasing its valuation to about RMB12 billion, Chinese media reported. The financing was led by CHINA MOBILE (00941.HK)'s fund, TENCENT (00700.HK), BABA-W (09988.HK), Ant Group and Geely Capital, followed by most of the existing shareholders. AAStocks Financial News |
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