Unitree's IPO: A Glimpse into China's Robotics Ambitions Unitree Robotics, a Hangzhou based firm, is set to launch its initial public offering (IPO) next week in Shanghai.
This milestone marks another step in the escalating US China robotics rivalry. The IPO follows a profitable business model and impressive revenue figures – 1.
7 billion yuan ($251 million) last year – that have established Unitree as one of China's most innovative robotics companies.