Chinese cloud robotics developer CloudMinds seeks US IPO

China Daily (Europe) | Jul 14, 2019 at 12:00 AM
  • Chinese cloud-based robotics company CloudMinds Inc filed for an initial public offering (IPO) on the US stock market.
  • The market size of total global robotics, measured by sales value, registered $75.5 billion in 2018 and is expected to reach $201.0 billion in 2023.
  • The sales value of global cloud robotics is expected to hit $103.0 billion in 2023.