VC-backed Chinese AR start-up raises $26m in US IPO
WiMi Hologram Cloud, a PE-backed Chinese augmented reality (AR) technology developer, traded flat on its opening day on NASDAQ following a $26.1 million IPO.
It is said to be the first successful public offering on a US exchange since the World Health Organization designated the coronavirus outbreak a pandemic. According to AVCJ Research, this is only the fourth...
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