Announced
Alibaba invested $750m in Megvii Technology.
Synopsis
Alibaba invested $750m in Megvii Technology, a leading China-based artificial intelligence company. The new capital injection lifts the company’s valuation to just north of $4bn as it gears up for its IPO later this year.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.