China’s AI giant SenseTime postpones IPO after US blacklisting

SenseTime, one of China’s most valuable AI solution providers, is putting its $767 million public listing on hold, the company said Monday. The announcement came three weeks after the Hong Kong Stock Exchange gave the go-ahead to SenseTime’s IPO. On December 10, the U.S. Department of Treasury added the firm to a list of “Chinese […]

China Roundup: Kai-Fu Lee’s first Europe bet, WeRide buys a truck startup

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical headwinds for foreign tech firms to enter China, many companies, especially those that find a dependable partner, are still forging ahead. For this […]