Market Chatter: Chinese Tech Startup Unitree Robotics Denies Ant Group, China Mobile Investment Reports

MT Newswires Live

Apr 02

Chinese technology start-up Unitree Robotics dispelled media reports that Alibaba (HKG:9988) affiliate Ant Group and China Mobile (HKG:0941, SHA:600941) will invest in the startup, The Standard reported Tuesday.

The report by Caijing, citing sources, said the investment will entail a selective allocation of shares to specific investors, The Standard said.

Unitree's valuation in this funding round is below 10 billion yuan, according to The Standard.

Some investors have tried to invest in the start-up but have not succeeded, The Standard said, citing Caijing.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"80883","symbol_name":"中国海洋石油-R","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2524484594","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524484594","pubTimestamp":1743572601,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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