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International Business Times
International Business Times

China's Dancing Robot Star Unitree Heads For A Record IPO. Investors Want In.

Unitree sold more than 5,500 humanoid robots worldwide last year as revenue increased more than tenfold in two years. (Credit: Getty Images)

Chinese robot maker Unitree is preparing to make its stock market debut after raising 6.1 billion yuan, or about $905 million, in a heavily oversubscribed initial public offering.

The Hangzhou-based company is scheduled to begin trading in Shanghai on Wednesday, becoming the first humanoid robot maker to list in mainland China.

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