Chinese Drone Maker DJI Rumored to Be Preparing Hong Kong IPO
According to an industry source, China-based drone pioneer Da Jiang Innovation (DJI) is currently involved in a few equity financing projects. The company may have plans to go public in Hong Kong in 2021. "We have not received such information yet internally," the company replied to the rumors.
As Financial Times reported on July 24, the drone control app made by DJI has been reportedly collecting users’ information in the United States, posing cybersecurity risks. Thus, the company is quite likely to face the risk of losing the US consumer market. An IPO can be a fairly safe choice to enhance its risk tolerance.
This text is a result of machine translation.
Related companies：
Briefing Oct 20, 2023 06:03 PM
· Technology
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
In-depth
Technology
From Startup to 'Apple of Drones' – DJI's Technology and Product Magic [1/2]
With the most recent series of financing, the valuation of China's DJI – the company that possesses 74% of the global consumer drone market – surpassed USD 15 billion, ranking it among the top tech unicorns worldwide.
Jul 31, 2020 10:48 PM
Briefing Feb 23, 2023 10:59 AM
· Technology
Power Device Company Maplesemi Completes Series A+ Financing Round
Briefing Feb 23, 2023 10:53 AM
· Technology
Acoustic Technology Company Audfly Completes Series B Financing Round
Jan 30, 2024 07:59 PM
Dec 11, 2023 08:49 PM
Jan 05, 2023 07:33 PM
Nov 08, 2022 08:32 AM
Briefing Feb 23, 2023 10:36 AM
· Technology
Intelligent Industrial Drone and UAV Systems Developer I-KINGTEC Closed A Series C+ Financing Round
Briefing Feb 01, 2023 03:53 PM
· Technology
3D Printing Company Easy 3D Made Completes Series B Financing Round
Briefing Feb 01, 2023 03:49 PM
· Technology
Bioanalytical Company InterBio Completed Pre-A Round of Financing
Briefing Dec 30, 2022 10:58 AM
· Technology
Robot Company Rossum Raises Hundreds of Mns of CNY in Series C Round
Technology
Huawei Tops Hurun China Consumer Electronics List, Valued at CNY 1.1 Trillion
Released on October 12, 2020, the 'Hurun China Top 10 Consumer Electronics Firms List' credits the leading Chinese companies in PC making, smartphones, drones, wearables and manufacturing according to the market cap or valuation.
Oct 12, 2020 03:21 PM
Briefing Dec 28, 2022 09:08 PM
· Technology
Drone Company i-KINGTEC Raises Hundreds of Mns of CNY in Series C Round
Briefing Dec 26, 2022 06:20 PM
· Technology
PIQS Completed the Series B Funding Round
Briefing Dec 14, 2022 10:50 AM
· Technology
Robot Developer Gosion Robot Bags Tens of Mns of CNY from Angel+ Financing Round
Technology · Analysis
Will China's DJI, the 'Apple of Drones,' Outcompete Intel and Qualcomm Again? [2/2]
With its most recent series of financing, the valuation of China's DJI – the company that possesses 74% of the global consumer drone market – surpassed USD 15 billion, placing it among the top tech unicorns worldwide.
Aug 09, 2020 12:32 PM
Briefing Dec 01, 2022 09:16 PM
· Technology
Robotic Company Rokid Bags CNY 1.25 Bns in Series D Funding Round
Briefing Dec 01, 2022 08:43 PM
· Technology
Security Electronic Company Yuan Electron Secures Hundreds of Mns of CNY in Series C+ Financing Round
Briefing Jul 09, 2020 05:28 AM
DJI Signs Strategic Cooperation Agreement with Shengtong Printing
Briefing Jul 05, 2020 02:13 PM
· Technology
DJI's Frank Wang: Making Smartphones Is Easier than A/C in China
See more
Read next
Insight
In-depth
Consumer Staples · Analysis
Chinese Cuisine Brand YGF Malatang Ventures into Brazil
Apr 23, 2024 02:21 PM