China’s SenseTime valued at $4.5 billion after $600 million funding led by Alibaba: sources

Xiaomi says pushing for smartphone component suppliers to invest in India
April 9, 2018
Xiaomi pushes for smartphone component suppliers to invest in India
April 9, 2018
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HONG KONG (Reuters) – Chinese facial recognition technology developer SenseTime Group Ltd has closed a $600 million funding round led by Alibaba Group Holding Ltd, bringing its value to around $4.5 billion, two people with knowledge of the matter told Reuters.