Many technology files of Hong Kong IPO Chinese Space Design Company
Chinese Start it Manycore Tech, the world’s largest spatial design platform operator, is First public recruitment (IPO) in Hong Konglapsed three years after attempting to put the list on the Nasdaq Stock Exchange.
Jointly sponsored Manycore IPO submission jpmorgan Also, CCB International did not provide the amount it plans to raise in Hong Kong. A Bloomberg report said last year that the company has attracted US$200 million in its potential revenue.
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Citing data from research firm Frost & Sullivan, Manycore has announced that it has been the world’s largest spatial design, measured by the largest software provider in China’s spatial design industry, measured by the average number of monthly active users in 2023 and revenue. It promoted its position as a platform. “In the same year, according to a startup submission on Friday.
Spatial design deals with a more conceptual and analytical approach to studying how space affects human behavior and social interactions. In comparison, interior design focuses on practical and aesthetic elements that make space functional and visually appealing.
Founded in 2011 by three Chinese alumni from the University of Illinois Urbana-Champaign University, Manycore has raised funds from major investment companies such as IDG Capital, Hillhouse Investment and Coatue Management. According to Furnising Industrial Media 77d, Manycore’s valuation reached US$2 billion after the 2020 funding round.
Manycore’s proposed IPO, which works primarily under the subscription model, could further refine Hangzhou’s credentials – e-commerce giant Alibaba Group Holdings -As China’s outstanding high-tech hub, Shenzhen Southern Guangdong Province. Manycore is the first of the Little Dragons in Hangzhou, and has submitted a public list. Alibaba owns a South China morning post.
Part of the facade of Manycore Tech’s office building in Hangzhou, the capital of East Z Jiang Province. Photo: SINA ALT = Facade section of the office building of Manycore Tech in Hangzhou, in the capital of East Z Jiang Province. Photo: China>
According to official data, Hangzhou’s “Core Digital Economy Industries” contributed to 630.5 billion yuan (US$86.7 billion) in 2024, an increase of 7.1% from the previous year, accounting for almost all of the matter. One third of the city’s gross domestic product.