Megvii Aiming for Nevember IPO Despite Blacklisting: Report
“The blacklisting does not prevent companies from purchasing Megvii’s products and services, but it does prevent companies from selling to Megvii, which means that Megvii has been unable to buy things like Nvidia processors used in its business.” China-based facial recognition specialist Megvii is preparing to push ahead with a planned IPO on the Hong…