{"id":34844,"date":"2016-11-23T15:34:34","date_gmt":"2016-11-23T07:34:34","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=58041"},"modified":"2016-11-23T15:34:34","modified_gmt":"2016-11-23T07:34:34","slug":"foxconn-invests-20m-in-chinese-image-recognition-start-up-megvii","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/11\/23\/foxconn-invests-20m-in-chinese-image-recognition-start-up-megvii\/","title":{"rendered":"Foxconn Invests $20M In Chinese Image Recognition Start-Up Megvii"},"content":{"rendered":"<img width=\"580\" height=\"388\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/megvii.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"megvii\" style=\"display: block; margin: auto; margin-bottom: 5px;\" srcset=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/megvii.jpg 580w, http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/megvii-300x201.jpg 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>Foxconn, also known as Hon Hai Precision Industry Co., Ltd., has invested US$20 million in Chinese image recognition start-up Megvii Technology, according to a disclosure filing. The investment is done via a subsidiaries, Foxteq Holdings, which bought 2.275 million Megvii shares, or a 3.286% stake. The share purchase is part of a bigger fundraising round [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"580\" height=\"388\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/megvii.jpg\" alt=\"megvii\">Foxconn, also known as Hon Hai Precision Industry Co., Ltd., has invested US$20 million in Chinese image recognition start-up Megvii Technology, according to a disclosure filing. The investment is done via a subsidiaries, Foxteq Holdings, which bought 2.275 million Megvii shares, or a 3.286% stake. The share purchase is part of a bigger fundraising round [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[807,194,1623],"tags":[7465,7593],"class_list":["post-34844","post","type-post","status-publish","format-standard","hentry","category-investments","category-news-chinese-law","category-venture-capital","tag-face-recognition","tag-fund-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/167"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=34844"}],"version-history":[{"count":2,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34844\/revisions"}],"predecessor-version":[{"id":34994,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34844\/revisions\/34994"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=34844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=34844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=34844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}