Kai-fu Lee, Chairman of Sinovation Ventures, thinks AInnovation can reach a valuation $1 billion to $2 billion in an IPO in mainland China. (Picture: Edward Wong/SCMP)
Kai-fu Lee, Chairman of Sinovation Ventures, thinks AInnovation can reach a valuation $1 billion to $2 billion in an IPO in mainland China. (Picture: Edward Wong/SCMP)
Abacus /  Tech

Kai-Fu Lee thinks AInnovation could be worth $1 billion in China IPO

The former president of Google China owns the AI company that sells services to companies like Mars, Nestle and Foxconn.

Bloomberg
Bloomberg

Updated: 9:11am, 20 Sep, 2019

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Kai-fu Lee, Chairman of Sinovation Ventures, thinks AInnovation can reach a valuation $1 billion to $2 billion in an IPO in mainland China. (Picture: Edward Wong/SCMP)
Kai-fu Lee, Chairman of Sinovation Ventures, thinks AInnovation can reach a valuation $1 billion to $2 billion in an IPO in mainland China. (Picture: Edward Wong/SCMP)
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