China robotics industry cools down as top maker of robot waiting staff slashes jobs

  • The founder of Pudu Technology, which raised a billion yuan last year, says the company needs to lay off some staff to survive
  • As China’s population ages and labour costs rise, some people have hoped that robots could gradually replace human beings in some jobs

Catering robots developed by Pudu Tech have been adopted by thousands of restaurants in China, as well as some in foreign countries including Singapore, South Korea and Germany. Photo: Handout

A major Chinese maker of robot waiting staff is cutting jobs in the company, in a sign that the country’s robotics industry is cooling down, as the prospects of profitability remain remote.

Shenzhen-based Pudu Technology, which received 1 billion yuan (US$149 million) from investors including Tencent Holdings, Meituan and Sequoia Capital in a fundraising round last year, will start laying off employees, according to a leaked letter from founder and CEO Felix Zhang Tao.
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