Business Chief APAC+ANZ Magazine January 2020 | Page 79

CEO YIMING ZHANG

2012

YEAR FOUNDED

HQ

BEIJING CHINA
79

09 Megvii

TECHNOLOGY

Less publicly prominent than some of the companies on this list , Chinese AI company Megvii is nevertheless a cause of significant disruption thanks to its facial recognition technology . In August , the company filed for an initial public offering on the Hong Kong stock exchange . The company ’ s services have been employed by the likes of Alibaba , Ant Financial and the Chinese government . Of particular note is the company ’ s Face ++ product , an open platform for image recognition of faces and bodies .
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