In today’s briefing:
- Minieye Technology IPO: Valuation Multiples Appear Justified Given Top-Line Growth of 30%+
Minieye Technology IPO: Valuation Multiples Appear Justified Given Top-Line Growth of 30%+
- Minieye Technology, a fast-growing provider of intelligent driving and cabin solutions in China, will price its IPO this week.
- The company was backed by CICC Capital, Beijing Siwei, Shenzhen Zeyi, and Mr. Wu Yongming, the current CEO of Alibaba, among others.
- IPO valuation multiples appear justified given the company’s top-line growth of 30%+ and full-stack in-house R&D capabilities.
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