Meituan fuels embodied AI ambitions while robot IPOs hit Hong Kong despite losses

DIGITIMES • July 12, 2025

Meituan has made another move in the robotics sector, investing US$100 million in Galaxea AI, its second major robotics deal in two months following a stake in Independent Variable Robot Technology (Jinan) Co., according to Yicai. The investment underscores M…

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Meituan fuels embodied AI ambitions while robot IPOs hit Hong Kong despite losses

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