Chinese artificial intelligence (AI) firm LAIX Inc. which operates the online English language learning platform Liulishuo, is planning to hit the US market with an initial public offering size of US$100 million, according to the prospectus. LAIX had confidentially filed for floating IPO on June 13, 2018, without disclosing any financial terms. But the company had confirmed Morgan Stanley and Goldman Sachs as the joint underwriters on the deal. The company would trade under the ticker symbol "LAIX". Upon completion of …

China’s AI-Powered English Teacher LAIX Files For US$100M US IPO appeared first on China Money Network.


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