Qiming-backed TouchPal maker CooTek raises $52m in US IPO

Qiming-backed TouchPal maker CooTek raises $52m in US IPO

Trading floor of the New York Stock Exchange (NYSE).

Shanghai-based AI-enabled mobile internet firm CooTek, the developer of mobile devices input software TouchPal, raised $52 million in its IPO after pricing its shares at $12, the low end of its range.

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