A profile of Hangzhou-based Unitree, which shipped 5,500 humanoid robots in 2025, accounting for 25%+ of the global market, as it prepares for a Shanghai IPO (Charlie Campbell/Time)

Charlie Campbell / Time:
A profile of Hangzhou-based Unitree, which shipped 5,500 humanoid robots in 2025, accounting for 25%+ of the global market, as it prepares for a Shanghai IPO  —  Spectators typically leave a UFC fight with ringing ears and a sheepish resolve to get back to the gym.  Wang Xingxing went straight to his laboratory.