UBTech's U1 companion humanoid robot generated $334M in pre-orders within four weeks of launch, with 5,000 units ordered at prices up to $137,500.

The Hong Kong-listed robotics company is targeting companionship, eldercare and romance-game applications as it seeks a second growth engine

UBTech's U1 companion humanoid robot generated $334M in pre-orders within four weeks of launch, with 5,000 units ordered at prices up to $137,500.