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China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
The IPO comes after nearly two years of uncertainty following Didi Global's delisting amid regulatory backlash in China, with Beijing easing tensions by resolving a long-standing audit dispute with the US accounting watchdog in December 2022.
Pony AI Fetches $5.25 Billion Valuation as Shares Jump 15% in Nasdaq Debut
(Reuters) - China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each. (Reporting by Niket Nishant and Manya Saini in Bengaluru; Editing by Shilpi Majumdar and Tasim Zahid)
Pony AI’s valuation hits $5.25B after Nasdaq debut
The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share. © 2024 TechCrunch. All rights reserved. For personal use only.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($PONY), a Chinese autonomous driving start-up, debuted on the Nasdaq on Wednesday with its American depositary shares climbing as much as 19%. The company’s valuation has surpassed $5 billion,
1d
on MSN
Pony AI's $260 million IPO gauges U.S. investor appetite for Chinese firms
China's Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the robotaxi ...
13h
Chinese self-driving car firm Pony AI’s shares sink 7% after US IPO
Pony’s pricing was pushed back from last week as the firm increased the deal size and addressed regulator questions.
21h
on MSN
India, already an IPO bright spot, prepares for bigger surge in 2025
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech ...
1d
on MSN
China's robotaxi startup Pony AI raises $260 million in US IPO
(Reuters) -Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the China-based ...
ET Auto
15h
China's Robotaxi co Pony AI raises USD 260 mn in US IPO
Pony AI's listing may show how US investors approach China-based companies under Donald Trump's administration, especially as ...
7d
Uber Said in Talks to Invest in US IPO of China’s Pony AI
Uber Technologies Inc. plans to invest in Pony AI Inc.’s US initial public offering, which is expected to be priced next week ...
3d
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
Chinese startups are increasingly struggling with demands from early-stage venture capitalists to return their investment or ...
1d
Driverless Tech Firm Pony AI’s Shares Sink 7.7% After US IPO
Pony AI Inc.’s American depositary shares jumped 19% in their trading debut after raising $413.4 million in an initial public ...
1d
Pony AI raises $413M in Nasdaq IPO as shares close below initial listing price
Shares in Pony AI ADR closed down $1 today after the Chinese autonomous vehicle startup raised approximately $413 million in ...
9d
Pony AI Nears US IPO as Self-Driving Rivalry With China Heats Up
Autonomous driving startup Pony AI Inc.’s upcoming US initial public offering will be closely watched, as Donald Trump’s ...
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