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Self-Driving Startup Pony.ai Said to Plan to Publicly File for US IPO This Week
Autonomous driving startup Pony.ai plans to file publicly for an initial public offering in the US as soon as this week, according to people familiar with the situation.
Chinese Robotaxi Firm Pony AI Files for US IPO
Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss attributable to the company was $51.3 million in the same period, compared with $69.4 million last year.
Pony.ai, one of China’s leading autonomous driving developers, files for US IPO
Last night, Pony.ai, one of China’s most prominent names in autonomous driving and robotaxi rides, filed an IPO prospectus
Global Autonomous Driving Tech Company Pony.ai Files for IPO
The self-driving startup didn’t say how many shares it would list or give an anticipated price range in a filing with the SEC.
Robotaxi pure-play: Pony AI plans for an IPO on the Nasdaq
Chinese autonomous vehicle upstart Pony AI filed for an IPO on the Nasdaq under the trading symbol PONY. The company did not indicate the size of its public offering of shares. Pony AI, founded in December 2016 by James Peng and Tiancheng Lou,
8h
U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving
Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week's big ...
Global Finance
2d
US IPO Market Picks Up Steam As Election Looms
The US IPO market is seeing renewed momentum as the 2024 presidential election approaches, with investors and analysts eyeing ...
3d
Platinum Equity's Ingram Micro Targets up to $5.4 Billion Valuation in US IPO
Ingram is offering 11.6 million shares and parent Platinum Equity is selling 7 million shares priced between $20 and $23 each ...
3d
Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years
Global IPO activity is slowly recovering from the lows of early this year, but transactions are well behind the pace of ...
1d
IPO Recovery to Extend into 2025
With the Nasdaq Stockholm IPO Pulse just below its recent high, IPO activity should stay in an upturn at least into early 2025. The message is similar for the U.S.-focused Nasdaq IPO Pulse.
Spotify
11d
After raising $50m for its US IPO in 2021, Kuke gets sued by classical music group Naxos for alleged $1.8m in missed payments
Indie classical music label group Naxos has sued Kuke, a classical music streaming service from China, alleging that Kuke has ...
Business Times
2d
Hyundai Motor India’s record US$3.3 billion IPO oversubscribed on final day
The US$3.3-billion IPO of Hyundai Motor India, the country’s largest yet, was fully subscribed on its final day on Thursday ...
3d
Ingram Micro targets $5.4bn valuation in US IPO
"Ingram Micro targets $5.4bn valuation in US IPO" was originally created and published by Verdict, a GlobalData owned brand.
2d
Horizon Robotics’ US$700 million IPO boosts Hong Kong’s market after Beijing’s stimulus
Hong Kong’s IPO market is experiencing a surge in activity, driven by Beijing’s stimulus measures and improved investor ...
2d
Lower Rates, Surging Stock Market Fail To Ignite US IPO Market
Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate ...
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