U.S. IPO from Pony AI gains 16% in warm reception for Chinese autonomous driving company
An initial public offering from Pony AI Inc. rose 16% in early trades on Wednesday in a welcoming sign from Wall Street for the China-based maker of technology for self-driving taxis and trucks. Pony AI's stock first traded at $15 a share,
Chinese Driverless-Tech Firm Pony AI Said to Raise $260 Million in US IPO
Pony AI Inc. raised $260 million after pricing its US initial public offering at the top of the marketed range, according to people familiar with the situation, signaling strong investor interest for autonomous-driving technology and Chinese listings in New York.
Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the ...
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(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5 ...
Chinese companies had been avoiding U.S. listings due to geopolitical tensions, but now they have fresh reason to consider U.S. markets again.
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The U.S. IPO pipeline is showing off a few big names this week. Among the many listings, investors await autonomous driving ...
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