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Pony AI’s valuation hits $5.25B
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Pony.ai Shares Fall After Nasdaq Debut
Shares of China-based autonomous driving company Pony.ai were up around 19% in early trading Wednesday after the company made its Nasdaq debut.
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.
8h
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 ...
23h
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 ...
7h
Pony AI Stock Falls Over 7% After IPO Pricing At $13, Rebounds Nearly 3% In After Hours
Pony AI Inc debuted on the Nasdaq Global Select Market today, pricing its initial public offering at $13 per ADS. The ...
16h
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 ...
6h
on MSN
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics ...
Transport Topics
18h
Self-Driving Startup Pony AI Raises $260M in IPO
The Guangzhou-headquartered company priced its American depositary shares at $13 each, the people said, asking not to be ...
1h
China's Robotaxi Firm Pony AI Looks To Diversify Supply Chain After Nasdaq Debut, Growing Competition With Tesla, Waymo, And Amazon
Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market ...
2d
on MSN
IPO Roundup: Pony AI, ServiceTitan and more
The U.S. IPO pipeline is showing off a few big names this week. Among the many listings, investors await autonomous driving ...
13h
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, ...
18h
on MSN
Pony AI rises 17% from IPO price in positive sign for Chinese listings as thaw eases
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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