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Pony AI’s valuation hits $5.25B
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
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’s valuation hits $5.25B after Nasdaq debut
Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.
Pony AI Stock Volatile in Trading Debut
Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the pricing of its initial public offering. The company, which manufactures sensors and software for self-driving vehicles,
2d
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 ...
2d
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
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.
2d
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 ...
1d
on MSN
US market 'hugely important', says Pony.AI CEO
Chinese autonomous vehicle company Pony AI raises $260 million in its Nasdaq debut. CEO James Peng explains the company's ...
3d
Autonomous-driving company Pony AI on deck for stock-market debut
Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as ...
4d
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 ...
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