Reported about 5 hours ago
Chinese robotaxi startup Pony AI has successfully raised $260 million through its initial public offering (IPO) in the United States, achieving a valuation of approximately $4.55 billion. The company sold 20 million American depositary shares at $13 each. This comes as a signal of U.S. investment trends in China-based companies, particularly in the autonomous driving sector, amid a wave of Chinese firms entering U.S. capital markets.
Source: YAHOO