BRIEF: Black Sesame’s revenue jumps more than 50%
Intelligent driving technology company Black Sesame International Holding Ltd. (2533.HK) said on Monday that its 2024 revenue jumped 51.8% year-on-year to 474 million yuan ($65.5 million), as the company reported a net…
BRIEF: Black Sesame to raise $160 million through share placement
Intelligent driving technology company Black Sesame International Holding Ltd. (2533.HK) said on Wednesday it will raise about HK$1.24 billion ($159 million) through a new share placement, becoming the latest Chinese…
Black Sesame emerges as dark horse in driving technology race
The smart car technology maker’s shares are down since their trading debut last August, lagging strong gains for other recently listed peers Key Takeaways: Black Sesame’s revenue rose about 52%…
WeRide drives into Uber partnership, as U.S. listing plan idles
The robotaxi operator will offer its service to Uber users starting in the UAE, though the pair don’t plan to work together in the U.S. or China for now Key…
FAST NEWS: Black Sesame rebounds slightly after plunging on trading debut
The Latest: Shares of autonomous vehicle chipmaker Black Sesame International Holding Ltd. (2533.HK) rebounded slightly on Friday, after plunging 27% on their trading debut the previous day. Looking Up: The…
Black Sesame steers towards $140 million Hong Kong IPO
The chipmaker is the latest in a growing list of autonomous driving concept stocks aiming to tap financial markets in Hong Kong and the U.S. Key Takeaways: Black Sesame is…
WeRide merges into crowded field of autonomous driving IPOs
The robobus and robotaxi maker hopes to win over investors with its early-mover status and autonomous driving permits for 30 cities in seven countries Key Takeaways: WeRide has filed for…
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