Fortior hopes to ride China chip wave to high valuation
The maker of microchips used in BLDC motors has filed for a Hong Kong IPO that could raise several hundred million dollars Key Takeaways: Fortior has becoming the latest Chinese…
Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset
Horizon Robotics and WeRide have raised more than $1 billion combined in their IPOs in Hong Kong and New York. And Alibaba looks to sell its RT-Mart hypermarket chain.
BRIEF: WeRide raises $440 million in Nasdaq IPO
Shares of Robotaxi operator WeRide Inc. (WRD.US) rose 6.8% in their trading debut on Friday, as the company raised $440.5 million in one of the biggest New York IPOs by…
Horizon Robotics debuts strongly, fueled by autonomous driving boom
The autonomous driving technology company will use proceeds from its IPO to capture market opportunities to further drive its revenue and margin growth Key Takeaways: Horizon Robotics raised HK$5.41 billion…
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…
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…