BRIEF: Pony.ai drops 7.7% in Nasdaq debut
Shares of robotaxi operator Pony.ai (PONY.US) fell 7.7% in their Nasdaq trading debut on Wednesday, after the company raised $260 million by selling 20 million American depositary shares (ADS) priced…
BRIEF: Pony.ai to raise up to $200 million from U.S. listing
Robotaxi operator Pony AI Inc. (PONY.US) plans to sell 15 million American depositary shares (ADS) at a price range of $11 to $13 per ADS in its upcoming Nasdaq IPO,…
BRIEF: China Approves WeRide’s Nasdaq IPO Application
China’s securities regulator approved an application for a U.S. IPO by robotaxi operator WeRide Inc., paving the way for the company to raise up to $400 million in one of…
PODCAST: WeRide’s Spin with Uber, and Starbucks’ New China CEO
Uber will offer WeRide robotaxi services starting in the UAE. Is this a big deal, or mostly symbolic? And Starbucks names a new China CEO to revive its flagging local operation. Will that be enough to tackle the challenge from low-price companies like Luckin and Cotti?
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…
Chenqi bets big on robotaxis in Hong Kong IPO
The ride-sharing company’s listing could raise up to $167 million as its shares get set to debut next Wednesday Key Takeaways: Shares of Chenqi will make their trading debut next…
Pony.ai gallops towards U.S. listing with eye on lower-tech autonomous driving
The company known for its robotaxis has been approved by China’s securities regulator to list in New York, as it downshifts its ambitions to boost its revenue more quickly Key…