Its revenue surging, can co-built fleets help Pony AI drive to profits?
The robotaxi operator has even achieved single-vehicle profitability in Guangzhou and Shenzhen, but high R&D and depreciation costs are undermining its high valuation Key Takeaways: Pony AI's robotaxi revenue surged…
Losses, losses and more losses. How far down the road is WeRide’s profitability?
The robotaxi leader’s latest financial report shows its losses remained stubbornly high in the first half of this year, despite a substantial revenue increase Key Takeaways: WeRide reported its revenue…
Dida eyes road back to revenue growth under Tongcheng umbrella
A majority of the struggling ride-sharing company’s shareholders have agreed to sell their stock to one of China’s leading online travel agents Key Takeaways: Nearly 52% of Dida’s shareholders have…
BRIEF: Pony AI’s Hong Kong stock included in Shanghai Connect program
Robotaxi operator Pony AI Inc. (PONY.US; 2026.HK) said on Wednesday that its Hong Kong-listed stock was included in the Shanghai-Hong Kong Stock Connect program, making it available to Mainland China-based…
BRIEF: Baidu proposes DAA metric for AI, as AI-driven business passes half of revenue
Baidu Inc.’s (BIDU.US; 9888.HK) revenue from its general business grew 2% year-on-year to 26 billion yuan ($3.82 billion) in the first quarter, as its core AI-driven business accounted for more…
China’s robotaxi race hits a safety pause
Baidu’s Wuhan outage, Hello’s Zhuzhou injury accident and a reported pause on new permits suggest China’s autonomous taxi drive is shifting focus to safety Key Takeaways: China’s robotaxi story is…
Lingxing drives into congested Hong Kong ride-hailing IPO lane
The state-backed mobility platform has national scale and a rare profit, but its razor-thin margins and heavy reliance on aggregators could scare off some investors Key Takeaways: Lingxing Technology has…