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Pony AI’s valuation hits $5.25B
Pony AI’s valuation hits $5.25B after Nasdaq debut
Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Pony.ai Shares Fall After Nasdaq Debut
Shares of China-based autonomous driving company Pony.ai were up around 19% in early trading Wednesday after the company made its Nasdaq debut.
1d
on MSN
US market 'hugely important', says Pony.AI CEO
Chinese autonomous vehicle company Pony AI raises $260 million in its Nasdaq debut. CEO James Peng explains the company's ...
2d
on MSN
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics ...
2d
Pony AI Stock Falls Over 7% After IPO Pricing At $13, Rebounds Nearly 3% In After Hours
Pony AI Inc debuted on the Nasdaq Global Select Market today, pricing its initial public offering at $13 per ADS. The ...
2d
Pony AI raises $413M in Nasdaq IPO as shares close below initial listing price
Shares in Pony AI ADR closed down $1 today after the Chinese autonomous vehicle startup raised approximately $413 million in ...
3d
Chinese Driverless-Tech Firm Pony AI Said to Raise $260 Million in US IPO
Pony AI Inc. raised $260 million after pricing its US initial public offering at the top of the marketed range, according to ...
4d
Autonomous-driving company Pony AI on deck for stock-market debut
Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as ...
autoevolution
10h
Trek Has a New Budget Two-Wheeling MTB Pony for 2025 and It Could Be All We Need
This aluminum frame hardtail MTB is powered by Shimano Cues and can also accommodate a rear cargo rack; the MSRP currently ...
2d
on MSN
The Pony Express is delivering for the Bucs this season
Bucky Irving and Rachaad White are thriving in 21 personnel, when both running backs are on the field at the same time.
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