19 hours ago
Pony.ai Set to File for US IPO This Week
Asianfin -- Autonomous driving startup Pony.ai is reportedly planning to publicly file for an initial public offering (IPO) in the U.S. as early as this week, according to sources familiar with the matter. The company aims to raise up to $300 million from the listing, although the specifics of the timeline and offering size may still change. Guangzhou Automobile Group, a leading Chinese automaker and investor in another self-driving car company, WeRide Inc., is considering participation in the IPO. Pony.ai had previously contemplated a share sale in the U.S. in 2021 but ultimately postponed those plans, as reported by Bloomberg News at the time.
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