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 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -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.
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Shares of China-based autonomous driving company Pony.ai were up around 19% in early trading Wednesday after the company made its Nasdaq debut.
China's Robotaxi Firm Pony AI Looks To Diversify Supply Chain After Nasdaq Debut, Growing Competition With Tesla, Waymo, And Amazon
Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% 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’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U ...
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 ...
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 ...
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Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the ...
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 ...