Chinese robotaxi firm Pony AI seeks to raise up to $260 mln in upsized US IPO
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Chinese autonomous driving firm Pony AI is planning to raise up to $260 million in an upsized initial public offering (IPO) in the United States.
November 20, 2024 | 12:45 pm
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Pony AI is planning an upsized IPO in the US, aiming to raise up to $260 million. This move could increase investor interest and potentially boost the stock price upon listing.
The announcement of an upsized IPO suggests strong demand and confidence in Pony AI's business model, which could lead to a positive reception in the market and a potential increase in stock price upon listing.
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