【Babygirl (2024)】
Uber is Babygirl (2024)planning to buy more than $10 million of stock in the initial public offering of Pony.ai, an autonomous driving startup with a Chinese background, and may consider using the latter’s technology in a partnership outside of the US, Bloomberg reported on Thursday. Pony.ai, headquartered in Fremont, California and the eastern Chinese city of Guangzhou, will issue 20 million American depository shares on Nasdaq in a price range of $11 to $13 per share, likely giving it a war chest of $260 million. By comparison, its rival WeRide raised $440.5 million from its US IPO last month, which Uber also participated in, people familiar with the matter said. Pony.ai, co-founded by two engineers from search engine Baidu, operates more than 250 passenger cars for autonomous ride-hailing services in several major Chinese cities including Beijing and Shenzhen. It raised $400 million in 2020 from Japan’s Toyota, which currently holds a 12.3% stake in the company, according to its prospectus. [TechNode reporting, Bloomberg]
Search
Categories
Latest Posts
How to unblock TikTok for free
2025-06-26 04:47Blink Outdoor 4 deal: Get $130 off at Amazon
2025-06-26 04:19The Onion has been denied bid to buy Alex Jones' InfoWars
2025-06-26 04:06Best keyboard deals: Save on Asus gaming keyboards at Amazon
2025-06-26 03:40Popular Posts
Is it 'Thunderbolts*' or *The New Avengers'?
2025-06-26 05:14A NASA rover just conquered a treacherous climb on Mars
2025-06-26 04:21Shipt's Season of Savings: 50% off annual membership
2025-06-26 04:20TikTok is giving free Shop credits to people recruiting new users
2025-06-26 03:40This is the fattest of the extremely fat bears
2025-06-26 03:30Featured Posts
'The Last of Us' Season 2, episode 4: Why Ellie sings 'Take on Me'
2025-06-26 05:41The Onion has been denied bid to buy Alex Jones' InfoWars
2025-06-26 05:33Shop iPad deals during Best Buy's Apple savings event
2025-06-26 05:23Mozilla Firefox removes ‘Do Not Track’ setting
2025-06-26 05:105 Ways to Access a Locked Windows Account
2025-06-26 03:38Popular Articles
NYT Strands hints, answers for May 18
2025-06-26 05:24Google announces 'agentic' Gemini 2.0 with image and audio support
2025-06-26 04:01NYT Strands hints, answers for May 5
2025-06-26 03:13Newsletter
Subscribe to our newsletter for the latest updates.
Comments (75522)
Charm Information Network
Best soundbar deal: Save $300 on the Sonos Arc
2025-06-26 05:31Steady Information Network
NYT Strands hints, answers for December 13
2025-06-26 05:21Inspiration Information Network
31 best breakup movies to mend a shattered heart in 2024
2025-06-26 05:12Mark Information Network
OpenAI announces Projects to organize and customize your ChatGPT convos
2025-06-26 03:49Creative Information Network
Today's Hurdle hints and answers for May 12, 2025
2025-06-26 03:18