Chinese robotaxi firm Pony AI seeks up to $4.55 billion valuation in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States. The company is now aiming to raise as much as $260 million in the IPO by offering 20 million American depositary shares (ADSs) priced between $11 and $13 each.