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Pony.ai’s IPO: A reflection on tech dreams and harsh market realities
04 Dec 2024 03:50 GMT
… to enter the space.
At Baidu’s autonomous driving division, … An investor said that an IPO was seriously being considered at … called for a halt on IPOs for Chinese companies. After more … assistance technology.
After the failed IPO attempt, Pony.ai allocated …
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Pony.ai's Journey from Startup to IPO
28 Nov 2024 03:50 GMT
By the end of 2016, China’s autonomous driving industry was in its most exhilarating phase. Internet giants were diving in: Uber acquired the autonomous trucking company Otto for $700 million, Google’s Waymo project announced its independence, and …
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Baidu, Inc. (NASDAQ:BIDU) Q3 2024 Earnings Call Transcript
23 Nov 2024 13:12 GMT
… 2024 earnings conference call. Baidu’s earnings release was … user behavior patterns, suggesting Baidu is evolving beyond the … MAUs, Baidu Search, Wenku, Baidu Drive, Baidu Keyboard and Baidu Map. … robotaxi. Given the recent IPO wave of autonomous driving …
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CiDi Sets IPO Course With Its Self-Driving Trucks
22 Nov 2024 13:39 GMT
… solutions.
According to the IPO filing, CiDi is the second … point, with investors including HongShan, Baidu Venture, Legend Holdings and Hunan … billion yuan. Going into the IPO, the company’s founding … file for a Hong Kong IPO under revised rules that …
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Horizon Robotics Plans to Raise up to $696 Mn in an Initial Public Offering in Hong Kong
23 Oct 2024 04:59 GMT
… announced plans for an initial public offering (IPO) in Hong Kong S … centre.
According to the IPO documents filed by Horizon … Alibaba Software China and Baidu jointly subscribed for $219 … technology, Horizon Robotics' IPO reflects investors' keen …
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Ex-Baidu AI Scientist Becomes A Billionaire After Shares Of His Self-Driving Tech Startup Jumps 16%
30 Oct 2024 10:49 GMT
… an autonomous driving project at Baidu, has joined the billionaire ranks … in the city’s largest initial public offering so far this year.
Yu … China in 2012 and joined Baidu, where he established the … $440.5 million in its IPO and private placement. Meanwhile, …
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Baillie Gifford, Norges Said to Invest in Horizon Robotics Hong Kong IPO
23 Oct 2024 02:06 GMT
… ’ $696 million Hong Kong initial public offering, according to people familiar with … smaller than orders as the IPO was oversubscribed, they added. … Group Holding Ltd. and Baidu Inc. were among the … Horizon Robotics stock in the IPO. Most Read from Bloomberg …
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Horizon Robotics raises $696m in Hong Kong’s IPO
22 Oct 2024 19:39 GMT
… $696m (5bn yuan) through an initial public offering (IPO) in Hong Kong.
This makes … 8m while Alisoft China and Baidu have bid for $50m … to allocate 70% of the IPO proceeds to research and … The retail segment of the IPO was particularly well-received, being …
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Former Baidu AI Scientist’s Autonomous-Driving Tech Startup Horizon Robotics Rises In Hong Kong Debut
24 Oct 2024 09:16 GMT
… slew of cornerstone investors, including Baidu, Alibaba, a government fund … project at Baidu, as well as ex-Baidu chief R… by former Baidu employee James Peng, filed for an IPO in … services on roads. Others include Baidu, whose robotaxis are available …
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Horizon Robotics soars 28% in Hong Kong debut as IPOs return in big week for fundraising
24 Oct 2024 01:42 GMT
… market for initial public offerings (IPOs) continues its rise from the … better for everyone.”
Horizon’s IPO size surpassed this week’s … Yu, who previously worked at Baidu where he led projects in … and autonomous driving.
Horizon’s IPO attracted 33.8 times the …