Toyota-backed autonomous vehicle company Pony AI has joined the list of Chinese firms going public on the U.S. stock market after a multi-year ban from Beijing on offshore capital raising. Zeekr, a luxury Chinese electric vehicle startup, debuted on the New York Stock Exchange in May, and WeRide, another AV startup, also hopes to file […]
Four takeaways from Pony AI’s IPO filing Read More »
There was lots going on in startup-land, as always, and the Equity crew had a blast breaking it all down. Kirsten Korosec, Mary Ann Azevedo and Devin Coldeway kicked off this Friday’s episode of TechCrunch’s Equity podcast with a discussion of WeRide, a Chinese autonomous vehicle startup, seeking an initial public offering in the United
AI for landlords, Grok-2 unleashed, and the latest attempt at AI regulation Read More »
Electric vehicle demand might be softening, but investors appear to be excited about the U.S. debut of a Chinese luxury EV brand. Geely-owned Zeekr hit the New York Stock Exchange with a splash on Friday, making it the first major U.S. listing by a Chinese company since 2021, following China’s effective ban on foreign IPOs.
The buzziest EV IPO of the year is a Chinese automaker Read More »
This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said the recent IPO successes aren’t enough to foster more than a dozen tech IPOs this year. “I don’t think we will have the floodgates open like I
Despite recent successes, IPO market still won’t fully open until 2025 Read More »
Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. The cybersecurity company priced its shares at $32 apiece Wednesday night, just a hair over its initial target range of $29 to $31 after raising $752 million. This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88%
Rubrik’s shares end trading up almost 16% on the company’s public debut Read More »
