The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters
The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters
Stocks

China’s tech crackdown thwarts Pony.ai’s US listing plans, insiders say

  • The autonomous driving start-up’s hold on going public follows Beijing’s move to ban ride-sharing giant Didi from signing up new users soon after its IPO
  • The company will now seek to raise money in a private fundraising round at a valuation of US$12 billion

Topic |   Stocks
The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters
The Pony.ai logo is seen on a screen during an event in Beijing in May. Photo: Reuters
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