Pony.ai Aims for Profitability in a few Years! Initially, it Wants to Conquer the Chinese Megacities
Reading Time: 4 minutes
The Chinese robotaxi company hopes that its listing in Hong Kong will contribute to increasing brand awareness in Asia. Disappointment on stock market debut, but optimism from the CEO The Chinese robotaxi company Pony.ai had a rocky start at its stock market debut in Hong Kong. However, this does not faze the CEO. "The short-term volatility of the stock price doesn’t concern me personally at all ,” said James Peng, founder and CEO of Pony.ai, to the Wall Street Journal. Shares of the Guangzhou-based company fell by 13% on the first trading...
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