Uber Said to Be in Talks to Invest in US IPO of China's Pony AI [Yahoo! Finance Canada]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg San Francisco-based Uber is seeking to buy more than $10 million of shares in Pony AI's IPO, the people said, asking not to be identified discussing confidential information. The company may consider using Pony AI technology in a partnership outside of the US, one of the people said. Deliberations are ongoing and the size of a potential investment hasn't been finalized, they said. A representative for Uber declined to comment. Pony AI didn't respond to a request for comment. Uber has tied up with several other automated driving tech firms recently, including robotaxi operator Waymo and an undisclosed investment in Wayve Technologies Ltd. It also has a robotaxi service agreement in Abu Dhabi with China's WeRide Inc., which raised funds in an IPO in the US last month. Pony AI's IPO was initially expected to be priced on Nov. 21, but that's been pushed back as the Chinese company addresses regulator questions, the people said. It has also been increased
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UBER
Earnings
- 10/31/24 - Beat
UBER
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- UBER's page on the SEC website