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Blockchain-based lender Figure files for a US IPO, reporting H1 revenue up 22.4% YoY to $191M and a profit of $29M, compared with a loss of $13M in H1 2024 (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters : Blockchain-based lender Figure files for a US IPO, reporting H1 revenue up 22.4% YoY to $191M and a profi...

27 November 2024

Chinese self-driving company Pony.AI raised $413.4B in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap (Bailey Lipschultz/Bloomberg)

Bailey Lipschultz / Bloomberg:
Chinese self-driving company Pony.AI raised $413.4B in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap  —  - IPO priced at top of marketed range raised $260 million  — Firm also agreed private placements worth $153.4 million

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