Uber Reportedly Investing in Autonomous Driving Firm Pony.ai
UBERUber(UBER) PYMNTS.com·2024-11-22 01:00

When autonomous driving firm Pony.ai goes public, Uber reportedly plans to invest. The ride hailing/food delivery company intends to purchase more than $10 million worth of shares in Pony.ai's initial public offering (IPO), which is expected to be priced next week, Bloomberg News reported Thursday (Nov. 21), citing sources familiar with the matter. One source told the news outlet that Uber may also consider using China-based Pony.ai's technology in a project outside of the U.S. PYMNTS has contacted both com ...