NEW YORK, Jan. 24, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global sharing economy market size is estimated to grow by USD 1.12 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 32.3% during the forecast period. Rising use of online ride-hailing services is driving… Continue reading Sharing Economy Market to Grow by USD 1.12 Trillion (2025-2029), Online Ride-Hailing Services Boost Growth, Report on AI Redefining Market Landscape – Technavio
Tag: Didi
China’s Ascentage Pharma targets $1.8b valuation in US IPOAscentage, backed by Japan’s Takeda, is looking to raise $149m.
Ascentage Pharma said on Tuesday it was targeting a valuation of $1.75 billion in its initial public offering, becoming the first sizeable Chinese firm to pursue a listing in the US this year. IPOs of Chinese companies in the United States have picked up modestly in recent months following a long hiatus after ride-hailing giant… Continue reading China’s Ascentage Pharma targets $1.8b valuation in US IPOAscentage, backed by Japan’s Takeda, is looking to raise $149m.
Workiz launches innovative Genius Answering to help transform field service management
Leading field service software empowers businesses with AI dispatcher Jessica SAN DIEGO, Dec. 3, 2024 /PRNewswire/ — Workiz, the leading field service management platform with over 120,000 customers, announces today the launch of its latest innovative AI service, Genius Answering. Genius Answering is the latest innovation in the Workiz Genius suite aimed at redefining after-hours field… Continue reading Workiz launches innovative Genius Answering to help transform field service management
Chinese ride-hailing company Didi reports $128m net income
For the quarter, revenue rose by 5%, totaling US$7.43 billion. Go to Source
Pony AI raises $260m as US investor appetite for Chinese IPOs improvesThe robotaxi startup was valued at around $4.55b in the initial share sale.
China’s Pony AI said on Wednesday it had raised $260 million in its US initial public offering, valuing the robotaxi startup at around $4.55 billion, the latest to bank on improved investor sentiment in US markets. The company’s performance could indicate how investors approach China-based firms under the current US administration as both nations compete… Continue reading Pony AI raises $260m as US investor appetite for Chinese IPOs improvesThe robotaxi startup was valued at around $4.55b in the initial share sale.
Workiz Recognized as One of North America’s Fastest-Growing Companies on the 2024 Deloitte Technology Fast 500™
The leading field service management solution attributes its significant revenue growth to its commitment to innovation, AI leadership, and a strong growth mindset. SAN DIEGO, Nov. 21, 2024 /PRNewswire/ — Workiz, the leading field service management platform with over 120,000 customers, today announced it is now on the Deloitte Technology Fast 500™ list, a ranking of the… Continue reading Workiz Recognized as One of North America’s Fastest-Growing Companies on the 2024 Deloitte Technology Fast 500™
Chinese self-driving firm Pony AI seeks to raise up to $195m in US IPOIt is eyeing a valuation of up to $4.48b in the upcoming IPO.
Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its long-sought plan for a New York listing. Pony, founded in 2016 and backed by Japanese automaker Toyota, aims to raise up to $195 million by… Continue reading Chinese self-driving firm Pony AI seeks to raise up to $195m in US IPOIt is eyeing a valuation of up to $4.48b in the upcoming IPO.
Workiz Unplugged Podcast Empowers Field Service Professionals in the Age of AI
The leading field service software provider is ushering in a new era in AI-driven solutions and expert insights SAN DIEGO, Oct. 30, 2024 /PRNewswire/ — Workiz, the leading field service management platform with over 120,000 customers, announces the launch of the “Workiz Unplugged” podcast – a dedicated platform that brings the voices of field service… Continue reading Workiz Unplugged Podcast Empowers Field Service Professionals in the Age of AI
China’s WeRide raises $440.5m from US IPO, placementWeRide’s IPO follows the debut of EV maker Zeekr on NYSE earlier this year.
Self-driving startup WeRide raised a combined $440.5 million in its US initial public offering and a private placement on Friday, the latest Chinese firm to capitalise on improving investor sentiment and easing regulatory roadblocks. The number of Chinese companies that have pursued stock market flotations in the United States had dropped in the past few years, after… Continue reading China’s WeRide raises $440.5m from US IPO, placementWeRide’s IPO follows the debut of EV maker Zeekr on NYSE earlier this year.
Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.
NYSE-listed auto parts supplier Aptiv has picked up an 18% stake in Chinese self-driving technology provider MAXIEYE Automotive Technology for 570 million yuan ($80.1 million), according to a company release on Thursday. Aptiv will tie up with MAXIEYE to develop a computing platform that integrates advanced algorithms and Wind River software, as the firm seeks… Continue reading Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.