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
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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.
Chinese self-driving startup WeRide files for $119m Nasdaq IPOIt also plans to raise $320.5m in a private placement.
Chinese self-driving startup WeRide has filed for a $119.4 million initial public offering on Nasdaq and a private placement of $320.5 million, according to a term sheet seen by Reuters on Wednesday. As part of the offering, the Guangzhou-based company will offer 6.5 million American depositary shares in a price range of $15.5 to $18.5… Continue reading Chinese self-driving startup WeRide files for $119m Nasdaq IPOIt also plans to raise $320.5m in a private placement.
Here’s why China has been testing its autonomous car technology in the U.S. for years
Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing. But Chinese autonomous vehicle companies have also quietly been testing their technology on U.S. streets. Baidu, Didi, WeRide, Pony.ai and AutoX… Continue reading Here’s why China has been testing its autonomous car technology in the U.S. for years
Chinese logistics firm BingEx valued at nearly $1.2b in US IPOThe IPO bodes well for the broader market which had been depressed for almost two years.
China’s BingEx said on Friday it had raised $66 million in its U.S. initial public offering valuing the courier delivery firm at $1.17 billion, signaling a recovery in investors’ risk appetite and easing regulatory hurdles. The company, which brands its services as FlashEx, sold 4 million American depositary shares (ADS) in the offering priced at $16.50 each. It had aimed to sell… Continue reading Chinese logistics firm BingEx valued at nearly $1.2b in US IPOThe IPO bodes well for the broader market which had been depressed for almost two years.
Chinese courier delivery firm BingEx eyes US IPO at $1.2b valuationThe company is looking to raise up to $68m at the top of its targeted range.
Chinese courier delivery firm BingEx is aiming for a valuation of $1.21 billion in its US listing, banking on recovering investor appetite for new stocks and easing of regulatory roadblocks. The company, which brands its services as FlashEx, is looking to sell 4 million American depositary shares (ADS) in the initial public offering, priced between… Continue reading Chinese courier delivery firm BingEx eyes US IPO at $1.2b valuationThe company is looking to raise up to $68m at the top of its targeted range.
How Elon Musk hopes his new supercomputers will boost his businesses
Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than… Continue reading How Elon Musk hopes his new supercomputers will boost his businesses
Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetiteZeekr’s debut on the NYSE earlier this year was the first big listing…
Chinese insurance broker Yuanbao on Tuesday filed for an initial public offering in the United States, signaling a broader recovery in investor appetite for new listings. IPOs in the U.S. are experiencing a reasonably stronger year after a prolonged dry spell as more companies test the market, encouraged by the strong performance of high-profile listings like Reddit,… Continue reading Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetiteZeekr’s debut on the NYSE earlier this year was the first big listing…
Chinese courier delivery firm BingEx files for US IPOSeveral firms are trying to test investor appetite for IPOs following a prolonged downturn
Chinese courier delivery firm BingEx, which brands its services as ‘FlashEx’, has filed to go public in the United States, a regulatory filing showed on Friday. Several high-profile companies are trying to test investor appetite for IPOs following a prolonged downturn due to rising interest rates and geopolitical turmoil. The number of Chinese companies that have… Continue reading Chinese courier delivery firm BingEx files for US IPOSeveral firms are trying to test investor appetite for IPOs following a prolonged downturn