Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg