Autonomous-driving company Pony AI Inc.’s newly issued stock fell nearly 8% below its offering price of $13 a share Wednesday as the biggest initial public offering in months for a Chinese company began trading. Pony AI’s stock traded at $12.04 a share ...

China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.

(Reuters) - China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each. (Reporting by Niket Nishant and Manya Saini in Bengaluru; Editing by Shilpi Majumdar and Tasim Zahid)