TransportationTech

Uber Rival Bolt Prepares for a Potential IPO with Strategic Adviser

7 days ago

In a significant move that signals its aspirations for growth and visibility in the competitive ride-hailing market, Bolt, a rival to Uber, is reportedly positioning itself for a potential initial public offering (IPO). The tech company has begun lining up advisory support to navigate the complex landscape of going public, an important step that could reshape its business trajectory.

Pony.ai Sets Sights on US IPO, Anticipating Up to $195 Million

4 months ago

In a bold move signaling a growing confidence in the self-driving technology sector, Pony.ai, an autonomous driving startup, is preparing for its initial public offering (IPO) in the United States. The company aims to raise between $175 million and $195 million through the public offering, drawing interest from investors and industry watchers alike.

Uber Partners with China’s WeRide to Offer Robotaxi Rides in UAE

6 months ago

In what is arguably a revolutionary first in innovative mobility for people and products, Uber Technologies Inc. has partnered with China's self-driving company WeRide to introduce the robotaxi services into the UAE. The agreement between the two companies marks the beginning of a significant milestone toward deploying autonomous vehicle technologies across the region. It's bound to push a revolutionary transportation solution into the bustling metropolis of the Middle East.