Didi Global Q325 Results | China Solid, But International Goes From Bad to Worse | How to Fix?
Didi Global's Q325 results show continued improvement in the main China business, but also a dramatic worsening of losses in the International...
978 Views
Full Truck Alliance Q325 Results: Trimming Freight Brokerage Services Means Slower Near-Term Growth
Full Truck Alliance's Q325 results were the first to reflect the company's decision to de-emphasize its Freight Brokerage Services segment, a...
304 Views
PonyAI and WeRide Secondary HK Trading - Weakish Demand, WeRide Did Better but Trading Lower
Pony AI (PONY US) raised around US$860m and WeRide (WRD US) raised around US$310m in their HK Secondary offering. In this note, we talk about the...
599 Views
Pony AI Secondary HK Offering - Needs to Correct Some More
Pony AI (PONY US) plans to raise around US$825m in its secondary listing in Hong Kong. In this note, we talk about the deal structure and pricing.
710 Views
WeRide Secondary HK Offering - Is Relatively Cheaper but Lacks Momentum
WeRide (WRD US) plans to raise around US$350m in its secondary listing in Hong Kong. In this note, we talk about the deal dynamics.
890 Views