Autonomous driving start-up Pony.ai has placed on maintain plans to go public in New York via a merger with a blank-cheque agency at a US$12 billion valuation, after it failed to achieve assurances from Beijing that it might not turn into a goal of a crackdown towards Chinese language expertise firms, folks acquainted with the matter stated.The choice makes Pony.ai one of many greatest firms to droop its US itemizing plans after China banned ride-sharing large Didi World Inc from signing up new customers simply…
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China’s tech crackdown thwarts Pony.ai’s US listing plans, insiders say
