{"id":39150,"date":"2025-04-26T11:35:33","date_gmt":"2025-04-26T11:35:33","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/26\/pony-ai-stock-tencent-news-sends-robotaxi-specialist-up-20-on-friday\/"},"modified":"2025-04-26T11:35:33","modified_gmt":"2025-04-26T11:35:33","slug":"pony-ai-stock-tencent-news-sends-robotaxi-specialist-up-20-on-friday","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/26\/pony-ai-stock-tencent-news-sends-robotaxi-specialist-up-20-on-friday\/","title":{"rendered":"Pony AI stock: Tencent news sends robotaxi specialist up 20% on Friday"},"content":{"rendered":"
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Pony AI Inc (NASDAQ: PONY) is up some 20% in premarket after the Chinese startup said it has teamed up with Tencent to develop autonomous driving technology. <\/p>\n

At the time of publishing, the stock has pared some early gains and now trades around 10% higher.<\/p>\n

Pony will collaborate with the Shenzhen-headquartered giant on areas like \u201ccloud services, mapping, and cockpit ecosystem technologies,\u201d according to its press release on Friday. <\/p>\n

Note that Pony AI has already secured a permit<\/a> from Beijing\u2019s regulatory authorities to charge for its fully autonomous rides in select parts of Shenzhen.\u00a0<\/p>\n

Despite today\u2019s sharp surge, Pony AI stock is still down more than 60% versus its YTD high in late February. <\/p>\n

What does Tencent’s partnership mean for Pony AI stock?<\/h2>\n

Users in the Shenzhen area will now be able to book a Pony AI robotaxi from within WeChat, the press release added. <\/p>\n

Partnering with Tencent is a huge step towards the company\u2019s broader commitment to scaling up its operations, given the titan\u2019s massive user base and expertise in cloud offerings, James Peng, the chief executive of Pony AI, said in a CNBC interview<\/a> today.\u00a0<\/p>\n

Working with Tencent will likely help Pony AI continue to strengthen its hold on the Chinese market for robotaxi services. <\/p>\n

Investors should note that Wall Street currently has a consensus \u201cbuy\u201d rating on Pony AI stock. <\/p>\n

On average, analysts see upside in the robotaxi specialist to $20 at the time of writing.\u00a0<\/p>\n

Pony AI has been struggling with top-line growth<\/h2>\n

According to Zhong Xiangping, the vice president of Tencent, teaming up with Pony AI Inc \u201cmarks a new starting point for collaborative innovation.\u201d<\/p>\n

The company\u2019s popular super app, WeChat, currently has more than a billion monthly users.<\/p>\n

Teaming up with Tencent may help the Chinese startup with revenue growth as well – something that it has struggled with lately. <\/p>\n

In its latest reported quarter, Pony AI saw its robotaxi services revenue<\/a> tank nearly 62% on a year-over-year basis to $2.6 million. <\/p>\n

Note that Pony AI shares do not currently pay a dividend. <\/p>\n

Pony AI shares remain a risky investment<\/h2>\n

While Pony AI is evidently growing fast in the Chinese market, investors should tread with caution as the startup could come in the crosshairs of the escalating US-China trade tensions<\/a>.\u00a0<\/p>\n

CEO Peng has dubbed the United States a \u201chugely important\u201d market for the company\u2019s expansion plans on numerous occasions. <\/p>\n

However, speaking with the Financial Times earlier this week, he confirmed that PONY was considering a secondary listing as the trade war between the world\u2019s largest two economies could see Washington demand a delisting of Chinese firms from the NYSE.<\/p>\n

If Pony AI stock was indeed delisted, its tenure as a US-listed company would be less than six months. <\/p>\n

Peng, however, refrained from commenting on what countries the company was exploring for a secondary listing.\u00a0\u00a0<\/p>\n

The post Pony AI stock: Tencent news sends robotaxi specialist up 20% on Friday<\/a> appeared first on Invezz<\/a><\/p>\n

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Pony AI Inc (NASDAQ: PONY) is up some 20% in premarket after the Chinese startup said it has teamed up with Tencent to develop autonomous driving technology.  At the time of publishing, the stock has pared some early gains and now trades around 10% higher. Pony will collaborate with the Shenzhen-headquartered giant on areas like <\/p>\n","protected":false},"author":1,"featured_media":39151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39150"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39151"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}