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Momenta, a leading Chinese autonomous driving technology company, has confidentially filed for a Hong Kong IPO aiming to raise at least US$1 billion. The company, valued at over US$5 billion, counts General Motors, Mercedes-Benz, SAIC, Toyota, and Uber among its investors and partners. https://pandaily.com/autonomous-driving-firm-momenta-files-for-hong-kong-ipo-targets-1-billion #China #Tech #AI #Momenta

Autonomous Driving Firm Momenta Files for Hong Kong IPO, Targets $1 Billion

Momenta is reportedly preparing a confidential Hong Kong IPO that could raise at least $1 billion, signaling growing investor interest in autonomous driving technology.