InvestorsHub Logo

barnyarddog

09/23/23 2:00 PM

#50 RE: barnyarddog #49

Chinese EV maker Zeekr aims to achieve $18 billion market valuation before an IPO in the US

Sep 20, 2023
https://technode.com/2023/09/20/chinese-ev-maker-zeekr-aims-to-achieve-18-billion-market-valuation-before-an-ipo-in-the-us/

The latest news is that Zeekr, the electric car brand under Geely, has filed an application for an IPO in New York and is looking to raise as much as US$1 billion (RM4.3 billion).

Zeekr seems to be seeking a valuation of more than US$10 billion, and the IPO could take place as early as the second quarter of this year.

30 Jan 2023
https://theedgemalaysia.com/node/652770