FINWIRES · TerminalLIVE
FINWIRES

Pony AI's Loss Widens in H1 Despite Higher Revenue

By

Pony AI (HKG:2026) posted a net loss attributable to the company of $110.3 million for the first half of 2026, widening from $96.1 million a year earlier.

Net loss per ordinary share stood at $0.25, compared with $0.27 in the year-ago period, according to a filing with the Hong Kong Exchange late Tuesday.

Revenue increased 99% year over year to $70.5 million from $35.4 million.

Looking ahead, Pony AI is targeting a Robotaxi fleet of more than 3,500 vehicles by the end of 2026, with its global operating footprint expected to cover more than 20 cities.

It has secured multiple overseas partners, including Uber for the contracted deployment of more than 2,000 Robotaxi vehicles in Europe, while agreements under negotiation across international markets cover more than 4,000 vehicles.

Related Articles

Asia

Wasco Greenergy Appoints Group MD as CEO Opts for Early Retirement

Wasco Greenergy (KLSE:GENERGY) said its chief executive officer, Lee Yee Chong, opted for early retirement from the role, effective Dec. 31, according to a Monday filing with Bursa Malaysia.Shares slid over 2% in Tuesday's late morning trade.Lee joined the group in 1995 and has held several key leadership positions within Wasco over the years.The company appointed Wong Yin Kee as group managing director, effective Aug. 17, to facilitate the transition of authority and responsibilities.

KLSE:GENERGY
Asia

Yuntianhua's H1 Profit Rises 6%, Revenue Drops 9%; Shares Up 3%

Yunnan Yuntianhua's (SHA:600096) net profit attributable to shareholders for the first half rose 6.1% to 2.93 billion yuan from 2.76 billion yuan a year earlier, according to a Tuesday disclosure on the Shanghai bourse.Earnings per share increased year on year to 1.61 yuan from 1.52 yuan.Operating revenue fell 8.9% to 22.8 billion yuan from 25.1 billion yuan in the previous year.The board of directors proposed a cash dividend of 2 yuan for every 10 shares.The high-quality diammonium phosphate supplier's shares rose nearly 3% during the morning trade.

SHA:600096
Asia

Market Chatter: CJ Group Sets KRW12 Trillion Revenue Target for North America by 2028

CJ Group expects its total revenue from North America to expand to 12 trillion won by 2028, driven by rising demand for Korean food, entertainment, and beauty products, The Korean Times reported Monday.The South Korean group, led by holding company CJ (KRX:001040), unveiled its target following a strategy meeting with the group chairman in Los Angeles last week.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:001040