The Drive Ahead: Alibaba and Baidu to Enter Horizon Robotics’ Bold $700M IPO Territory
Chinese tech behemoths Alibaba and Baidu are setting their sights on a $700 million initial public offering (IPO) orchestrated by Horizon Robotics, a pioneering Chinese smart-driving company, eager to ride the wave of surging demand for autonomous driving technology. Horizon is looking to unleash 1.36 …