P.R. Venkat / Wall Street Journal:

Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors  —  Alibaba, Baidu, and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take over 30% of Horizon Robotics' shares ahead of the IPO

P.R. Venkat / Wall Street Journal:

Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors  —  Alibaba, Baidu, and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take over 30% of Horizon Robotics' shares ahead of the IPO

Source: TechMeme
Source Link: http://www.techmeme.com/241015/p40#a241015p40