Chinese lidar maker Hesai Technology raises $190m in US listing: report

Chinese lidar maker Hesai Technology raises $190m in US listing: report

Photo: REUTERS/Brendan McDermid/Files

Hesai Technology Co, which develops sensor technologies used in self-driving cars, has raised $190 million in an initial public offering (IPO) in the US, making it the largest IPO made by a Chinese firm since ride-hailing giant Didi’s $4.4-billion listing in June 2021, Bloomberg reported citing people familiar with the matter. 

Edited by: Joymitra Rai