Geely's EV brand Zeekr plans a $367.5m US IPO, aiming for a $5.12bn valuation.
Geely's EV brand Zeekr plans to raise $367.5m in a US IPO, aiming for a $5.12bn valuation. The China-based company, which spun out from Geely in 2021, sold $4.78bn worth of vehicles in 2023 and had overall revenue of $7.28bn. The IPO will be the first major listing by a China-based company in over two years, and will see Zeekr list on the New York Stock Exchange under the ticker ZK.
May 03, 2024
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