Geely's EV brand Zeekr raises $500 mln in first external funding - Business News: Latest News & Videos about market and economy | Trendmergers

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Geely's EV brand Zeekr raises $500 mln in first external funding

Led by Chief Executive Andy An, who is also Geely's president, Zeekr said investors would jointly hold a 5.6% stake in the company, valuing it around $9 billion. Chief financial officer Yuan Jing told reporters that Zeekr does not currently have a clear plan for its initial public offering.

from Industry-Economic Times
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