Exclusive: Momenta completes about 500 million US dollars Pre-IPO financing, has secretly initiated IPO listing process

On the afternoon of April 23, it was reported that recently, the smart driving leader Momenta submitted a confidential listing application to the Hong Kong Stock Exchange and initiated an IPO. Sina Technology exclusively learned that just before starting the IPO application, Momenta also completed a pre-IPO round of financing of approximately $500 million, with investors including UAE Capital, GGV Capital, GGV Capital, and other well-known private equity institutions.