Pateo Overview
- Year Founded
-
2009
- Status
-
Public
- Employees
-
1,924
- Stock Symbol
-
02889
- Investments
-
10
- Share Price
-
$6.37
- (As of Friday Closing)
Pateo General Information
Description
Pateo Connect Technology (Shanghai) Corp is a smart cockpit solution provider in China. The company is a integrated IoV service provider offering active safety systems, automotive electronics, low-level automotive software, intelligent operating system (OS), application software, domestic & international Internet automobile ecosystem, mobile phone connectivity, communications operation, TSP platform development & operation services, cloud computing, big data, content services integration & operation, map engine software & cloud architecture, embedded voice & cloud platform solutions, to AI (Artificial Intelligence). Its segments include Smart cockpit solutions, Vehicle connectivity support services, and Others.
Contact Information
Website
www.pateo.com.cnCorporate Office
- 37th Floor, AIA Financial Center
- Number 866 East Changzhi Road, Hongkou District
- Shanghai, 200080
- China
Corporate Office
- 37th Floor, AIA Financial Center
- Number 866 East Changzhi Road, Hongkou District
- Shanghai, 200080
- China
Pateo Timeline
Pateo Stock Performance
As of 13-Nov-2026, Pateo’s stock price is $6.37. Its current market cap is $1.06B with 167M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $6.37 | $6.88 | $5.30 - $36.95 | $1.06B | 167M | 619K | -$1.21 |
Pateo Financials Summary
As of 30-Jun-2026, Pateo has a trailing 12-month revenue of $665M.
|
In Thousands, USD |
TTM 30-Jun-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 |
|---|---|---|---|---|
| EV | 2,460,960 | 4,233,045 | ||
| Revenue | 664,797 | 488,050 | 356,354 | 211,426 |
| EBITDA | (159,567) | (133,218) | (58,356) | (27,876) |
| Net Income | (167,460) | (152,034) | (75,429) | (40,127) |
| Total Assets | 1,086,134 | 834,305 | 590,095 | 364,071 |
| Total Debt | 448,430 | 321,621 | 234,570 | 155,532 |
Pateo Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Pateo Patents
Pateo Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-202026105184-U1 | Lighting device and vehicle | Active | 05-Nov-2025 | ||
| WO-2023050573-A1 | Uwb-positioning-based vehicle parking payment implementation method | Inactive | 30-Sep-2021 | ||
| WO-2023050572-A1 | Vehicle blind area detection method | Inactive | 30-Sep-2021 | ||
| WO-2023045097-A1 | Method and system for adjusting vehicle seat | Inactive | 26-Sep-2021 | ||
| WO-2021109308-A1 | Information processing method and device, and computer storage medium | Inactive | 04-Dec-2019 | G06Q30/0645 |
Pateo Signals
Pateo Investments & Acquisitions (10)
Pateo’s most recent deal was a Merger/Acquisition with Meenyi Technology for . The deal was made on 02-Oct-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Meenyi Technology | 02-Oct-2026 | Merger/Acquisition | Application Specific Semiconductors | ||
| Seagull | 21-Aug-2026 | PIPE | Home Furnishings | ||
| Zhejiang Xinsiwei | 11-Apr-2025 | Secondary Transaction - Private | Business/Productivity Software | ||
| Qingdao Botai Medical Equipment | 21-Mar-2025 | Secondary Transaction - Private | Therapeutic Devices | ||
| Anzhixin | 13-Jan-2025 | Early Stage VC | Computers, Parts and Peripherals |
Pateo ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Software & Services
Industry
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
Rank
Percentile
Pateo Exits (2)
Pateo’s most recent exit was on 11-Apr-2025 from Zhejiang Xinsiwei. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Zhejiang Xinsiwei | 11-Apr-2025 | Completed |
|
||
| CDMO (Medical Supplies) | Secondary Transaction - Private | Completed |
|
Pateo Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Meenyi Technology | Chengdu, China | 2015 |
Pateo FAQs
-
When was Pateo founded?
Pateo was founded in 2009.
-
Where is Pateo headquartered?
Pateo is headquartered in Shanghai, China.
-
What is the size of Pateo?
Pateo has 1,924 total employees.
-
What industry is Pateo in?
Pateo’s primary industry is Operating Systems Software.
-
Is Pateo a private or public company?
Pateo is a Public company.
-
What is Pateo’s stock symbol?
The ticker symbol for Pateo is 02889.
-
What is the current stock price of Pateo?
As of 13-Nov-2026 the stock price of Pateo is $6.37.
-
What is the current market cap of Pateo?
The current market capitalization of Pateo is $1.06B.
-
What is Pateo’s current revenue?
The trailing twelve month revenue for Pateo is $665M.
-
What is Pateo’s annual earnings per share (EPS)?
Pateo’s EPS for 12 months was -$1.21.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process