Pony (PNYG) 10-Q/A 3 Aug 21 2020 Q2 Quarterly report (amended) Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Nov. 23, 2020
Document Information Line Items
Entity Registrant Name	Pony Group Inc.
Document Type	10-Q/A
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		11,500,000
Amendment Flag	true
Amendment Description	Amendment No. 1
Entity Central Index Key	0001784058
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	DE
Entity File Number	333-234358
Entity Interactive Data Current	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)		Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents		$ 274,826	$ 44,105
Other receivables		152	31
Other receivables-related party		8,998	8,998
Deferred offering cost			48,500
Total current assets		283,976	101,634
Total assets		283,976	101,634
Current liabilities
Other payable-related party		186,359	217,791
Other current liability		69,727	15,941
Total current liabilities		256,086	233,732
Total liabilities		256,086	233,732
Equity
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	[1]	11,500	9,000
Additional paid-in capital		176,000
Accumulated foreign currency exchange loss		(1,942)	(565)
Accumulated deficit		(157,668)	(140,533)
Total Pony Group Inc stockholders’ equity		27,890	(132,098)
Total equity		27,890	(132,098)
Total liabilities and equity		$ 283,976	$ 101,634
[1]	The shares are presented on a retroactive basis to reflect the nominal share issuance.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Ordinary shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary shares, shares authorized	70,000,000	70,000,000
Ordinary shares, shares issued	11,500,000	9,000,000
Ordinary shares, shares outstanding	11,500,000	9,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenue	$ 13,977	$ 13,253	$ 22,709	$ 26,324
Cost of revenue	3,910	12,678	10,038	23,577
Gross profit	10,067	575	12,671	2,747
Operating expenses
General & administrative expenses	20,188	24,278	32,767	76,762
Selling expenses				1,244
Total operating expenses	20,188	24,278	32,767	78,006
Income (loss) from operation	(10,121)	(23,703)	(20,096)	(75,259)
Other income (expenses)
Other income (expense)	2,719	1,423	2,961	1,493
Total other income	2,719	1,423	2,961	1,493
Income (Loss) before income taxes	(7,402)	(22,280)	(17,135)	(73,766)
Provision for income tax
Net Income (Loss)	(7,402)	(22,280)	(17,135)	(73,766)
Net Income (Loss)	(7,402)	(22,280)	(17,135)	(73,766)
Other Comprehensive Income
Comprehensive income (loss)	$ (7,402)	$ (22,280)	$ (17,135)	$ (73,766)

Consolidated Statement of Chang

Consolidated Statement of Change in Equity - USD ($)		Total	Common stock	Additional Paid-In Capital	Subscription received in advance	Accumulated Other Comprehensive Income (Loss)	Accumulated Earnings (Deficit)
Balance at Dec. 31, 2018		$ (23,484)		$ 1,290		$ 25	$ (24,799)
Balance (in Shares) at Dec. 31, 2018	[1]
Proceeds from private placement offering		9,000	$ 9,000
Proceeds from private placement offering (in Shares)	[1]		9,000,000
Purchase from sole owner		(1,290)		(1,290)
Cumulative Foreign currency translation adjustment		(55)				(55)
Net (Loss)		(73,766)					(73,766)
Balance at Jun. 30, 2019		(89,595)	$ 9,000			(30)	(98,565)
Balance (in Shares) at Jun. 30, 2019	[1]		9,000,000
Cumulative Foreign currency translation adjustment		(535)				(535)
Net (Loss)		(41,968)					(41,968)
Balance at Dec. 31, 2019		(132,098)	$ 9,000			(565)	(140,533)
Balance (in Shares) at Dec. 31, 2019	[1]		9,000,000
Common stock issued		178,500	$ 2,500	176,000
Common stock issued (in Shares)	[1]		2,500,000
Cumulative Foreign currency translation adjustment		(1,377)				(1,377)
Net (Loss)		(17,135)					(17,135)
Balance at Jun. 30, 2020		$ 27,890	$ 11,500	$ 176,000		$ (1,942)	$ (157,668)
Balance (in Shares) at Jun. 30, 2020	[1]		11,500,000
[1]	The shares are presented on a retroactive basis to reflect the nominal share issuance.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net Loss	$ (17,135)	$ (73,766)
Changes in operating assets and liabilities:
Other receivable	(122)	(28)
Accounts payable		8,848
Other payable	53,787
Cash provided (used) in operating activities	36,530	(64,946)
Cash flow used in investing activities:
Investment in Pony HK		(1,274)
Cash used in investing activities		(1,274)
Cash flow provided (used) by financing activities:
Pay for deferred offering cost	(23,000)
Advance from (repayment to) related party	(31,432)	89,270
Proceed from Issue of Common Stock	250,000	2
Cash provided by financing activities	195,568	89,272
Effects of currency translation on cash	(1,377)	77
Net increase (decrease) in cash	230,721	23,129
Cash at beginning of the period	44,105	10,794
Cash at end of period	$ 274,826	$ 33,923

Organizations and Summary of Si

Organizations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - ORGANIZATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Operations PONY GROUP INC, (the “Company” or “PONY”) was incorporated on Jan 7, 2019 in the state of Delaware. On March 7, 2019, Pony Group Inc (the “Purchaser”), and Wenxian Fan, the sole owner of PONY LIMOUSINE SERVICES LIMITED, entered into a Stock Purchase Agreement (the “Purchase Agreement”), pursuant to which Wenxian Fan (the “Seller”) would sell to the Purchaser, and the Purchaser will purchase from the Seller, 10,000 shares of the PONY LIMOUSINE SERVICES LIMITED, which represented 100% of the shares. On March 7, 2019, this transaction was completed. PONY LIMOUSINE SERVICES LIMITED (“PONYHK”) is a limited liability company formed under the laws of Hong Kong on April 28, 2106, which was formed by FAN WENXIAN. Its registered office is located at FLAT/RM 01 11/f, LUCKY COMM BLDG, 103 DES VOEUX RD WEST, SHEUNG WAN, HONG KONG. The business nature of the Company is to provide cross boarder limousine services to customers. On February 2, 2019, Universe Travel Culture & Technology Ltd. (“Universe Travel”) was incorporated as a wholly-owned PRC subsidiary of Pony HK. Details of the Company’s structure as of June 30, 2020 is as follow: Reverse Merger Accounting Basis of Accounting and Presentation Cash and Cash Equivalents Accounts Receivable As of June 30, 2020 and December 31, 2019, accounts receivable was $0 and $0, respectively. The company considers accounts receivable to be fully collectible and determined that an allowance for doubtful accounts was not necessary. The PONY LIMOUSINE SERVICES LIMITED, 100% subsidiary of the company has agreements with its two major clients that the payments for the services rendered be settled every six months. The two major clients account for 57.00% of the revenue for the six months ended June 30, 2020 and 98.21% for the same period 2019, respectively. Revenue Recognition Cost of revenue Income Taxes Foreign Currency Translation The exchange rates used to translate amounts in HK$ and RMB into USD for the purposes of preparing the financial statements were as follows: June 30, 2020 Balance sheet HK$7.75 to US $1.00 RMB 7.07 to US $1.00 Statement of operation and other comprehensive income HK$7.76 to US $1.00 RMB 7.03 to US $1.00 December 31, 2019 Balance sheet HK$7.79 to US $1.00 RMB 6.96 to US $1.00 June 30, 2019 Statement of operation and other comprehensive income HK$7.84 to US $1.00 RMB 6.78 to US $1.00

Restatement and Reclassificatio

Restatement and Reclassification	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
RESTATEMENT AND RECLASSIFICATION	NOTE 2 - RESTATEMENT AND RECLASSIFICATION On June 20, 2021, the management of PONY GROUP INC, concluded that, because of a mistake of the accounting treatment of the stock split and the closing of the initial public offering (see Note 6) , the Company’s previously issued consolidated financial statements for the interim periods ended June 30,2020 and September 30, 2020 (collectively, the “Affected Periods”) should no longer be relied upon. As such, the Company will restate its consolidated financial statements for each of the Affected Periods. (1) Restatement adjustments related to stock split; (2) Restatement adjustments related to closing of its initial public offering. Restatement Reconciliation Tables The effects of the reclassifications and restatement for the errors on the consolidated balance sheets, c onsolidated Statements of Comprehensive Income (Loss) and Consolidated Statements of Cash Flows Consolidated Balance Sheet As of June 30, 2020 As Restatement As Assets Current assets Cash and cash equivalents (2) $ 24,494 $ 250,332 $ 274,826 Other receivables 152 - 152 Other receivables-related party (1) - 8,998 8,998 Deferred offering cost (2) 71,500 (71,500 ) - Total current assets 96,146 187,830 283,976 Total assets $ 96,146 $ 187,830 $ 283,976 Liabilities and Equity Current liabilities Other payable-related party $ 186,359 $ - $ 186,359 Other current liability 69,727 - 69,727 Total current liabilities 256,086 - 256,086 Total liabilities $ 256,086 $ - $ 256,086 Equity Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively* (1) 2 11,498 11,500 Additional paid-in capital (2) - 176,000 176,000 Accumulated foreign currency exchange loss (1,942 ) - (1,942 ) Accumulated deficit (2) (158,500 ) 832 (157,668 ) Total Pony Group Inc stockholders’ equity (159,940 ) 187,830 27,890 Total equity (159,940 ) 187,830 27,890 Total liabilities and equity $ 96,146 $ 187,830 $ 283,976 Consolidated Statement of Comprehensive Income For The Three Months Ended As previously Restatement As Restated Revenue $ 13,977 $ - $ 13,977 Cost of revenue 3,910 - 3,910 Gross profit 10,067 - 10,067 Operating expenses General & administrative expenses 20,188 - 20,188 Selling expenses - - - Total operating expenses 20,188 - 20,188 Income (loss) from operation (10,121 ) - (10,121 ) Other income (expenses) Other income (expense) (2) 2,387 332 2,719 Total other income 2,387 332 2,719 income (Loss) before income taxes (7,734 ) 332 (7,402 ) Provision for income tax - - - Net Income (Loss) $ (7,734 ) $ 332 $ (7,402 ) Net Income (Loss) (7,734 ) 332 (7,402 ) Other Comprehensive Income - - - Comprehensive income (loss) (7,734 ) 332 (7,402 ) Consolidated Statement of Comprehensive Income For The Six Months Ended As previously reported Restatement adjustments As Restated Revenue $ 22,709 $ - $ 22,709 Cost of revenue 10,038 - 10,038 Gross profit 12,671 - 12,671 Operating expenses General & administrative expenses 32,767 - 32,767 Selling expenses - - - Total operating expenses 32,767 - 32,767 Income (loss) from operation (20,096 ) - (20,096 ) Other income (expenses) Other income (expense) (2) 2,629 332 2,961 Total other income 2,629 332 2,961 Income (Loss) before income taxes (17,467 ) 332 (17,135 ) Provision for income tax - - Net Income (Loss) $ (17,467 ) $ 332 $ (17,135 ) Net Income (Loss) (17,467 ) 332 (17,135 ) Other Comprehensive Income - - Comprehensive income (loss) (17,467 ) 332 (17,135 ) Consolidated Statement of Cash Flows For The Six Months Ended As previously reported Restatement adjustments As Restated Operating activities Net Loss (2) $ (17,467 ) $ 332 $ (17,135 ) Changes in operating assets and liabilities: Other receivable (121 ) - (121 ) Accounts payable Other payable 53,786 - 53,786 Cash provided (used) in operating activities 36,198 332 36,530 Cash flow used in investing activities: Investment in Pony HK - - - Cash used in investing activities - - - Cash flow provided (used) by financing activities: Pay for deferred offering cost (23,000 ) - (23,000 ) Advance from (repayment to) related party (31,432 ) - (31,432 ) Proceed from Issue of Common Stock (2) - 250,000 250,000 Cash provided by financing activities (54,432 ) 250,000 195,568 Effects of currency translation on cash (1,377 ) - (1,377 ) Net increase (decrease) in cash (19,611 ) 250,332 230,721 Cash at beginning of the period 44,105 - 44,105 Cash at end of period $ 24,494 $ 250,332 $ 274,826

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2020
Going Concern [Abstract]
GOING CONCERN	NOTE 3 - GOING CONCERN The Company had operating losses of $17,135 and $73,766 during the six months ended June 30, 2020 and 2019, respectively. The Company has accumulated deficit of $157,668 and $140,533 as of June 30, 2020 and December 31, 2019, respectively. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtain additional financing, as may be required. The accompanying financial statements have been prepared assuming the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern. Management’s Plan to Continue as a Going Concern In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plans to obtain such resources for the Company include (1) obtaining capital from the sale of its equity securities, (2) sales of the Company’s products, (3) short-term and long-term borrowings from banks, and (4) short-term borrowings from stockholders or other related party (ies) when needed. However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually to secure other sources of financing and attain profitable operations.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 - RELATED PARTY TRANSACTIONS PONY GROUP INC, incorporated on Jan 7, 2019 in the state of Delaware, is the sole owner of PONY LIMOUSINE SERVICES LIMITED (Pony HK), during the six months ended June 30, 2020, Pony HK paid $26,988 on behalf of PONY GROUP INC for the US legal and audit cost incurred relevant to the OTC listing. Amount of receivable from shareholders due to the company declared a 6,000 to 1 stock split. After the stock split, the par value of the commons stocks was $0.001 per share. The shareholders should pay the consideration of $8,898 to the company. For the company use a retroactive basis to p June 30, December 31, Receivable from shareholders $ 8,898 $ 8,898 Total due from related parties $ 8,898 $ 8,898 Ms. Wenxian Fan, the director, loaned working capital to Pony HK with no interest and paid on behalf of Pony HK for the subcontracted services and employee salaries. The Company has the following payables to Ms. Wenxian Fan: June 30, December 31, To Wenxian Fan $ 186,359 $ 217,791 Total due to related parties $ 186,359 $ 217,791

Major Suppliers and Customers

Major Suppliers and Customers	6 Months Ended
	Jun. 30, 2020
Risks and Uncertainties [Abstract]
MAJOR SUPPLIERS AND CUSTOMERS	NOTE 5 - MAJOR SUPPLIERS AND CUSTOMERS The Company purchased majority of its subcontracted services from five suppliers which accounted for 100% of the total purchases during the six months ended June 30, 2020: CHANGYING BUSINESS LIMITED for 49.71%, IBIS TOUR AND TRAVEL CO. for 22.78%, YAHONG BUSINESS LIMITED for 16.88%, HONG CHENG for 7.59%, and FUN TRAVEL for 3.04%. The Company had three major customers for the six months ended June 30, 2020: HK HENGDELI TRADING LIMITED for 26.44% of revenue, HENG TAI WINE LIMITED for 30.57% of revenue and Shenzhen Shangjia Electronic Technology., Ltd for 41.85% of revenue.

Common Stock

Common Stock	6 Months Ended
	Jun. 30, 2020
Stockholders' Equity Note [Abstract]
COMMON STOCK	NOTE 6 - COMMON STOCK On May 23, 2019, PONY GROUP INC sold 1,500 shares of common stock to the following shareholders. On May 24, 2019, these transactions were completed, the consideration received are deposited into the company’s bank account. On June 1, 2020, the company declared a 6,000 to 1 forward stock split. After the stock split, the par value of the commons stocks was $0.001 per share. The shareholders and the number of shares held after the stock dividend are as follows: Name Shares Consideration Pony Group Ltd. 5,580,000 5,580 Aller Bonvoyage Inc 360,000 360 Capital Club Holding Limited 360,000 360 KERUIDA Investment Limited 900,000 900 Synionm Investments Limited 900,000 900 Wisdom travel service investments Limited 900,000 900 In June 2020, the Company announced the closing of its initial public offering of 2,500,000 ordinary shares at a public offering price of $0.1 per share, for total gross proceeds of approximately $250,000 before deducting underwriting discounts, commissions and other related expenses.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7 - SUBSEQUENT EVENTS Management has evaluated subsequent events through June 22, 2021, the date which the financial statements were available to be issued. All subsequent events requiring recognition as of June 30, 2020 have been incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Reverse Merger Accounting	Reverse Merger Accounting
Basis of Accounting and Presentation	Basis of Accounting and Presentation
Cash and Cash Equivalents	Cash and Cash Equivalents
Accounts Receivable	Accounts Receivable As of June 30, 2020 and December 31, 2019, accounts receivable was $0 and $0, respectively. The company considers accounts receivable to be fully collectible and determined that an allowance for doubtful accounts was not necessary. The PONY LIMOUSINE SERVICES LIMITED, 100% subsidiary of the company has agreements with its two major clients that the payments for the services rendered be settled every six months. The two major clients account for 57.00% of the revenue for the six months ended June 30, 2020 and 98.21% for the same period 2019, respectively.
Revenue Recognition	Revenue Recognition
Cost of revenue	Cost of revenue
Income Taxes	Income Taxes
Foreign Currency Translation	Foreign Currency Translation The exchange rates used to translate amounts in HK$ and RMB into USD for the purposes of preparing the financial statements were as follows: June 30, 2020 Balance sheet HK$7.75 to US $1.00 RMB 7.07 to US $1.00 Statement of operation and other comprehensive income HK$7.76 to US $1.00 RMB 7.03 to US $1.00 December 31, 2019 Balance sheet HK$7.79 to US $1.00 RMB 6.96 to US $1.00 June 30, 2019 Statement of operation and other comprehensive income HK$7.84 to US $1.00 RMB 6.78 to US $1.00

Organizations and Summary of _2

Organizations and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Schedule of the exchange rates used to translate amounts	June 30, 2020 Balance sheet HK$7.75 to US $1.00 RMB 7.07 to US $1.00 Statement of operation and other comprehensive income HK$7.76 to US $1.00 RMB 7.03 to US $1.00 December 31, 2019 Balance sheet HK$7.79 to US $1.00 RMB 6.96 to US $1.00 June 30, 2019 Statement of operation and other comprehensive income HK$7.84 to US $1.00 RMB 6.78 to US $1.00

Restatement and Reclassificat_2

Restatement and Reclassification (Tables)	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Consolidated Balance Sheet	As of June 30, 2020 As Restatement As Assets Current assets Cash and cash equivalents (2) $ 24,494 $ 250,332 $ 274,826 Other receivables 152 - 152 Other receivables-related party (1) - 8,998 8,998 Deferred offering cost (2) 71,500 (71,500 ) - Total current assets 96,146 187,830 283,976 Total assets $ 96,146 $ 187,830 $ 283,976 Liabilities and Equity Current liabilities Other payable-related party $ 186,359 $ - $ 186,359 Other current liability 69,727 - 69,727 Total current liabilities 256,086 - 256,086 Total liabilities $ 256,086 $ - $ 256,086 Equity Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively* (1) 2 11,498 11,500 Additional paid-in capital (2) - 176,000 176,000 Accumulated foreign currency exchange loss (1,942 ) - (1,942 ) Accumulated deficit (2) (158,500 ) 832 (157,668 ) Total Pony Group Inc stockholders’ equity (159,940 ) 187,830 27,890 Total equity (159,940 ) 187,830 27,890 Total liabilities and equity $ 96,146 $ 187,830 $ 283,976
Schedule of Consolidated Statement of Comprehensive Income	For The Three Months Ended As previously Restatement As Restated Revenue $ 13,977 $ - $ 13,977 Cost of revenue 3,910 - 3,910 Gross profit 10,067 - 10,067 Operating expenses General & administrative expenses 20,188 - 20,188 Selling expenses - - - Total operating expenses 20,188 - 20,188 Income (loss) from operation (10,121 ) - (10,121 ) Other income (expenses) Other income (expense) (2) 2,387 332 2,719 Total other income 2,387 332 2,719 income (Loss) before income taxes (7,734 ) 332 (7,402 ) Provision for income tax - - - Net Income (Loss) $ (7,734 ) $ 332 $ (7,402 ) Net Income (Loss) (7,734 ) 332 (7,402 ) Other Comprehensive Income - - - Comprehensive income (loss) (7,734 ) 332 (7,402 ) For The Six Months Ended As previously reported Restatement adjustments As Restated Revenue $ 22,709 $ - $ 22,709 Cost of revenue 10,038 - 10,038 Gross profit 12,671 - 12,671 Operating expenses General & administrative expenses 32,767 - 32,767 Selling expenses - - - Total operating expenses 32,767 - 32,767 Income (loss) from operation (20,096 ) - (20,096 ) Other income (expenses) Other income (expense) (2) 2,629 332 2,961 Total other income 2,629 332 2,961 Income (Loss) before income taxes (17,467 ) 332 (17,135 ) Provision for income tax - - Net Income (Loss) $ (17,467 ) $ 332 $ (17,135 ) Net Income (Loss) (17,467 ) 332 (17,135 ) Other Comprehensive Income - - Comprehensive income (loss) (17,467 ) 332 (17,135 )
Schedule of Consolidated Statement of Cash Flows	For The Six Months Ended As previously reported Restatement adjustments As Restated Operating activities Net Loss (2) $ (17,467 ) $ 332 $ (17,135 ) Changes in operating assets and liabilities: Other receivable (121 ) - (121 ) Accounts payable Other payable 53,786 - 53,786 Cash provided (used) in operating activities 36,198 332 36,530 Cash flow used in investing activities: Investment in Pony HK - - - Cash used in investing activities - - - Cash flow provided (used) by financing activities: Pay for deferred offering cost (23,000 ) - (23,000 ) Advance from (repayment to) related party (31,432 ) - (31,432 ) Proceed from Issue of Common Stock (2) - 250,000 250,000 Cash provided by financing activities (54,432 ) 250,000 195,568 Effects of currency translation on cash (1,377 ) - (1,377 ) Net increase (decrease) in cash (19,611 ) 250,332 230,721 Cash at beginning of the period 44,105 - 44,105 Cash at end of period $ 24,494 $ 250,332 $ 274,826

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2020
Related Party Transactions [Abstract]
Schedule of considerations and receivable form shareholders	June 30, December 31, Receivable from shareholders $ 8,898 $ 8,898 Total due from related parties $ 8,898 $ 8,898
Schedule of related party payables	June 30, December 31, To Wenxian Fan $ 186,359 $ 217,791 Total due to related parties $ 186,359 $ 217,791

Common Stock (Tables)

Common Stock (Tables)	6 Months Ended
	Jun. 30, 2020
Stockholders' Equity Note [Abstract]
Schedule of common stock	Name Shares Consideration Pony Group Ltd. 5,580,000 5,580 Aller Bonvoyage Inc 360,000 360 Capital Club Holding Limited 360,000 360 KERUIDA Investment Limited 900,000 900 Synionm Investments Limited 900,000 900 Wisdom travel service investments Limited 900,000 900

Organizations and Summary of _3

Organizations and Summary of Significant Accounting Policies (Details) - USD ($)	Mar. 07, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Organizations and Summary of Significant Accounting Policies (Details) [Line Items]
Number of shares issued (in Shares)	10,000
Shares percentage	100.00%
Accounts receivable (in Dollars)		$ 0		$ 0
Subsidiary rate, percentage		100.00%
Hong Kong profits tax percentage		16.50%
Two Major Clients [Member] | PONY LIMOUSINE SERVICES LIMITED [Member] | Revenue Benchmark [Member]
Organizations and Summary of Significant Accounting Policies (Details) [Line Items]
Revenue percentage		57.00%	98.21%

Organizations and Summary of _4

Organizations and Summary of Significant Accounting Policies (Details) - Schedule of the exchange rates used to translate amounts	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
HKD | Statement of operation and other comprehensive income [Member]
Financial Statement Line Items with Differences in Reported Amount and Reporting Currency Denominated Amounts [Line Items]
Foreign currency exchange rates	7.76		7.84
RMB | Statement of operation and other comprehensive income [Member]
Financial Statement Line Items with Differences in Reported Amount and Reporting Currency Denominated Amounts [Line Items]
Foreign currency exchange rates	7.03		6.78
Balance Sheet [Member] | HKD
Financial Statement Line Items with Differences in Reported Amount and Reporting Currency Denominated Amounts [Line Items]
Foreign currency exchange rates	7.75	7.79
Balance Sheet [Member] | RMB
Financial Statement Line Items with Differences in Reported Amount and Reporting Currency Denominated Amounts [Line Items]
Foreign currency exchange rates	7.07	6.96

Restatement and Reclassificat_3

Restatement and Reclassification (Details) - Schedule of Consolidated Balance Sheet	Dec. 31, 2019USD ($)
As Previously Reported [Member]
Assets
Cash and cash equivalents	$ 24,494
Other receivables	152
Deferred offering cost	71,500
Total current assets	96,146
Total assets	96,146
Liabilities and Equity
Other payable-related party	186,359
Other current liability	69,727
Total current liabilities	256,086
Total liabilities	256,086
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	2
Accumulated foreign currency exchange loss	(1,942)
Accumulated deficit	(158,500)
Total Pony Group Inc stockholders’ equity	(159,940)
Total equity	(159,940)
Total liabilities and equity	96,146
Restatement adjustments [Member]
Assets
Cash and cash equivalents	250,332
Other receivables-related party	8,998
Deferred offering cost	(71,500)
Total current assets	187,830
Total assets	187,830
Liabilities and Equity
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	11,498
Additional paid-in capital	176,000
Accumulated deficit	832
Total Pony Group Inc stockholders’ equity	187,830
Total equity	187,830
Total liabilities and equity	187,830
As Restated [Member]
Assets
Cash and cash equivalents	274,826
Other receivables	152
Other receivables-related party	8,998
Total current assets	283,976
Total assets	283,976
Liabilities and Equity
Other payable-related party	186,359
Other current liability	69,727
Total current liabilities	256,086
Total liabilities	256,086
Ordinary shares, $0.001 par value, 70,000,000 shares authorized, 11,500,000 and 9,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	11,500
Additional paid-in capital	176,000
Accumulated foreign currency exchange loss	(1,942)
Accumulated deficit	(157,668)
Total Pony Group Inc stockholders’ equity	27,890
Total equity	27,890
Total liabilities and equity	$ 283,976

Restatement and Reclassificat_4

Restatement and Reclassification (Details) - Schedule of Consolidated Balance Sheet (Parentheticals)	Dec. 31, 2019$ / sharesshares
As Previously Reported [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary shares, par value (in Dollars per share) | $ / shares	$ 0.001
Ordinary shares, shares authorized	70,000,000
Ordinary shares, shares issued	11,500,000
Ordinary shares, shares outstanding	9,000,000
Restatement adjustments [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary shares, par value (in Dollars per share) | $ / shares	$ 0.001
Ordinary shares, shares authorized	70,000,000
Ordinary shares, shares issued	11,500,000
Ordinary shares, shares outstanding	9,000,000
As Restated [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary shares, par value (in Dollars per share) | $ / shares	$ 0.001
Ordinary shares, shares authorized	70,000,000
Ordinary shares, shares issued	11,500,000
Ordinary shares, shares outstanding	9,000,000

Restatement and Reclassificat_5

Restatement and Reclassification (Details) - Schedule of Consolidated Statement of Comprehensive Income - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
As Previously Reported [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	$ 13,977	$ 22,709
Cost of revenue	3,910	10,038
Gross profit	10,067	12,671
General & administrative expenses	20,188	32,767
Total operating expenses	20,188	32,767
Income (loss) from operation	(10,121)	(20,096)
Other income (expenses)
Other income (expense)	2,387	2,629
Total other income	2,387	2,629
income (Loss) before income taxes	(7,734)	(17,467)
Net Income (Loss)	(7,734)	(17,467)
Comprehensive income (loss)	(7,734)	(17,467)
Restatement adjustments [Member]
Condensed Income Statements, Captions [Line Items]
Revenue
Other income (expenses)
Other income (expense)	332	332
Total other income	332	332
income (Loss) before income taxes	332	332
Net Income (Loss)	332	332
Comprehensive income (loss)	332	332
As Restated [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	13,977	22,709
Cost of revenue	3,910	10,038
Gross profit	10,067	12,671
General & administrative expenses	20,188	32,767
Total operating expenses	20,188	32,767
Income (loss) from operation	(10,121)	(20,096)
Other income (expenses)
Other income (expense)	2,719	2,961
Total other income	2,719	2,961
income (Loss) before income taxes	(7,402)	(17,135)
Net Income (Loss)	(7,402)	(17,135)
Comprehensive income (loss)	$ (7,402)	$ (17,135)

Restatement and Reclassificat_6

Restatement and Reclassification (Details) - Schedule of Consolidated Statement of Cash Flows	6 Months Ended
	Jun. 30, 2020USD ($)
Previously Reported [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Loss	$ (17,467)
Other receivable	(121)
Other payable	53,786
Cash provided (used) in operating activities	36,198
Investment in Pony HK
Cash used in investing activities
Pay for deferred offering cost	(23,000)
Advance from (repayment to) related party	(31,432)
Proceed from Issue of Common Stock
Cash provided by financing activities	(54,432)
Effects of currency translation on cash	(1,377)
Net increase (decrease) in cash	(19,611)
Cash at beginning of the period	44,105
Cash at end of period	24,494
Revision of Prior Period, Adjustment [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Loss	332
Other receivable
Other payable
Cash provided (used) in operating activities	332
Investment in Pony HK
Cash used in investing activities
Pay for deferred offering cost
Advance from (repayment to) related party
Proceed from Issue of Common Stock	250,000
Cash provided by financing activities	250,000
Effects of currency translation on cash
Net increase (decrease) in cash	250,332
Cash at beginning of the period
Cash at end of period	250,332
As Restated [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Loss	(17,135)
Other receivable	(121)
Other payable	53,786
Cash provided (used) in operating activities	36,530
Investment in Pony HK
Cash used in investing activities
Pay for deferred offering cost	(23,000)
Advance from (repayment to) related party	(31,432)
Proceed from Issue of Common Stock	250,000
Cash provided by financing activities	195,568
Effects of currency translation on cash	(1,377)
Net increase (decrease) in cash	230,721
Cash at beginning of the period	44,105
Cash at end of period	$ 274,826

Going Concern (Details)

Going Concern (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Going Concern [Abstract]
Operating losses	$ 17,135	$ 73,766
Accumulated deficit	$ (157,668)		$ (140,533)

Related Party Transactions (Det

Related Party Transactions (Details)	6 Months Ended
	Jun. 30, 2020USD ($)
Related Party Transactions [Abstract]
Legal and audit cost	$ 26,988
Commons stocks per share	0.001
Consideration amount	$ 8,898
Related party transactions, description	Amount of receivable from shareholders due to the company declared a 6,000 to 1 stock split.

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of considerations and receivable form shareholders - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Schedule of considerations and receivable form shareholders [Abstract]
Receivable from shareholders	$ 8,898	$ 8,898
Total due from related parties	$ 8,898	$ 8,898

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of related party payables - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Total due to related parties	$ 186,359	$ 217,791
Wenxian Fan [Member]
Related Party Transaction [Line Items]
Total due to related parties	$ 186,359	$ 217,791

Major Suppliers and Customers (

Major Suppliers and Customers (Details) - Revenue Benchmark [Member]	6 Months Ended
	Jun. 30, 2020
Supplier Concentration Risk [Member]
Major Suppliers and Customers (Details) [Line Items]
Number of suppliers	5
Concentration risk, percentage	100.00%
Supplier Concentration Risk [Member] | CHANGYING BUSINESS LIMITED [member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	49.71%
Supplier Concentration Risk [Member] | IBIS TOUR AND TRAVEL CO. [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	22.78%
Supplier Concentration Risk [Member] | YAHONG BUSINESS LIMITED [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	16.88%
Supplier Concentration Risk [Member] | HONG CHENG [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	7.59%
Supplier Concentration Risk [Member] | FUN TRAVEL [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	3.04%
Customer Concentration Risk [Member] | HK HENGDELI TRADING LIMITED [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	26.44%
Customer Concentration Risk [Member] | HENG TAI WINE LIMITED [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	30.57%
Customer Concentration Risk [Member] | Shenzhen Shangjia Electronic Technology., Ltd [Member]
Major Suppliers and Customers (Details) [Line Items]
Concentration risk, percentage	41.85%

Common Stock (Details)

Common Stock (Details) - USD ($)	Jun. 01, 2020	Jun. 30, 2020	May 23, 2019
Stockholders' Equity Note [Abstract]
Shares issued			1,500
Forward stock split.	the company declared a 6,000 to 1 forward stock split
Commons stocks per share	$ 0.001
Initial public offering, shares		2,500,000
Public offering price		$ 0.1
Gross proceeds		$ 250,000

Common Stock (Details) - Schedu

Common Stock (Details) - Schedule of common stock	6 Months Ended
	Jun. 30, 2020USD ($)shares
Pony Group Ltd. [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	5,580,000
Consideration | $	$ 5,580
Aller Bonvoyage Inc [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	360,000
Consideration | $	$ 360
Capital Club Holding Limited [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	360,000
Consideration | $	$ 360
KERUIDA Investment Limited [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	900,000
Consideration | $	$ 900
Synionm Investments Limited [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	900,000
Consideration | $	$ 900
Wisdom travel service investments Limited [Member]
Common Stock (Details) - Schedule of common stock [Line Items]
Shares | shares	900,000
Consideration | $	$ 900