WeRide

Chinese robotaxi companies Pony.ai and WeRide saw their stocks decline 11% and 7.8% in their Hong Kong IPOs; Pony.ai raised ~$863M and WeRide raised ~$309M

Bloomberg :

Sources: Uber plans to invest in the Hong Kong listings of Pony AI and WeRide, deepening its Chinese robotaxi ties, including ~$100M in Pony AI's share sale

Bloomberg :

Nasdaq-listed Chinese self-driving company WeRide, which reported a ~$260M loss in 2023 and a ~$344M loss in 2024, warns profitability is “difficult to predict”

Financial Times :

Chinese self-driving company WeRide aims to make more inroads overseas in 2025; WeRide operates in nine countries and secured new deals in Switzerland and Japan

Jiahui Huang / Wall Street Journal : Forums: r/SelfDrivingCars Forums: r/SelfDrivingCars : China's WeRide Wants to Build Global Robotaxi Empire

Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving it a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement

David Morris / Bloomberg :

Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving it a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement

The Guangzhou-based company's ADS pared initial gains to close at $16.55 on Friday in New York, above the IPO price of $15.50 apiece.

Chinese self-driving firm WeRide raised $120M in its US IPO at a $4.21B valuation, and sold 7.7M shares at $15.50 a piece, the lower end of its targeted range

Chinese self-driving startup WeRide delays its planned IPO in the US, citing its need for more time to complete documents, after filing for an IPO in July 2024

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents.

A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valued at ~$5B

Daisuke Wakabayashi / New York Times :

Sources: Chinese robotaxi company WeRide is seeking about $100M in a US initial public offering and around $200M to $300M in a concurrent private placement

Bloomberg :