WeRide advances in autonomous driving with plans for US IPO
WeRide, valued at $5.1 billion, operates in 30 cities and aims to raise up to $500 million through an IPO despite increasing losses
Autonomous driving tech startup WeRide has filed for an IPO on the Nasdaq, potentially marking the largest US flotation of a mainland Chinese company since ride-hailing giant Didi Chuxing's troubled 2021 listing, as reported by South China Morning Post on July 28.
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