WeRide

On Wednesday, Cathie Wood-led Ark Invest made significant trades, prominently featuring the acquisition of shares in WeRide Inc. (NASDAQ:WRD). This move comes amid WeRide’s recent advancements in the driverless vehicle sector. The WeRide Trade ARK Autonomous Technology & Robotics ETF (...

The robotaxi fight just stopped being polite. The debate is no longer about whether autonomy works — the question now is who owns the economics of the future ride-hailing market. And as Tesla Inc (NASDAQ:TSLA), Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOG) Waymo, and Uber Technologies Inc (NYSE:...

In a major move towards international expansion, Baidu Inc. (NASDAQ:BIDU) is reportedly preparing to test its autonomous ride-hailing service in Europe. What Happened: The Beijing-based internet titan has been negotiating with PostAuto, a subsidiary of Swiss Post, to bring...

China-based autonomous driving startup WeRide announced on Friday that it raised $440.5 million via an initial public offering in the U.S., alongside private placement. The company’s American Depository Shares (ADS) have been approved for listing and are expected to begin trading on the...

As Tesla Inc (NASDAQ:TSLA) gears up for its highly anticipated Robotaxi event on Oct. 10, the rideshare market is bracing for disruption. Tesla's event, expected to reveal a low-cost, fully autonomous vehicle (AV), has sparked concern among investors, particularly for companies like Uber...

China-based autonomous driving startup WeRide has reportedly postponed its plans for an initial public offering in the U.S. What Happened: The company is still preparing for its first-time share sale, Bloomberg reported, citing people familiar with the matter. The news comes days before the China...

WeRide, a Chinese autonomous driving startup, has been given the green light to test its driverless vehicles with passengers in California, a significant development amid the global race for autonomous vehicle technology. What Happened: The California Public Utilities Commission has granted WeRide...

China-based autonomous driving startup WeRide said on Friday that it is looking to raise up to $440 million in a U.S. initial public offering and subsequent private placement. What Happened: WeRide is looking to raise up to $119.4 million in the IPO by offering 6.452 million American depositary...

WeRide, a trailblazer in the autonomous driving industry, has received the green light for commercial operation of its fully driverless Robotaxi service in the Chinese capital. What Happened: According to the press release carried by PRNewswire, WeRide secured approval from the Beijing Intelligent...

China-based Guangzhou WeRide Technology Co is considering a potential $500 million initial public offering, Bloomberg reported citing people familiar with the situation. The driverless technology startup is working with advisers on the potential listing and is weighing the U.S...