Loading...
Market
What will be WeRide's primary revenue source by the end of 2025?
2
Resolution / Starting Odds
Autonomous taxis • 25%
Autonomous vans • 25%
Autonomous buses • 25%
Other services • 25%
WeRide's financial reports or industry analysis
Story
WeRide Raises $440.5 Million in U.S. IPO, Valued at $4.21 Billion, Prices Shares at $15.50
Oct 25, 2024, 09:41 AM
Chinese self-driving startup WeRide Inc. has successfully completed its U.S. initial public offering (IPO), raising approximately $440.5 million. The company, based in Guangzhou, priced its American Depositary Shares (ADS) at $15.50, which is at the lower end of its targeted range. WeRide sold 7.74 million shares during the IPO, resulting in a valuation of $4.21 billion. This marks a significant milestone for WeRide, which is known for its autonomous taxis, vans, buses, and street sweepers, and is currently conducting commercial pilots in 30 cities across seven countries. The IPO comes amid a growing interest in the autonomous driving sector, following other successful public offerings in the industry.
View original story
Similar markets
Below $10 • 25%
$10-$20 • 25%
$20-$30 • 25%
Above $30 • 25%
Electric Vehicles • 25%
Full Self-Driving Technology • 25%
Robotaxis • 25%
Other • 25%
Electric Vehicles • 25%
Energy Products • 25%
AI and Robotics • 25%
Other • 25%
Electric Vehicles • 25%
Humanoid Robots • 25%
Energy Solutions • 25%
Other • 25%
Ride-hailing • 25%
Delivery services • 25%
Public transportation • 25%
Other • 25%
Yes • 50%
No • 50%
Robotaxis • 25%
Sidewalk Robots • 25%
Equal • 25%
Indeterminate • 25%
Below $500 million • 25%
$500-$600 million • 25%
$600-$700 million • 25%
Above $700 million • 25%
150,001 - 200,000 • 25%
More than 200,000 • 25%
Less than 100,000 • 25%
100,000 - 150,000 • 25%
Advertising • 25%
Subscription services • 25%
Data licensing • 25%
Other • 25%
Less than 1,000 • 25%
1,000 to 5,000 • 25%
5,001 to 10,000 • 25%
More than 10,000 • 25%