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WeRide, US IPO
China's WeRide raises $440.5 million through US IPO, placement
(Reuters) -Self-driving startup WeRide raised a combined $440.5 million in its U.S. initial public offering and a private placement on Friday, the latest Chinese firm to capitalize on improving investor sentiment and easing regulatory roadblocks.
China Auto Tech Firm WeRide’s Shares Gain 6.8% After US IPO
WeRide Inc. American depositary shares surged 21% from their initial public offering price after the Chinese self-driving automotive company raised $440.5 million in a first-time share sale and private placement.
Chinese self-driving firm WeRide raises USD 120 mn in US IPO
WeRide: The company sold 7.7 million American depositary shares in the offering at USD 15.50 a piece, the lower end of its targeted range of USD 15.50 to USD 18.50 per ADS.
Chinese self-driving firm WeRide notches $4.21 billion valuation in US IPO
(Reuters) -Self-driving firm WeRide [WRD.O] notched a valuation of $4.21 billion after raising $120 million in its U.S. initial public offering (IPO) on Friday, becoming the latest Chinese company to capitalize on easing regulatory hurdles to list in New York.
WeRide Raises $440.5M Via US IPO And Placement To Fuel Its Autonomous Driving Vision, Valued At Over $4B
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.
WeRide secures $440.5 million in US debut amid rising Chinese tech IPOs, eyes $4 billion valuation
The number of Chinese companies that have pursued stock market flotations in the United States had dropped in the past few years, after ride-hailing giant Didi Global was forced to delist its shares following a backlash from Chinese regulators.
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public offering (IPO) on Friday (Oct 25), becoming the latest Chinese company to capitalise on easing regulatory hurdles to list in New York.
17h
China's self-driving startup WeRide's shares surge in Nasdaq debut
WeRide's shares rose 19% in their Nasdaq debut on Friday, after the self-driving startup raised $440.5 million in its IPO and ...
The Robot Report
11h
Chinese AV developer WeRide brings in $458.5M from IPO, private placement
WeRide currently holds autonomous driving licenses in China, the UAE, Singapore, and the U.S., and has operations in over 30 ...
15h
Qiming Venture Partners Celebrates WeRide's IPO on Nasdaq
On October 25th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasdaq. This marks a historic milestone as both ...
18h
Chinese self-driving startup WeRide's shares open flat in Nasdaq debut
Its American depositary shares started trading at $15.50 apiece, in line with their initial public offering price. Stay up to ...
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