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Autonomous Driving Startup WeRide Responds No IPO Plan

Autonomous Driving Startup WeRide Responds No IPO Plan

Aug 24, 2022
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Autonomous Driving Startup WeRide Responds No IPO Plan
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Autonomous Driving Startup WeRide Responds No IPO Plan
(Source: WeRide)

According to recent reports, Chinese autonomous driving technology startup WeRide is considering an initial public offering, which may raise about $500 million. It will submit a prospectus in September and plans to go public as early as this year, Bloomberg reported on August 23. However, WeRide has denied the report.

Guangzhou-based WeRi…

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