Robotaxi rollout drives faster earnings pace at WeRide
The driverless technology company is enjoying a payoff from expanding its global taxi fleet, with quarterly revenues surging and losses continuing to shrink Key Takeaways: Third-quarter revenue more than doubled,…
BRIEF: WeRide shares sink in Hong Kong trading debut
Shares of robotaxi operator WeRide Inc. (0800.HK, WRD.US) sagged in their Hong Kong trading debut on Thursday, opening 7.8% lower and falling throughout to close down 9.96% at HK$24.40. WeRide…
WeRide tries buyback maneuver in tight robotaxi race
The developer of driverless technology has unveiled a $100 million share buyback program in a bid to reassure investors after a stock price slide Key Takeaways: Shares in the robotaxi…
BRIEF: WeRide launches 24-hour robotaxi service in Guangzhou
Robotaxi operator WeRide (WRD.US) on Wednesday said it launched China’s first 24-hour robotaxi network covering the core areas of a major tier-one city, starting with eight pilot routes in downtown…
Geely-backed iMotion eyes IPO fast lane for self-driving tech
The maker of smart driving systems, which earns most of its revenue from car giant Geely, has filed to list on the Hong Kong Stock Exchange Key Takeaways: Revenues have…
