Weride news and trends

IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
IPO // August 27, 2024

There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers and executives hoped for hasn’t been realized, leaving them to hold out hope for 2025, The Wall Street Journal reported...

Chinese Autonomous Driving Firm WeRide Plans US IPO
IPO // July 28, 2024

WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) on Friday (July 26). WeRide said in that filing that it could face “various legal...

Rivals WeRide, Pony Back Ride Hailing Firm OnTime
Ridesharing // April 27, 2022

Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. As Tech Funding News reported Wednesday (April 27), OnTime will use the funding from the Series A to build a fleet of...

Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
International // June 23, 2021

In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set of a $6 billion valuation when it goes public in the United States. Plus, Amazon Payment Services has launched a...

Quick Reads
Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development

October 25, 2024
Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its initial public offering (IPO) and Pony AI filed for an IPO on Nasdaq, according to press releases and report. Waymo said in a Friday (Oct. 25) press release that its […]

IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak

August 27, 2024
There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers and executives hoped for hasn’t...

Chinese Autonomous Driving Firm WeRide Plans US IPO

July 28, 2024
WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC)...

Rivals WeRide, Pony Back Ride Hailing Firm OnTime

April 27, 2022
Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. As Tech Funding News reported Wednesday (April...