WeRide Notches US$4.2 Billion Valuation In US IPO
Self-driving firm WeRide notched a valuation of US$4.21 billion after raising US$120 million in its US IPO on Friday, becoming the latest Chinese company to capitalise on easing regulatory hurdles to list in New York. The company sold 7.7 million American depositary shares (ADS) in the offering at US$15.50 a piece, the lower end of […]