China autonomous vehicle startup WeRide delays US IPO

WeRide is delaying plans to go public, according to CNBC. The self-driving tech company aimed to hit the Nasdaq this week, but now says it needs more time to complete the necessary IPO documents.  The firm, which develops autonomous vehicle technology for robotaxis, mini-buses and street sweepers, is seeking an IPO at a $5 billion © 2024 TechCrunch. All rights reserved. For personal use only.

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