A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valued at ~$5B (Daisuke Wakabayashi/New York Times) https://bit.ly/3yFd4oS
Daisuke Wakabayashi / New York Times:
A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valued at ~$5B — WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
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