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Stock impact report

Qiming Venture Partners Celebrates WeRide's IPO on Nasdaq

WeRide Inc. - American Depositary Shares (WRD) 
Last weride inc. - american depositary shares earnings: 11/7 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.wildhorserd.com
Company Research Source: PR Newswire
SHANGHAI, Oct. 25, 2024 /PRNewswire/ -- On October 25th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasdaq. This marks a historic milestone as both the world's first pure-play autonomous driving company to go public and the first publicly listed Robotaxi company. WeRide (NASDAQ:WRD) offered at $15.5/ADS, representing a market cap of $4.3 billion.Qiming Venture Partners, a leading venture firm committed to frontier technology investments, has long recognized the transformative potential of autonomous driving technology for society. As the earliest and largest financial investor in WeRide, Qiming has played a pivotal role in the company's growth, participating in its Series Seed, A, and B funding rounds since 2017.Established in 2017, WeRide aims to develop safe and reliable autonomous driving solutions. The company is the only tech company in the world that simultaneously holds autonomous drivi Show less Read more
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