NEW YORK -- Shares in Chinese self-driving startup WeRide ended their fist day of trading up 6.7% on the Nasdaq composite Friday, following an initial public offering that generated $440.5 million for the company along with private placement.
Robotaxi operator raises $440m amid U.S. scrutiny of Chinese companies
WeRide, a Chinese autonomous driving technology company, received the green light to test vehicles on some Californian roads. © Reuters
NEW YORK -- Shares in Chinese self-driving startup WeRide ended their fist day of trading up 6.7% on the Nasdaq composite Friday, following an initial public offering that generated $440.5 million for the company along with private placement.