PYMNTS-MonitorEdge-May-2024

WeRide

Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development
Waymo and WeRide Raise Funds for Continued Autonomous Vehicle Development
October 25, 2024  |  Investments

Three companies in the autonomous vehicle space are raising money for their efforts. Waymo closed an oversubscribed investment round of $5.6 billion, WeRide launched its...

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IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
IPO Hopefuls Eye 2025 as Present Outlook Remains Bleak
August 27, 2024  |  IPO

There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers...

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Chinese Autonomous Driving Firm WeRide Plans US IPO
Chinese Autonomous Driving Firm WeRide Plans US IPO
July 28, 2024  |  IPO

WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the...

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Rivals WeRide, Pony Back Ride Hailing Firm OnTime
Rivals WeRide, Pony Back Ride Hailing Firm OnTime
April 27, 2022  |  Ridesharing

Rival Chinese autonomous driving companies WeRide.ai and Pony.ai have joined forces to invest in a $153 million funding round for ride-hailing platform OnTime. As Tech...

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Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
Today In Payments Around The World: WeRide Lands $310M; Dingdong Aims For $6B Valuation
June 23, 2021  |  International

In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set...

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China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
June 23, 2021  |  Investments

China’s autonomous vehicle startup WeRide got a $310 million infusion of capital from investors, including the National Investment Fund and Alliance Ventures — the investment...

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