WeRide
WeRide is a pioneer in Level 4 autonomous driving technology and the world's first publicly traded universal autonomous driving company and robotaxi operator. Founded in 2017 by former Baidu Chief Scientist Tony Han, WeRide designs and operates self-driving vehicles for ride-hailing (Robotaxi), public transport (Robobus), urban logistics (Robovan), and sanitation services (Robosweeper). The company operates fully autonomous fleets across 30+ cities in 10+ countries and was the first robotaxi company to list on both NASDAQ (October 2024) and Hong Kong Stock Exchange (November 2025). WeRide holds autonomous driving licenses in China, United States, UAE, and Singapore.
Public Company
WeRide is publicly traded
IPO'd on October 25, 2024
This company is no longer available on our private secondary market. Shares can be traded publicly under WRD.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2017
Employees
383–3,093
Total Funding
$2.02B
8 rounds
Last Private Valuation
$5.01B
October 25, 2024
Funding
Total raised $2.02B across 8 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
IPO (NASDAQ: WRD)
Date
October 25, 2024
Amount
$440.5M
Valuation
$5.01B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| October 25, 2024 | IPO (NASDAQ: WRD) | $440.5M | $5.01B | Morgan Stanley, J.P. Morgan, CICC |
| November 2022 | Series D+ | Not disclosed | $5.1B | China Development Bank Capital |
| March 23, 2022 | Series D | $400M | $4.4B | China-UAE joint sovereign fund |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$3.3B
May 2021
WeRide today
$5.0B
Oct 2024 · latest mark
WeRide multiple
1.5x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Tony Xu Han
Chairman, CEO & Co-Founder
Yan Li
COO & Co-Founder
Qing Lu
CTO & Co-Founder
Qingxiong Yang
Vice President
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Baidu Apollo Go
Baidu's autonomous ride-hailing service; largest robotaxi fleet globally with 11M+ completed rides, per-vehicle profitability in Wuhan with 1,000+ vehicles deployed.
Waymo
Alphabet subsidiary; operates 3,000+ fully autonomous vehicles in US; world's first fully driverless service launched Phoenix 2020.
Pony.ai
China's second-largest robotaxi company; operates in four Chinese cities with 250+ vehicles as of early 2025, targeting 1,000 vehicles by year-end.
Tesla Robotaxi (Cybercab)
Tesla's planned autonomous taxi service; competing with Chinese and US robotaxi operators; commercial timeline uncertain.
Cruise
General Motors' autonomous vehicle division; previously operated driverless service in San Francisco; development halted following safety incidents in 2023.
WeRide Investment FAQ
WeRide FAQ
Yes, WeRide is publicly traded under the ticker symbol WRD on the NASDAQ. The company went public in October 25, 2024.
WeRide trades under the ticker symbol WRD on the NASDAQ. It began trading in October 25, 2024.
WeRide (WRD on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker WRD to place an order.
WeRide went public in October 25, 2024 via ipo, with an offering valuation of approximately $5.01B. WeRide completed its initial public offering on NASDAQ on October 25, 2024, raising $440.5 million and achieving a $5.3B valuation. The company priced shares at $15.50, with stock surging 27% on the first day of trading. This IPO made WeRide the world's first publicly traded universal autonomous driving company and the first robotaxi company to go public. The company subsequently listed on the Hong Kong Stock Exchange on November 6, 2025 (under code 0800), becoming the first robotaxi and autonomous driving company publicly traded on both NASDAQ and HKEX.
WeRide raised $2.02B across 8 disclosed funding rounds prior to its public listing.
WeRide was co-founded by Tony Xu Han, Yan Li, and Qing Lu in 2017.
WeRide is headquartered in Guangzhou, China.
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