WeRide Inc.(US:WRD) Yahoo Financeยท2025-09-23 11:16Core Viewpoint - WeRide Inc. has joined the Nasdaq Golden Dragon China Index, enhancing its visibility and potential for investor recognition in the autonomous driving sector [1][2][4]. Group 1: Company Developments - WeRide reported a significant revenue growth of 60% year-over-year, with sales reaching $17.8 million in Q2 2025 [3]. - The robotaxi segment's revenue surged nearly ninefold to $6.4 million, indicating strong demand for its autonomous driving services [3]. - The company has expanded its operations to over 30 cities across 11 nations since going public in October 2024 [5]. Group 2: Strategic Partnerships and Market Expansion - WeRide has formed a partnership with Grab to launch autonomous rides in Singapore and received a permit for its Robobus service in Belgium [5]. - An agreement with Uber is expected to enhance WeRide's presence in Europe and the Middle East over the next five years [6]. Group 3: Market Context - The Nasdaq Golden Dragon China Index, which includes 83 companies like Alibaba and JD.com, has recently seen improved sentiment, reaching its highest point since February 2022 [4]. - Despite the positive developments, WRD stock has experienced a decline of over 30% in the past year [4].