Guan Cha Zhe Wang·2025-10-28 12:45Core Insights - Uber is planning to invest in the Hong Kong IPO projects of autonomous driving companies Pony.ai and WeRide, which will strengthen its ties with Chinese autonomous taxi firms [1] - Uber may inject approximately $100 million into Pony.ai's stock issuance, while also showing interest in WeRide's listing project [1] - Pony.ai aims to raise $972 million in its Hong Kong listing, while WeRide plans to raise $398 million [1][2] Group 1 - Uber has previously participated in the IPOs of both Pony.ai and WeRide in the U.S. and has invested an additional $100 million in WeRide earlier this year [1] - Other potential investors in these IPOs include Grab, Temasek, and Bosch [1] - Pony.ai's ADR stock price has increased by over 50% since its U.S. listing, while WeRide's stock price has decreased by 28% since its listing [2] Group 2 - Pony.ai plans to use the funds raised from its Hong Kong listing for the large-scale commercialization of its Level 4 autonomous driving technology in taxi and truck services, with a goal to achieve profitability by 2028 or 2029 [2] - WeRide intends to use its IPO proceeds for research and development of autonomous driving technology and to accelerate the commercialization of its Level 4 autonomous fleet [2] - Both companies have not yet achieved profitability [2]