WeRide (WRD) Soars 14.7% on Strong Q3

Core Insights - WeRide Inc. (NASDAQ:WRD) experienced a significant share price increase of 14.72% on Monday, closing at $8.26, driven by strong Q3 performance [1] - The company reported a 70% reduction in net loss attributable to shareholders, narrowing it to 307 million yuan from 1.04 billion yuan year-over-year [1] - Revenues surged by 144% to 170.98 million yuan, up from 70 million yuan in the same period last year, largely due to global fleet expansion and increased service penetration [2] Financial Performance - Net loss attributable to shareholders decreased by 70% to 307 million yuan from 1.04 billion yuan [1] - Total revenues increased by 144% to 170.98 million yuan compared to 70 million yuan in the previous year [2] - Revenue from products and services grew by 428% and 66.9%, respectively [2] Operational Expansion - WeRide operates over 1,600 vehicles, with nearly 750 being robotaxis [2] - The company expanded its operations into eight countries, recently securing a driverless permit in Switzerland, allowing autonomous operation on public roads [3]