Robotaxi Rollout Is Paying Off For WeRide
The driverless technology company is enjoying a payoff from expanding its global taxi fleet, with quarterly revenues surging and losses continuing to shrinkKey Takeaways:Third-quarter revenue more than doubled, marking the biggest quarterly jump in the company's historyGross margin leapt to 32.9% as robotaxi revenues took off Driverless car company WeRide Inc. (NASDAQ:WRD) (0800.HK) has accelerated along the path towards profitability, powered by surging robotaxi revenues.Competitors in the robotaxi race ar ...